This is why the US always accuses (justified or not) other countries artificially keeping their currencies undervalued, by the way.
Something like the Switch is going to rely heavily on imported parts, and so when your currency plummets relative to others, that forces you to increase prices just to stay in the black. And yeah in looking it up, then yen has dropped about 50% against the yuan just over the past 5 years. Seems like Japan didn't learn much from the US about picking 'print money' as your economic policy. It doesn't last long when you're an economic hegemon able to export your inflation, but it's a far worse idea when you're a lesser economic power.
Exactly. Japan has held its interest rates at almost zero for years (currently 0.75%) while the US is at 3.5% and has been roughly there or higher since late 2022. Having a negative 3% interest rate gap with the world's largest economy for over 3 years is going to cause currency weakness.
Second, the largest price increase is for the local Japanese market (and they are increasing the already-underpriced special 'Japan-only' model that they won't allow to be sold in other markets).