Sony hikes the PlayStation 5 price in Japan by 19 percent

Due to a “challenging external environment,” Sony will increase the PS5’s price in Japan by 19 percent. The new price of the standard PS5 model will be ¥79,980 (about $554) and will come into effect by September 2, 2024. Prices for the console in other countries are not affected.

It’s important to note that Sony raised PS5 prices around the world two years ago, with the exception of the US. Similar to the Japanese price hike, Sony also remarked that “challenging economic decisions” led to this difficult decision. Without getting into

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