Sony Interactive Entertainment is raising the price of the PlayStation 5 in Japan next month.
That is according to a new PlayStation Japan Blog message (which we machine-translated), in which Sony announced that it will revise the suggested retail price of the PS5 and “related peripherals” on September 2, 2024.
“Given the recent challenging external circumstances, including the current fluctuations in the global economic situation, and the impact this will have on our operations, we have taken this decision,” the company said.
This means that both versions of the PS5 (the standard and digital editions) will cost 13,000 yen (around $90) more. This is the third price increase since the console launched in Japan in 2020.
As of September 2, the PS5 will cost 79,980 yen ($552.39 / £417.98) and the PS5 Digital Edition will cost 72,980 yen ($504.05 / £381.39).
Sony is raising PS5 prices in Japan on September 2. Both models are going up by 13,000 yen (nearly $90), in the third PS5 console price increase in Japan since its launch in 2020 https://t.co/1i3QOEkdDV pic.twitter.com/J7Y5OCT8YYAugust 27, 2024
As Sony details in the blog post, the price of other PlayStation tech will also increase, including all DualSense Wireless controllers and their color variants, which now cost 11,480 yen ($79.29 / £59.99), as well as the PlayStation VR2 and the PlayStation VR2 “Horizon Call of the Mountain Bundle”, both of which will cost 89,980 yen ($621.15 / £470.19) and 94,980 yen ($655.67 / £496.11) respectively.
Other items being reviewed include the DualSense Edge, the wireless controller (Dualshock 4), the PlayStation Portal, the Pulse Explore wireless earbuds, and the Pulse Elite wireless headset.
The latest price increase comes shortly after new rumors surfaced about the PlayStation 5 Pro.
According to industry commentator Jeff Grubb and reported by GameSpotSony is gearing up for an upcoming State of Play in September, where it said it could potentially reveal its next console. Grubb also said that if it were to be announced now, it could go on sale in October for an estimated price of $600-$700.