Nintendo president says a Switch successor/price cut not currently being considered

[Shiken]

Yerm said:
outright admitting that they arent working on new hardware is a bad sign. it takes years to develop a console, and the PS5 and next Xbox could very well launch next year. if that happens, game devs arent going to care about the bottom line, the Switch is going to be left in the dust.

I seem to remember that Sony said something aimilar when asked about the PS5 even 3 years into its life.  This is common, there is nothing to see here.