For some insight on the JP side, in order to buy a PS5, you have to go to a retailer's website and pull a "lottery" until you get one. Unfortunately, this has been going on for over a year and most PS5s are going to scalpers and outside of Japan (most notably China). So what happened was, the hype around the PS5 died down.
1. People got tired of spending hours on lottery, only to not get one
2. Boom in the fps genre, specifically Apex and Valorant shift to pc
3. There isn't a reason to get a PS5 rn, no good games from Japanese perspective, and exclusives goes on pc as well
4. Boost in Xbox's reputation with Xbox fanboys doing their best to promote it with the GamePass
5. Feeling abandoned by Sony for completely ignoring them and clearly focusing outside of Japan (moving HQ to California, focusing supplies elsewhere, etc.)
Since Nintendo treats them very well, you can see the results. Most decided to stop gaming, wait till they can get a PS5 or a good game to release, shifted to Xbox, shifted to pc.







