Series X dominating the S, so much for the console size theory lol. High specs (at least for home consoles) seem to be valued more than a low price point even in Japan. Mobile phone craze may have turned people less price sensitive in most countries.
Nintendo can take advantage of this and launch a truly powerful Switch 2 at $399 minimum. I actually think they would still see crazy levels of success with a super powerful $499+ Switch 2, but I don't know if they would dare.