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I-mar said:

The Japanese gaming market has been dead long ago. It is the Western market what matters the most now and the Playstation 5 dominates it. Now PS5 gots its big Sony exclusives and all Xbox games coming to it. Once GTA 6 lunches, the PS5 will even dominate more in the west. The Japanese gaming market is now nich market.😁

This is evidently false. Nintendo have never sold more hardware and software in Japan than they have during the past 8 years. Just because PS sell less than previously in Japan doesn't mean it isn't a big gaming market. Even PC gaming is bigger now in Japan than ever before. The only thing that has declined the past 10 years in Japan is PS hardware and software sales.

Nintendo is also incredibly popular in the US, and Nintendo is incredibly competitive in the US market, just look at Nintendo hardware and software sales in the US for decades at this point.