Nintendo's fanbase is so broad and strong, they are hardly ever on the "hot seat." Their fanbase is okay with them being years behind technologically and cranking out their franchises. Even during their biggest stumbles like the Wii U, I don't remember people being angry at them. More like bemused. They have such a long history in the industry, and such a spirit of "fun" about them, that people give them a lot of leeway. At the same time, though, only 1% of GAF own only a Switch, which in my estimate means that the Switch is not good enough to stand alone - it always needs another platform or console beside it, and many times it is secondary to those other consoles/platforms.
To answer the question, I think both Microsoft and Sony are on the hotseat, for different reasons. Microsoft for a long history of failure to deliver great exclusives, combined with huge corporate buyouts and a history of lies or misdirection. Sony for decreasing output especially in the SP space, increasing woke crap, and prioritization of GaaS. I'm not happy with the direction of either MS or Sony.