Speaking during a Sony business segment meeting on Friday, Sony Interactive Entertainment's new president and CEO, Hideaki Nishino, was asked if he was concerned that Switch 2's improved specs and Nintendo's improved relationships with third-party publishers would provide tougher competition for PlayStation in the coming years.
"We closely monitor the overall gaming industry, including the actions of other market participants," he responded. "Additionally, catalysts in the market are great for the industry as a whole, as they invigorate the excitement and demand more broadly. So it's great to have people launching new things.
"However, as I mentioned previously, we have a differentiated strategy. PlayStation 5 is designed for an immersive gaming experience, and this includes the innovative DualSense controller features as well. We believe PS5-level performance is required to achieve a great experience on big screens. And in this way, we have provided a unique offering for players and creators in this current console generation."
He continued: "However, publisher strategies are increasingly shifting towards being multi-platform, so more platforms can run the same game, which is great from a creator's perspective. Among those platforms, our mission is that we will continue to be the best place to play and publish."