Nintendo released a corporate statement in Japan about the stock situation, being extremely blunt and to the point. As I don’t speak or read Japanese, the following is a google translated version of that statement:
Thank you very much for your continued patronage of our products.
The “Nintendo Switch main unit” which we released on March 3, 2017 has continued to be in short supply in the entire domestic market since its launch.
We apologize sincerely apologize to our customers and dealers for their inconvenience.
Currently, we continue to ship every week, we are working to deliver more than one product to customers. Also, in July and August,
we will increase shipment volume this month, including continued shipment of “Nintendo Switch Splatoon 2 set”.
For autumn and beyond, we will continue to work to ensure that as many products as possible can be delivered to our customers towards the end of the year, such as further strengthening our production system, we appreciate your understanding.
This could mean a few things, but for them to be confident enough that they can supply even more units in July and August – two critical months especially in Japan with Splatoon 2 and Monster Hunter XX releasing – means whatever manufacturing hangups have occurred so far will at least be temporarily alleviated. This likely means Nintendo was able to strike a deal with their suppliers to get some priority on parts manufacturing during those months, if not longer. Nintendo has been trying to ramp up production as much as possible all year, but it has been widely reported that part shortages have been the biggest bottleneck in meeting demand.
I obviously would not expect this to mean that Switch units will suddenly be plentiful and will remain so. Nintendo may have issues meeting demand for a year or longer, but it does mean that larger shipments of the system should be hitting store shelves during those months.