In an interview with Reuters, Capcom Chief Financial Officer Kazuhiko Abe said the PS3's price in America is "likely to be cut again towards the end of the year." Abe also said that while he expects the PS3's installed base to grow gradually, the continued growth in PS2 users means "a shift to the PS3 is on the back burner."

With similar pessimistic statements on the recent price cut from the likes of Konami and Square Enix executive, we have to wonder whether Sony's clout with the Japanese publishing community is dwindling. Tales of Japanese publishers devoting more focus to Nintendo systems certainly don't help matters.

This article was originally published on Joystiq.