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Nope, it will be roughly closer to $80 based on Yen to USD conversion and even then that's an extremely hard sell. More than likely they will compromise at $70 because while pokemon is popular in the states the demand this year will be for next-gen PS5 and Series X products. To compete against that they can't charge too much more than the next gen $70 rate or they will lower interest in the product during holiday season.
Nintendo will take a small hit, aim for $70 to compete and compell people to purchase it along with a new Switch for cheaper gaming experience relative to PS5/Series X.