Set to hit the company’s homeland on August 28, the new PS3 model will be labelled the CECH-4300C (catchy we know), and will set wannabe owners back just 28,058 yen (£164).
Currently a PS3 sets Japanese gamers back 30,837 yen (£180).
The new model is not expected to differ greatly from existing models, but will replace the 500GB (CECH-4200C) and the 250GB (CECH-4200B) Charcoal Black PS3s which will be discontinued later this month.
The 250GB ‘Classic White’ model (CECH-4200BLW) is also being prepped for the chop.
The new console’s naming convention would suggest that
Although the PS4 is the new star of Sony’s gaming show, the PS3 remains a popular choice with gamers, with the more affordable entry point still widely supported by developers.