Thus, on February 28 in Japan, the PS Vita will drop to 19,980 yen, whether it is the Wi-Fi or the 3G model.
The current prices for the console are 24,980 yen ($269.33 USD) for the Wi-Fi model and 29,980 yen ($323.24 USD) for the 3G version.
This makes the console more affordable, but at the moment it is only for the Japanese market.
Sony has yet to announce the application of this price drop in Europe.
The company is expected to make some announcements at its PlayStation 4 event on Wednesday.