During an event held today at the Toranomon Hills Forum venue in Tokyo, Microsoft Japan finally announced the Japanese release of the slimmed-down Xbox One S.

The console will hit Japanese retailers in limited quantities at the end of this month, on November 24th.

The Japanese release comes substantially later than the August 2nd launch in the west, but it's right in time for the Japanese Holiday shopping season, which normally starts in December and ends with the first week of January. The price will be 34,980 yen ($332) plus taxes for the 1TB Halo Collection SKU.

Back in October, Xbox Division Head promised during an interview that the console would come to Japan by the end of the year, and looks like he kept his word.

Spencer also mentioned that Microsoft would keep making efforts to improve the success of the platform in the country, but of course the Xbox One faces an uphill battle locally, where it managed to overtake the meager milestone of 70,000 units sold since its launch in September 2014 just last week.

To be precise, total Xbox One sales in Japan are currently sitting at 70,024 according to the latest Media Create numbers announced today, combined with historical data.

Yet, the Japanese tend to appreciate miniaturization, so we'll have to wait and see if the new model will manage to revitalize the console in the local market, at least to a degree.

Below you can see a trailer of the Xbox One S just released for the local market.