The Wii U may only be a year-and-a-half old, but that hasn't stopped Nintendo from beginning development on its successor. Satoru Iwata told investors during a recent financial meeting, whose report was released on the company's Japanese site earlier today, that the company already has some concrete ideas regarding their next piece of home console hardware. Even with this news in mind, fans of the struggling Wii U shouldn't worry too much about its lifespan being cut short, as Nintendo has also stated that it won't be replacing the Wii U until its consumers are satisfied.
President Iwata also made a point to respond to recent criticisms regarding the company, stating that Nintendo has not run out of new ideas as to how they might innovate with their next console. News of a new system in development also shouldn't come as a major surprise, as it's no secret that all three console-makers begin actively working on their next piece of hardware shortly after launch. This is a point that Iwata chose to make clear during his announcement.
In fact, we already have a clear idea to some extent about the direction our next hardware is going to take. Once we launch a new platform, we naturally start to prepare for the next one. As it takes several years to develop a single platform, if you ask us whether we are preparing for our next system, then the correct response will be that we are always developing new hardware.
He went on to state that it is still too early to answer any questions regarding this console's launch, as well as what type of hardware it may end up being. Given the typical length of a console cycle, fans probably shouldn't expect to hear too much more before 2016. This statement also came shortly after the company had announced that they will not be announcing any new hardware during next month's E3 presentation, which will be another pre-recorded Nintendo Direct, in similar vein to last year show.
These statements came shortly after the company announced that they are planning on releasing another piece of hardware for “emerging markets” sometime in 2015, though it's clear that should be considered a different project entirely. We'll have more information regarding Nintendo's upcoming hardware when it eventually becomes available.