Japanese gaming giant Nintendo released its full-year results on Wednesday and revealed the date of its next video game console, codenamed the NX.
Net sales for Nintendo fell 8.2 percent to 504 billion yen ($4.5 billion) for the year ending March 31, while profits fell 60 percent to 16 million yen.
The report teased that the NX will have a brand-new gaming concept and will be released around the world in March 2017. It will be launched alongside the latest instalment of the popular "Legend of Zelda" franchise which it also stated Wednesday would be delayed as more time was needed to "polish the game."
"As we report the results of the last fiscal year, we also look forward to an exciting period ahead with further growth in our mobile business [and] new products for our dedicated video game systems," said Nintendo President Tatsumi Kimishima in a press release.