Iwata: new Western Touch Generations games, Wii SD update still on the way

Following last week's Nintendo financial report, the company has just posted a translation of the investor Q&A session with president Satoru Iwata. Iwata had plenty to say -- there is a very high ratio of A to Q.

Talking about the downward revision of sales forecasts, Iwata classified the Japanese market as "???the least robust market in the world today with regard to home console systems," due in part to an "an overall lifestyle shift where many forms of entertainment are enjoyed while on the go or during spare time."

Moving on to the worldwide market, Iwata expressed an interest in developing new products to appeal more to Western interests. He revealed that Nintendo is "working on U.S. and Europe-originated Touch Generations products, which may have a smaller demand in Japan than overseas." "One or two" of these new games will be out this year. He also revealed that the hit Wagamama Fashion Girls Mode would be released internationally.

Iwata confirmed that the DSi will not sell for the same price as the DS Lite in America and Europe, citing "current foreign currency exchange rates." He did not identify specific prices.

The SD storage update, which allows downloaded content to be saved directly to SD, is still on the way in the spring, but Iwata did not date it. He said that the program Nintendo announced for Japan, offering 500 Wii Points to customers who help friends take their Wiis online, would start concurrently with this update.

This article was originally published on Joystiq.