The terse announcement does nothing to clear up rumors surrounding the system, which has been linked to high-definition graphics, motion controls and a handheld touch screen. Less trustworthy industry sources have even indicated that the system's rumored codename, "Project Cafe," hints at its ability to shoot a cappuccino directly into your gaping mouth.
According to the investor note (posted after the break), Nintendo plans to show off a playable model of the Wii successor during this year's E3, which takes places in Los Angeles from June 7th.
Update: Nintendo president Satoru Iwata is quoted in a Reuters article, saying, "We would like to propose a new approach to home video game consoles." This new approach, as you might expect, does not necessarily include 3D displays. "It's difficult to make 3-D images a key feature, because 3-D televisions haven't obtained wide acceptance yet," he said.