I don't like the fact that they're blaming the Wii U's hardware losses on a strong yen; currency alone would not cause such a large loss from the start (two pieces of software to cover it suggest 100$+ in losses per unit).
I also find it strange that they expect the NX to have much impact on revenue, and especially profits, in this fiscal year, seeing as how it launches at the very end of it and misses the holiday season completely.
There's a fairly big chance that the initial sales will be less than Reggie.., I mean stellar.

One thing I don't get is people doubting them launching in March instead of the holidays. Your launching a new product. Whoever is a die hard fan of Nintendo is going to buy it regardless of price and time of the year (me). If they launched in holidays and it was discounted or had bundles making it a lesser value, then they would lose out on the money from people like me that are willing to pay for the full price at launch. Holidays should, at the very least, be a few months AFTER a device launches, in order for a company to get as much profit as possible from the die hard fans before selling a bunch of devices to people waiting for bundles and discounts. It's just good business.

Maybe its meant to come in early March? Maybe they are anticipating big revenue from Fire Emblem and Animal Crossing mobile? Pokemon Go? They also do have I believe one more mobile title coming this fiscal year.

This is just a general comment not specifically about this situation, but I always thought the September launch window, which used to be the norm was always pretty good.

You could get the die-hards buying the first wave of systems in September/October and then November/December could be for the holiday rush. That always seemed to make more sense to me, but I think consoles take so much more resources to launch nowadays that they get pushed to the last possible minute (the week of Black Friday in the US).

Focus on the 3DS, by not having a single 3DS game on the E3 showfloor, lol kay. Just admit you're 100% focused on NX already.

I think most the 3DS games they're hoping for good revenue from are Japanese centric though -- Monster Hunter, Dragon Quest, Yokai Watch, that sorta thing, probably not really a fit with the type of event E3 is.

I wonder though if "N-Stars", from SuperMetalDave's leak is an Amiibo-centric 3DS game. Gotta sell those Amiibo this holiday.

It's a pretty big difference from I saw. Per Mpl90 on NeoGaf:

Exchange rates as of December 31st, 2012 (after Wii U launch)
USD: 1 USD = 86.58 Yen
Euro: 1 Euro = 114.71 Yen

Exhance rates as of March 31st, 2016
USD: 1 USD = 112.68 Yen
Euro: 1 Euro = 127.70 Yen

Forecast for March 31st, 2017 (NX launch period)
USD: 1 USD = 110.00 Yen
Euro: 1 Euro = 125.00 Yen

Just look at the dollar/yen exchange ... it's about a 30% difference. That means a $350 Wii U then would cost roughly $245 under current currency conditions (though not factoring in inflation).

It's good business to miss the craziest shopping season of the year? There's a reason manufacturers and game developers flood the last quarter with games and devices; this is the season when a lot more consumers buy a lot more stuff they wouldn't buy otherwise.
Look at the figures for revenue in all sectors of shopping for the holiday season and tell us again how it's good business to miss this opportunity. Heck; look at vgchartz own numbers and the fact that roughly half of a calendar year's worth of sales comes in the last quarter of the year, with the last six weeks of the year often trippling or more the weekly numbers of previous quarters weekly numbers.

I'm sorry, but this is some really strange reasoning. New products do not get discounts if they launch during the holidays; they may well sell great numbers due to news value though. Look at how (relatively) well the Wii U did in its launch window over the holidays, and then look at how fast it sank into the 1st quarter, imagine if they postponed the launch until March the following year, the numbers would have been disastrous and the whole product could have lost absolutely all credibility as a commodity from the very start.

I think they honestly tried pretty hard to make the holiday season. They probably could have launched it in November, but they would have had supply issues possibly from having to fab a 14nm chip (which is too power efficient for them to pass up). I think actually they could have launched with just Zelda and Paper Mario + a bunch of third party ports if they absolutely had for November, but they probably would've been screwed for the next 2-4 months after that and would have had to suffer through a similar drought as the 3DS/Wii U and taking all that into account, they opted to move back into March.

If they can't have Christmas, I think they settled on having NX at least by the end of the fiscal year end.

According to SuperMetalDave's leak there's a big game codename "N-Stars" coming this holiday for 3DS published by Nintendo.

I wonder if this is an Amiibo game for the 3DS using various Nintendo characters.

Also yeah 3DS is getting a price drop this holiday, I would assume new bundles are coming with that.