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Iwata said about QOL products:

"There are many players in this market, but Nintendo is one of the few that make both hardware and software, offer and deliver propositions to people throughout the world, and make people enjoy and continue playing with them, so we think we have a great deal of possibilities ahead of us. I am not planning to announce any specific themes today, but to give you a hint, “non-wearable” does not necessarily mean it is something that will be used in the living room."

(http://gonintendo.com/?mode=viewstory&id=221588)


Probably some fitness (game) arcade machines they sell to fitness centres.
Something like this …
 http://promoteyournovel.com/wii/wp-content/uploads/2010/09/wii_fit_plus4.jpg
On an treadmill for instance.
That would make the most sense to me at least.