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http://www.gamasutra.com/php-bin/news_index.php?story=14298

"Speaking in a new article by the Financial Times, Wada suggested that the Xbox 360 and PlayStation 3 were poorly suited to the current market and that handheld consoles would continue to dominate sales this year, as the demographics of consumers fundamentally alters following the success of the Nintendo DS and Wii."

"[...] these consoles[360,PS3] are mismatched to today’s environment. In a year or two years they will fare better."

He also discusses why they chose the DS for Dragon Quest IX. Interesting article.