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Soundwave on 05 July 2014
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JEMC said:
foxtail said:
noname2200 said:

The sense I got was that they were going to cut back on expenses. So no more expansion, and less R&D costs?

They are expected to spend less on R&D in the coming year, last year's expenses were the highest it's ever been.  

Research and Development expenses from latest financials -FY 2013 (ended March 2014)- below:

Year ended March 31, 2013 Year ended March 31, 2014 Year ending March 31, 2015(Forecast)
53,483 million yen 71,736 million yen 57,000 million yen

R&D expenses were around 53,000m yen a year from 2011-2013.  So they want to return close to that 2011-13 level of spending.

I guess that will put an end to the hopes (to call it something) that some had of Nintendo launching a new console in 2016.

Hard to gauge anything from that really, since YE March 2013 should be the highest since that's where the Wii U launched, yet it's lower than the following two years. 

I think Wii U is probably Nintendo's last "traditional" home console in a lot of ways any how. They will simply just make one handheld platform with a way to play that on the TV as a side functionality going forward I think and then branch off into the Quality of Life, licensing (movies, merchandising, etc.),  and the toy biz (amiibo) in the future as their alternate business pillars.