Nintendo of America put a lot of effort to censor a cleavage in Tokyo Mirage Sessions #FE

[Volterra_90]

outlawauron said:

Volterra_90 said:

"Regulations in the many different territories Nintendo distributes its products.”

I don't know in which part exactly do you read that these are regulations BY Nintendo, and not regulations by the different countries. But suit yourself. I think it's clear that they mean the different rating regulations in different countries. Not internal Nintendo regulations. 

Because we have actual evidence that Atlus has and will release games that show a character's cleavage  or a swimsuit in all territories.

Yep, and actual evidence of Atlus censoring games in not-Nintendo consoles. Did you hear about Dungeon Travellers 2? It was released on PSVita. It was censored by Atlus. But, yeah, it's Nintendo.