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Iwata said :

“It will become important for us to accurately take advantage of what we have done with the Wii U architecture,”
“It of course does not mean that we are going to use exactly the same architecture as Wii U, but we are going to create a system that can absorb the Wii U architecture adequately. "

I think he would to speak about streaming gaming and ARM integrate in cpu...

"When this happens, home consoles and handheld devices will no longer be completely different, and they will become like brothers in a family of systems.”

Iwata is speaking about 2 consoles...

So that could be a home console with a ARM integrate in cpu for read handheld devices games.... And handheld devices could receive streaming from home console, so we can play home console games on handheld devices