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Versus_Evil said:
Id wager Pikimin 4 is close to done and will release this year.

Myamoto said it was close to completion in September 2015. Unless they ran into massive developement trouble that game must be finished by now. In fact it was probably finished about a year ago and the Team is working on a 2D Mario/Super Mario Maker Switch port or possibly both by now.

All they released since SMM (also Sep 2015) is the SMM 2DS port and that team is big enough to work on two projects concurrently. My guess is that part of the Team is working on a new Project, either a 2D Mario or a new Myamoto IP and the other is working on SMM switch port, with Pikmin 4 finished on some shelf, waiting for release (or possibly localization).