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The first Yokai Watch was going to be on home consoles back in 2011 when it was shown so it´s not a crazy idea. But I think the IP is going to stay with Nintendo :)
Yokai Watch 3 keeps selling and with the release of the "Selects" version on july it will mantain its legs so I would not consider it a flop.
If the IP launches on another console not related to Nintendo I would totally buy that console, I love Yokai Watch