Making new ips, preferably action games rpgs or open world games. And getting third party support

2 years ago I would say to make a competitive next gen console specs wise

I beg to disagree. I thing It is rather different beefing up existing studios with new people and implementing them in the existing worflow and mindset, opposed to acquiring new studios with different portfolios, style and mindset.

They should focus all their efforts on become entirely self-sufficient, as it's blatanty clear 3rd parties won't ever support Nintendo in any meaningful way, at all, ever. So, expanding their development capabilities as much as they can, thus ensuring a steady stream of quality software, non-stop.

Price cut aligned with Mario Kart 8/3D Land launch. That's what they need to do.

While that seems to be the only way they could get ensure a steady sream of games to the console, wouldn't that make em too large and more less able to adapt to changes on the market?

money hatting is bad since you lose the next time when the money hatted wants to make a new game as they grow (what is the word for it? they keep on wanting more)

better to spend all that money on new studios or buy other studios that will remain there and keep on making them new games

They should throw their money at Kevin Butler.

Moneyhatting for Nintendo just doesn't work. Collaborations don't work. We're seeing it just now as i'm typing this.

They collaborate with NamcoBandai on SSBU. A huge project. One would think it improves relationships and NamcoBandai will bring their franchises to WiiU? NO! Where is Dark Souls 2? Where is Soul Calibur? Where is Ridge Racer? Where is the next Tales game? Where is the next Gundam? Not on WiiU, thats for sure.

They moneyhat Capcom for MH main series exclusivity. You'd think that constitute an improved relationship? NO! Where is Ultra SF4? The new Strider game? With all their other franchises the message is the same from Capcom: "We have no plans to bring this and that to WiiU".

They moneyhat SE for Dragon Quest main series exclusivity. You'd think that constitute to SE bringing their other franchises? NO! Where is Final Fantasy 15? Kingdom Hearts 3? Tomb Raider? They give us effin' mmo Dragon Quest. I dont give a flying F for mmo dragon quest while i'd kill for a traditional DQ ala DQ 7 and 8.

The same goes for Sega, Konami, and TecmoKoei. In Sega's case they have Sonic exclusivity. Does that bring Virtua Fighter, Yakusa, Phantasy Star Online 2 or any other franchise to WiiU? No.

These companies just cant be depended on AT ALL.

Therefore, number one and two alongside improved marketing would be the way to go.

Shouldn't they do a new Star Fox?

Seems like many people are asking for that one.

I don't know about that. But I think not expanding would be worse, especially with games nowadays taking more and more effort and budget to come together.