With Iwata's passing, Miyamoto is acting as co-CEO with Takeda. Naturally, this could make Miyamoto a much more busy man -- meaning he wouldn't have as much time to focus on Star Fox -- meaning the game could ultimately be delayed. He's also already deeply involved with the theme park @ Universal.
Personally, I'd like to see Nintendo take the task of appointing a new CEO carefully -- but I also would like SF: Zero hit before Christmas.
We may yet see Hashimoto from Platinum completely take over directing Star Fox Zero -- which wouldn't be so bad as he was the director for Bayonetta 2.
I predict NX launches in 2017 - not 2016