In an interview with Time magazine, Nintendo President Tatsumi Kimishima shared many details regarding the current situation, as well as what the company would hope to achieve in the future.

In the interview he went over the future of the Wii U, reiterating that the company would continue to develop software for the console after the launch of the NX.

He also claims that the NX is a departure from both the Wii and Wii U, instead something completely different that will appeal to their user base.

At the end of the interview, he went to clarify the current of his presidency, and went on record saying that he will not be a “one-year president.” Many speculated that would be the case after the untimely death of Satoru Iwata.

From the interview:

I know that everyone is interested in how long I will be around[…]I really want to say that all the initiatives I’ve discussed with you, these are on me, these are my responsibility and I have every intention of seeing these to fruition.
Also, something I think that maybe was misunderstood previously was, there was talk about me being around for one year. What that was, is the board of directors, as a member of the board, the term is for one year. And at the next shareholders meeting we have to be reconfirmed as board members. That happens on a yearly basis, but there was never any meaning that I would only be president for one year in that conversation.
What I really want to do is work with the young and talented staff members that we have at Nintendo, and continue to nurture and grow them, so that they can express their creativity, but also so they can take on some of those management roles and become the leaders we need to take the company into the future.

You can read the interview in its entirety right here.