As part of its 2011 financial report, Nintendo has officially confirmed that it's developing a new home console which is due to launch in 2012 and will be unveiled to the public at this year's E3 in June.
According to a note from the financial report, the console will be playable at E3 and Nintendo has promised to reveal specifications at the expo too, although no further info info on the system has been announced at this stage.
This means that previous rumours, including speculation of built-in HD touch-screens for the controllers, a new motion control scheme, and hardware to rival the PS3/Xbox 360, remain unsubstantiated.
At this point, all we've got to go on is a comment that Satoru Iwata, Nintendo's President made earlier today, which appears to rule out 3D technology similar to the company's recently released 3DS handheld.
“We would like to propose a new approach to home video game consoles [with the Wii successor],” Iwata said, according to Bloomberg. “It’s difficult to make 3D images a key feature, because 3D televisions haven’t obtained wide acceptance yet.”
Update: Satoru Iwata has confirmed in a press conference that the new console won't arrive within the current financial year, which effectively means it's due for release between April 1st 2012 and December 31st 2012 (Thanks, Andriasang).