Following the company's earnings report, Nintendo announced that its "Quality of Life" initiative is on hold.
In a phone call with investors this week, Nintendo's CEO and President Tatsumi Kimishima revealed that its sleep-tracking device set to launch in early 2016 is on an indefinite hold. The device was first announced back in 2014 but was not demonstrated at the time. As translated by Wired, Kimishima said, "In regards to the Quality of Life [device], which was not mentioned in any of today's questions, we do not have the conviction that the sleep-and-fatigue-themed [device] can enter the phase of actually becoming a product." He added, "We no longer have any plans to release it by the end of March 2016. On the other hand, we still believe there are things we can do in the general category of Quality of Life, and we will continue to study the possibility of expanding into this field."
Many believe that Nintendo may have its hands full with its upcoming launches including the NX, Miitomo and Pokemon Go games, and the My Nintendo rewards service. This week, Nintendo outlined the launch of its Miitomo game for Android and iOS devices and the My Nintendo rewards program, both slated for March. The company also revealed its plans to launch approximately five smart device applications by the end of March 2017. The NX console is also expected to launch sometime this year, though Nintendo has not specified much on the highly-anticipated device at this time. More on Pokemon Go is expected to be revealed at GDC 2016.
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