Nintendo president Satoru Iwata has explained why the Wii U will be a success in Nintendo’s annual financial report. Iwata says that deeper experiences and unique multiplayer modes will establish Wii U as the must-have console for gamers.

“We plan to release the Wii U system, the successor of Wii, in the year-end sales season of 2012.”

“Wii U has a new controller named the Wii U GamePad with a 6.2 inch touchscreen. With the combination of the Wii U GamePad and a TV screen, players can enjoy gameplay that takes advantage of two screens whose positional relationship is not fixed.”

“Also, for multi-player games, Wii U makes asymmetric gameplay possible, which means the role of a player using the Wii U GamePad is different from the other players using the conventional Wii Remote controllers.”

“In this way, we will propose deeper game experiences and new entertainment that people have never had the opportunity to enjoy before.”