At its first shareholder's meeting for the fiscal year, Nintendo

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Per reports from Twitter (as translated by Cheesemeister ), Shigeru Miyamoto said the company was "researching VR" so it has "the core technology.""Long play sessions are an issue," Miyamoto reportedly said. "We want to release something that can be played for long periods, carries value, and is affordable. We want parents to feel at ease."VR functionality is but one of many rumors around Nintendo's new console, the NX, which has a release window of March, 2017. We currently know very little about the machine, and it was absent from E3. Miyamoto claimed this was to "avoid imitators"Nintendo remains tight-lipped on details regarding it's next gaming platform. "Normally we would've shown the NX at E3" he said, "but we didn't. We're worried about imitators if we release info too early."

Lucy O'Brien is an editor at IGN’s Sydney office. Follow her ramblings on Twitter.