A Japanese financial report seems to point to a new Nintendo

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Pointed out on NeoGAF , a business analysts at Mitsubishi UFJ Morgan Stanley summary (syndicated by Yahoo Japan finance ) on Nintendo's current business practices claims to out the existence of the new hardware. The translation reads:"The driving force up until now has been new business from "health services, theme parks and mobile games etc", but will switch over to the next generation game system (NX) and next-gen handheld game device (MH (temporary name))."The MH has not been mentioned previously, but one of the many rumours about NX has been that it will launch as a portable and home console . Nintendo outed the existence of NX in back in March 2015 , when the Japanese game maker announced it would develop smartphone games using its beloved characters and IP Nintendo has been hinting what NX could be for the past year, with president Tatsumi Kimishima saying " The NX is neither the successor to the Wii U nor to the 3DS ." Morgan Stanley's summary is the first mention of a dedicated handheld device, but it's unclear whether the codename presented in the report, or the project itself, is real.Nintendo will release the Nintendo NX in March 2017 , but it will not be discussing the new console at E3 2016.IGN has reached out to Nintendo for comment.Editor's Note: This article has been edited for clarity and context.

Joe Skrebels is IGN's UK News Editor, and he'd be totally cool with the MH being a console specifically just for playing Monster Hunter games. Follow him on Twitter