Racking up larger-than-expected quarterly operating losses thanks to the overall less than stellar, yet rising sales of its next-generation home console platform, the Wii U game, Nintendo’s overall Q2 2013 results have prompted Nintendo President and CEO Saturo Iwata to acknowledge these findings as disappointing, but apparently not disappointing enough to set an overhaul in motion.

Making a an appearance at a Wednesday news conference in Osaka to explain the company’s earnings, Mr. Iwata stated that the success of Nintendo’s newest console and the future direction of the firm were riding on the performance of a slew of new games releasing during this upcoming holiday sales season so yes, this means that while Nintendo has a lot of money in bank, they don\’t have enough money let the Wii U continue selling the way it is now. Mr. Iwata continued on stating that once those results were in, the company executives would review them to decide “what the company needs to do, over the long-term, about its platform.”

The man did not expound further on alternatives, though he noted his lack of belief of a necessary major strategic overhaul.

Mr. Iwata’s statement underscores the tremendous pressure the world’s largest videogame company is under, as the videogame industry moves increasingly to a model where accessing games on mobile devices is seamless and cheap, at least currently.

While the Wii U’s struggle more clearly to gaming enthusiasts, like myself, seems to have to do with Nintendo’s fumble of the Wii U’s launch window, incurring a half-year games drought, Investors and analysts insist the company’s problem has more to do with their flagship franchises, such as “Super Mario,” “Pokémon” and “Zelda” not being more widely available, being able to be accessed on mobile platforms. Some investors say releasing Nintendo’s formidable content on mobile apps could double or even triple Nintendo’s share price, but Nintendo has consistently make contentions arguing otherwise, such as his statements concluding that doing so could mean the death of the company, which relies on the lure of its games to convince players to buy its hardware. On Wednesday, Mr. Iwata’s stance appeared to have loosened, though he still maintained that the company’s fortunes could turn around with upcoming releases of key titles such as Super Mario 3D World, Wii Party U, and Wii Fit U and if those 2013 titles don\’t fully seal the deal, Nintendo is still looking at Mario Kart 8 and Super Smash Bros. for Wii U complete the job.

“One game has the power to change everything,” Mr. Iwata said, smiling often during the meeting with reporters, which lasted almost an hour beyond the initially scheduled 30 minutes. “Are we satisfied with these sales results? No. Is it impossible to recover from this? No.”

Nintendo is not only facing a struggle with the increasing interest in mobile gaming, as the company also faces added pressure from other next-generation consoles being rolled out by Sony Corp. and Microsoft Corp. in November.

Mr. Iwata, who has said he is committed to the operating-profit target, put on a brave face, telling reporters that that target was still achievable. Nintendo also kept its full-year sales forecast for Wii U consoles at 9 million units.

Rejecting smartphones and tablets, Nintendo has argued that its success is based on its ability to build its own hardware and provide a gaming experience unavailable on other platforms. The company says that sharing that experience on smartphones may erase the company’s unique edge, discourage people from buying Nintendo devices, and kill its game franchises.