ByMatthew Bailey, writer at Creators.co
I'm an Ubisoft Fanatic. Watch_Dogs, Assassin's Creed, Ghost Recon and Splinter Cell - Those are my jams! -- Married, father of two boys.
Matthew Bailey

Not that long ago we were introduced to the idea that Nintendo would be bringing us a hybrid game console, codenamed the Nintendo NX. It was thought to be a home console that would double as a mobile, cloud-based handheld device that retained the power of a system like the Xbox One and PlayStation 4. It would be HUGE, to say the least if that turned out to be a reality, but recent news has surfaced that claims Nintendo is developing two systems to drop sometime in March of 2017.

NintendoNX, Meet The NintendoMH

Wait, what?! Two consoles, what are you thinking Nintendo? - That's probably the question you're asking, just like I've been asking myself all morning. Yet, if you think about it then it makes sense perfect sense, sort of. Nintendo has, really, one last chance to make a name for itself in the gaming market, considering that Sony and Microsoft are primed to take over Nintendo's market share if they can't come up with something to shift fans back to them with their next console. Nintendo has suffered over the last few years, and although they've remained true to what we always knew Nintendo was, it's time to make an all-or-nothing stand. If they can't come up with something that wows fans in a way that the Wii U failed to do. That's why I believe they're introducing both the 'NX' and the 'MH' in 2017.

So what does this mean?

Well, we don't really know; completely at least. But here are the current hunches:

As it was stated earlier when the rumors and leaks came out about the NX being a hybrid handheld/console - it could possibly be that the NX and the MH are counterparts of each other. With the NX being the home base station that is playable in and of itself, and the MH is the handheld component (Mobile Hardware) that can dock into the NX somehow.

Another possibility, which seems more plausible after reading the reports via the Yahoo Finance Page that states the following:

任天堂-三菱UFJMSが目標株価引き下げ 長期投資対象

 任天堂<7974>が続落。三菱UFJモルガン・スタンレー証券では、中期利益成長ストーリーの新けん引役を次世代ゲーム機に変更。長期投資対象として、投資判断「Overweight」を継続した。目標株価は34000円→32200円と引き下げた。

 為替前提の変更などで、今17.3期~20.3期予想を下方修正。中期の利益成長ストーリーの内容を変更。けん引役は、従来の「健康サービス、テーマパーク、モバイルゲーム」などの新規事業から、次世代ゲーム機「NX」や次世代携帯ゲーム機「MH(仮称)」に切り替えるとしたが、中期の成長シナリオは変更ないとした。

 今後予想される、NXとMHの全容発表による収益インパクトの新規の織り込みや、モバイルゲームの収益化に対する懐疑的な見方の払しょくが実現すれば、株価が大きく再評価される可能性が高く、長期投資を前提に、今がエントリータイミングと考えるとした。

Now, seeing as you probably don't read Japanese, here's a translation of the above (I'm going to cut to the good part about half way down)

The business, up until now, has focused on conventional practices (health services, theme parks, mobile games) but will shift over to the next generation game system (NX) and next generation portable game system (MH - tentative).

Considering that this source is a financial site, it should be taken with a grain of salt as it is far from a confirmation of Nintendo's future, but it would definitely match up with the idea that the NX and the MH are two distinct gaming options for Nintendo. It also lines up with what Nintendo's president, Tatsumi Kimishima, has said about the direction for Nintendo as a gaming company "[The NX] is a new way of playing games, which I think will have a larger impact than the Wii U."

This all means that the NX and the MH are set to diverge from what we have seen in past years from Nintendo in terms of just updating and re-packaging their previous systems.

When will we know more?

Nintendo has been incredibly quiet with the information regarding both the NX and the MH projects, but they claim that more information will be revealed soon. Considering that they are not planning to make any announcements at E3 this year about their projects, we'll likely hear something in the early fall.

But, what do you think? sound off in the comment section.

Poll

What would you want Nintendo to announce?