You may not be able to believe this, but even when Nintendo has completed a hardware, it does not mean that we will surely launch it. From the initial concept building phase, it normally takes two to three years in order to develop a hardware. So, as soon as a new hardware is completed and introduced to the market, a team is established within the company which starts reviewing what the next hardware will be. Following a completion of a new hardware development, if the company determines that it will be better to continue with the sales of the existing hardware on the market after reviewing the circumstance comprehensively, it can no longer be used as it is in the future because that new hardware was optimized to be launched at that time. Some of the ideas may be used again in a new hardware. However, at the very least, we have had certain custom chips completed that ended up being unused, and it can happen again in the future.
So, Nintendo has always been prepared for the launch of new hardware. However, that hardware is not needed until the time our software developers see the end in making new software with the existing hardware, or unless we have no more new market to explore and all the potential consumers have purchased our hardware. The ordinary technology-driven companies would write the technology road map to anticipate what kind of technology will emerge in the future in order to determine a new hardware launch timing based mainly upon the convenience of hardware developers. In Nintendo's case, however, the more decisive factor is when the software developers will start demanding for new hardware as they cannot create any more software with surprise factors with the existing one. Nintendo has always been making the hardware in order to prepare for that day to come.
Accordingly, we have not been working with such a mindset of "what to do in the next few years." However, when we observe today's situation, I have the impression that the cycle for this time appears to be a bit longer than in the past. I also have the impression that an increasing number of those who used to believe in the past platform cycles are starting to say that the shift to the newer generations may take place a bit later than previously believed.