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Nintendo Japan confirmed earlier tonight that their new console is underway, and will be released in 2012, just a year off! This announcement comes from a press release from the official Nintendo Japan website.

“Nintendo Co. Ltd. has decided to launch in 2012 a system to succeed Wii, which the company has sold 86.01 million units on a consolidated shipment basis between its launch in 2006 and the end of March 2011.

We will show a playable model of the new system and announce more specifications at the E3 Expo, which will be held  June 7-9, 2011 in Los Angeles.”

No additional details about the console have been released at this point in time, but E3 isn’t too far off. It’s great to have confirmation from Nintendo that this console is underway, and even greater that we’ll be able to learn more information in June. Are you guys looking forward to this console already? Leave us a comment!

Source: IGN, Wii HD Rumors