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By Louise Blain published 24 May 2016

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Financal reports must be the bane of Nintendo's life. In a report released today in Traders.co.jp not only is the NX mentioned but also a 'new generation handheld' apparently called the MH. "The driving force for economic growth has been switched from previous new businesses like "Health service, Theme park & Mobile games" to the next generation game console NX and next generation portable game console MH (Tentative title)," says a translation from BlackKite.

So the new gen handheld cat is out of the bag? Well apparently it's not that simple. Industry analyst Dr Serkan Toto - who you might remember from last week's Resi  7 rumours - has weighed in on Twitter, saying that this might not be as clean cut as it seems. He says this is just picturing a scenario. 

1) That Morgan Stanley Japan note on Nintendo does NOT mean a portable console or the name "MH" is confirmed. They are picturing a scenario.May 24, 2016

2) Such "rich" forward-looking analysis and also the wording is standard in investor notes. I know because I read *tons* of them ;).May 24, 2016

This all, of course, conjecture, and previous NX rumours have always suggested a more portable part of the system to promote play away from the traditional console environment. The MH could be that but given the fact that Nintendo has so much invested in the 3DS family, it would seem strange for that not to co-exist with its new online family. So yes, take a few handfuls of salt with all of this and hopefully everything will become clearer later in the year. 

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Louise Blain
Louise Blain
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Louise Blain is a journalist and broadcaster specialising in gaming, technology, and entertainment. She is the presenter of BBC Radio 3’s monthly Sound of Gaming show and has a weekly consumer tech slot on BBC Radio Scotland. She can also be found on BBC Radio 4, BBC Five Live, Netflix UK's YouTube Channel, and on The Evolution of Horror podcast. As well as her work on GamesRadar, Louise writes for NME, T3, and TechRadar. When she’s not working, you can probably find her watching horror movies or playing an Assassin’s Creed game and getting distracted by Photo Mode.

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