Iwata recently has brought new light on when consumers can expect to get their hands on their upcoming console, the Wii U. Nintendo plans to show the final format at E3 and then later in Tokyo.

We are planning to showcase the final format and discuss the details at E3 2012, which will be held in Los Angeles in the United States in June this year.

Also, soon after the E3 show, we would like to organize an opportunity in Tokyo where we can showcase the same to the Japanese wholesalers and financial analysts who cannot attend the E3 show.

Iwata also went to say that the console will be released by the end of the year.

As for the launch timing, we have so far stated that it shall be sometime between the E3 show and the end of this calendar year, and…

Today, I’d like to confirm that we will launch the Wii U in Japan, the U.S., Europe and Australia in time for the year-end sales season.

Along with these announcements they have decided to include NFC (Near Field Communication) in the new Wii U controller.

By installing this functionality, it will become possible to create cards and figurines that can electronically read and write data via noncontact NFC and to expand the new play format in the video game world. Adoption of this functionality will enable various other possibilities such as using it as a means of making micropayments.

Sources: GoNintendo, GoNintendo

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