While Nintendo remains a formidable force in the game industry, the company has seen better days, recently posting a net loss in its business and trying to figure out its next move with the Wii U, and whether a renaming of the system is necessary or not. That said, Nintendo president Satoru Iwata remained confident in the future of the company business, and (finally) introduced a dedicated gaming network coming soon from the company, one that should offer simplicity to those picking up a Nintendo 3DS or, later this year, a Wii U.