During the Q&A of Nintendo's latest financial results briefing, Nintendo President Shuntaro Furukawa acknowledged the balancing act shifting from one generation to another - mentioning how the Japanese firm would like to continue releasing new titles on the original system, but also noting how "crucial" exclusives are when it comes to new hardware.

Nintendo gave gamers a sneak peek at the Switch 2, but little else. Here's what the teaser video confirmed, plus the rumors still swirling around the upcoming console.

Per machine translation, Furakawa explains that because so many people play on the Switch, the company wants to release software for it, but he reassures fans that other big games will only be playable on the console's successor. "On the other hand, dedicated software is very important when launching new hardware," he adds.

Following the release of its financial results on Tuesday, Nintendo president Shuntaro Furukawa answered a series of questions from investors. Among those questions was one about the future of software on the Switch after the Switch 2 arrives. You can read Furukawa’s answer below (as translated by Nintendo Everything ):

It now seems all those online folk speculating about the Switch 2 JoyCons were absolutely correct. A newly revealed patent from spells out what is going on underneath the new, larger sequel Switch controllers,

Pretty much every major rumor about the Switch 2 turned out to be true so far. And now a new Nintendo has confirmed another exciting one.

Switch 2 price rumors got you down? Well, Nintendo's President has confirmed they're considering the company rep for offering 'affordable prices' in mind.

Nintendo's president Shuntaro Furukawa has surprisingly confirmed a rumour that was flying around about the Switch 2 console. Dataminers have been tracking down shipping information from one of Nintendo's manufacturing partners over the past year or so,

There is no official price for the Nintendo Switch 2, but they have vowed to make it as affordable as possible.