Nintendo's President Satoru Iwata told investors this week that the company didn't show off very many first-party games at E3 because, essentially, they don't want other developers ripping them off.

“First, what we’ve shown at the E3 show are both the launch titles that will be released with Wii U hardware this holiday season and the launch window titles that will be released early next year or not long after the hardware launch," he said.

“We do have ideas of what kind of software we will be releasing after those two periods, and Mr. Miyamoto as well as I are both directly involved in the development process. Those include both our traditional franchises and of course new propositions as well.

“However, because we are now in the era when similar proposals can be made by the others just one year after we introduced a brand-new hardware system proposal, please understand that we really can’t say much about what else we are planning.”

Judging by the flood of motion controllers after the Wii's success, as well as the recent influx of dual-screen ideas (and before the Wii U has even launched, at that), their caution may be warranted in this case. It's just a shame we didn't get to see Zelda, Metroid or Star Fox games at E3 this year.

Do you think they have more up their sleeves, or are they bluffing to cover up their lack of core Wii U games? Let us know in the comments or on Twitter.

[via My Nintendo News]