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Company to instead focus on hosting smaller events to showcase new titles. 
Nintendo will not be doing a presentation at E3 2013, company president Satoru Iwata said during a financial results briefing today.
The company plans on hosting smaller events to showcase its new titles and updates instead of doing a large-scale presentation. For this year's E3, the company will be holding a closed event for American distributors and another closed hands-on event for the Western gaming media. Iwata will not be speaking at either event.
Iwata mentioned that the company was finding new ways to give information about its games directly to the home audience around the period of E3 2013. "During the E3 period, we will utilize our direct communication tools, such as Nintendo Direct, to deliver information to our Japanese audience £ and we will take the same approach outside Japan for the overseas fans as well," he said.
The company will be showcasing upcoming Wii U titles slated for this year during this year's E3; it will not be announcing new hardware. For more information on Nintendo's plans on making the Wii U profitable, check out GameSpot's coverage.
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