Official translation here>
Coming from Iwata...
"At this years E3 we will not be announcing a new hardware system, so E3's primary mission will be to have [press, analysts] experience our software. Many people would like to know more about the titles for Wii U that will be announced. We will use the timing of E3 to focus on providing details about our Wii U titles for release this year, and intend to create opportunities for guests to the conference to experience them immediately. We will attempt to use this year's E3 to make announcements in a new way that we have not tried before.
Unlike previous years, we will not have a large-scale [E3] presentation directed to everyone in the world. Instead, we are planning several smaller events focusing on software for America. Among these hands-on events will be one for American distributors and another for western media."
Wow, talk about a major surprise for E3, and not the kind we wanted to see. I'm not sure I 100% believe this yet. We'll have to get comment from Nintendo.