Nintendo has talked about Virtual Reality a number of times in the past, and they said they'll be watching the space to see what happens. That stance continues with a new enterprise called VRM Consortium.
Several companies in Japan have created a joint enterprise called “VRM Consortium,” which is aiming to develop the Virtual Reality business as it pertains to 3D avatars. The goal is to have the VRM file format become the standard for 3D human models in Virtual Reality.
Nintendo's connection to this project is that of an “Observer.” An Observer is a special status granted to a person or company who wants to take part in the activities of a certain organization, but without becoming a full member. Other companies involved in this enterprise include...
Unity Technologies Japan
IVR (virtual reality development company)
XVI (virtual reality development company)
Wright Flyer Live (GREE’s Virtual YouTuber company)
Showroom (livestreaming platform)
Mirrative (livestreaming platform)
Dwango (that Nintendo has a minority stake in)
S-Court (online game sales platform)
DUO (Virtual YouTuber and amusement development company)
Virtual Cast (VR distribution platform)
Cluster (virtual event platform developer)
Crypton Future Media