Nintendo will release a new 2D side-scrolling Super Mario title for 3DS in the next financial year, president Satoru Iwata has announced.

Speaking to investors about the upcoming titles for the console, Iwata said:

Although there is no logo here, we are planning to release a totally new side-scrolling action Super Mario in 2D as a key title for the Nintendo 3DS in the next fiscal year.

Will this be a New Super Mario Bros.-style title or something different? We'll find out at E3.

[source nintendo.co.jp]