Nintendo Co., the world's biggest maker of video game machines, plans to revive demand for its Wii U through the release of its own new titles as sales of the console failed to meet forecasts amid a lack of software.

Building sales momentum will also make it more appealing for other studios to produce content, President Satoru Iwata told the firm's annual shareholders' meeting Thursday, according to an emailed statement.

There is no plan to cut jobs, the Kyoto-based company said.