Nintendo President Satoru Iwata isn’t afraid of a possible Xbox 360 motion-sensing remote. After all, his company just had its greatest revenue increase ever and has completely dominated the gaming market.

He’s aware of the rumor that appeared last month and he’s even seen the fan Photoshop images of the 360 buttons on the Nintendo Wii-mote. But Iwata says it’s hard to make good games for such a device.

"All I can say today is, it is not that easy to develop software which leverages the characteristics of the Wii Remote," he said as part of a lengthy Q&A briefing following the release of the fiscal results.

Iwata continued by saying Nintendo isn’t worried about what its competitors do, but rather how they can continue to improve gaming experiences.

"We are not concerned about what other companies may do but rather more concerned with presenting them with new ideas to our customers based on the prospect that our existing customers will surely get tired of the plays enabled by Wii Remote if we do not try to improve the experience."

Thanks to MCV for the tip.