Shigeru Miyamoto confirmed the news with IGN. The new game isn't just a direct port of the 3DS launch title, though - it's going multiplayer.
"There is something we’re doing with the Steel Diver idea that I think is going to open things up with that game. It’s going to be very fun," the designer said.
"We’re exploring from a perspective of where we can take that from a multiplayer standpoint - it's going to have this four-player battle mode that I think is going to be very interesting."
Nintendo hasn't yet decided how exactly the game will be monetised; Miyamoto said both microtransactions and memberships are being considered, and that the game will eventually also be available at retail. Before a decision is made, Miyamoto wants to investigate how the monetisation will affect the game's fun value.
"It's something that we're hoping to be able to show relatively soon," he added.