Nintendo still doesn’t plan to release Mario, Zelda, or its other games on mobile

Touch-screen, free-to-play Pokémon. It sounds like a license to print money, but Nintendo doesn’t want anything to do with it.

Nintendo chief executive officer Satoru Iwata says that the gaming company isn’t ready to release its popular titles on smartphones and tablets yet. That’s despite the fact that its stock price fell 17 percent on the Tokyo Stock Exchange to 13,120 yen ($126) early this morning. Investors are bailing on the company after Nintendo revised its outlook from a full-year net profit of $530 million to a loss of $240 million late last week.