Link's second Nintendo 64 adventure hits the 3DS in Spring 2015.
Nintendo started off Wednesday's direct with a trailer announcing a Nintendo 3DS remake of The Legend of Zelda: Majora's Mask.
Iwata added that the game has been streamlined for the platform and updated to improve approachability.
A special edition was announced for Europe, which will include a pin, steelbook case and double-sided poster.
Majora's Mask 3D will be released in spring 2015.