Pikmin 3 “well under way,” Miyamoto says

Talking before receiving his BAFTA Fellowship today, the highest honor the British Academy of Film and Television Arts can bestow to an individual for their creative work, Nintendo man Shigeru Miyamoto was caught saying that development on Pikmin 3 is “well under way.”

The last time we heard about the game was well over a year ago, back in October of 2008. With the timing of things, we can only hope and assume that a first look will be given at this year’s E3 in June.