I've applied what most here would call "outrageously obscene and downright foolish" amounts of Osmocote to most of the species of pine that I grow. Multiple species ranging from the strobus subgenus, to contorta, to mugo / scots, to japanese black pine, ,etc, etc.
In these foolish experiments, I haven't seen a reduction in flowers at all. Actually, if anything, I think it might actually have increased my rate of pine flowering. Some of the most bat-shit ridiculous flower displays I've ever seen, on white pine in particular, have been in cases where I have used fertilizer doses well in excess of recommended amounts. I got "fractal cathedrals of flowering". Pines have a distinct habit of making hay while the sun is shining and when there is an opportunity for expansion and recruitment.
I think worrying about flowering is putting the cart before the horse and similar to worrying about long needles in early development. If you have too much vigor, you might be very far away from refinement anyway, so use that vigor to build a ramified canopy and a ramified root system while you still have the opportunity to do so.