Sega has announced the formation of Studio Yakuza who will be handling Yazuka 5, Black Panther 2 and the previously announced Binary Domain.
The studio head is Yakuza creator Toshihiro Nagoshi and following the launch of Binary Domain, the studio will focus on Black Panther 2 for PSP which has a launch period of Spring 2012 in Japan.
The development on Yakuza 5 is in its early stages still and there are no details available, but Nagoshi is holding a press conference to formally announce the creation of Yakuza Studio, and more information may be revealed then.
Yakuza 5 is unlikely to head to the Xbox 360 any time soon however.
“The basic style and mechanics is really an old game that started on PS2 and continued on PS3,” Nagoshi said, “Times keep changing, and if we started on some new games they would be in a very different shape – so the last game was the end of one particular era.”