Square Enix have announced a new RPG, currently known as Project Prelude Rune [official site], and a new Japanese studio to make it called Studio Istolia. The studio is being led by Hideo Baba, who previously worked at Namco Bandai on the Tales series. There are only a few details so far and a few pieces of concept art, which you can see below.
Project Prelude Rune
2 years ago