E3 2015: Square Enix Opens New Studio for New IP
Square Enix announced today at their E3 press conference that they are developing a new IP, and have actually started a whole new studio to develop it.
Tokyo RPG Factory has been started with a focus making, as the name suggests, JRPGs. Square Enix built itself off of JRPGs but have since expanded beyond them, so they want to go back to their roots. The new IP, currently codenamed Project Setsuna, is a billed as a classic JRPG, but that’s about all we know.