Ex-Team Ninja boss Tomonobu Itagaki and a new company built of producers and directors from the disbanded unit are at work on a new Xbox 360 game, according to this 1UP interview.
Itagaki told the site it’s “too early” to show the title at E3 next week, but he will be in LA for the event.
Full thing through there. There’s not much detail, unfortunately. Thanks, Blerk.