It looks like Koei Tecmo the company behind games Ninja Gaiden, Nioh and Wo Long: Fallen Dynasty, is gearing up for something big, as the studio is opening a new studio this April that will be developing a new AAA title.

Heading this new studio will be Hayashi Yosuke , who has worked on series such as Ninja Gaiden, Nioh, and Dead or Alive. Hayashi, who was already acting as the entertainment division manager and Executive Vice President of Koei Tecmo, will step down from his position as division manager. Starting April 1, he will be in charge of the AAA studio while also serving as EVP, and as a member of the entertainment division.

As for the project, there’s not much known about it, aside from the confirmation that it will be a new IP, and will be developed in-house, though separate from Koei Tecmo’s Team Ninja division.

Aside from Nioh and Wo Long, Team Ninja has recently released Rise of the Ronin on the PS5 on March 22.

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Thanks, denfaminicogamer!