Square Enix unveils Tokyo RPG Factory studio and Project Setsuna, its first game

Square Enix had one of the biggest surprises this morning at the Electronic Entertainment Expo tradeshow — a new role-playing game studio and Japanese RPG for consoles.

During today’s E3 press conference, the legendary Japanese publisher announced the formation of a new development house, Tokyo RPG Factory. The group will focus primarily on JRPG titles, with their first, Project Setsuna, aiming for consoles in 2016.