Tecmo Koei has announced Ninja Gaiden 3 at a closed door event to the press, and the game is so early in development that the developers had only concept arts to show. Although they did point out that the Ninja Gaiden 3 will be telling a more personal story of lead protagonist Ryu Hayabusa. Only the blood-soaked concept image has been revealed so far.
Tecmo Koei is yet to announce details regarding the platforms on which the game will be released.
via Joystiq