There's been a lot of chatter recently about Hideo Kojima's PHYSINT and the financial figures tied to its deal with Xbox. Chris Dring of The Game Business said on his podcast that Xbox's budget for Hideo Kojima's PHYSINT sits around $400 million. That number now appears to be disputed. Bloomberg's Jason Schreier says someone at Xbox with firsthand knowledge of the deal told him it was signed for "significantly less." Windows Central's Jez Corden says sources with direct knowledge of the contracts told him Xbox and Kojima Productions are working with a "fraction" of that figure. Dring has since said he has also been told Xbox is paying quite a bit less. Corden adds that $400 million is potentially what Sony and PlayStation were on the hook for before they canceled the deal.

Kojima said Sony dropped PHYSINT during a Zoom call and gave no reason, and Xbox then announced on September 9 that it would publish the game. Bloomberg's earlier report, citing PlayStation insiders, said the game was behind schedule and heading over budget, which Kojima Productions has since denied. Corden also says the Xbox deal includes movie and TV licenses for PHYSINT, plus enhanced terms for OD. There is no official figure from either company, and the game has no release date yet, although Xbox and Kojima Productions did reveal its cast and first poster at Tokyo Game Show. For now, readers should treat the $400 million figure as unlikely, and it may well belong to the earlier Sony deal.

It was announced in February 2026 that Evil Empire and Motion Twin, the indie studios behind the massively successful Dead Cell franchise, is working with Konami on Castlevania: Belmont's Curse. Ahead of the game's October 15 launch, Konami just announced in a Tokyo Game Show livestream that it would be releasing a demo for Castlevania: Belmont's Curse on October 1.

The demo will be available on all platforms on which the game is planned to launch—that is to say PC, PlayStation 5, Xbox Series X|S, and Nintendo Switch, and the demo will allow players buying the game on the same platform they played the demo on to keep their progress if they buy the full game. The demo will run at 60 FPS on PC and full-size consoles, but only 30 FPS on the Switch, and content and features will be restricted in the demo version. The full livestream with the demo details is available below (in Japanese).

Final Fantasy 7 Revelation may need around 200 GB of storage, according to game director Naoki Hamaguchi. Speaking to VGC at Tokyo Game Show 2026, he was asked whether the download would be larger than the two Blu-ray discs used for the previous games. Here's what he said:

"In a word, yes. Things are still getting worked out, but it's probably going to be around 200 GB of game. I understand there are a lot of opinions about this topic, but at the end of the day, the fact is we need to overcome the hardware to a certain extent.

One thing I want to say is, even though the game will not be on the full disc, in the position we're in, because discs may be dying out, or maybe staying, with Final Fantasy 7 Revelation, we definitely wanted to deliver some kind of physical product. That was really important to us. Trust me!"

Along with a slew of other new gaming mice from the likes of Pulsar, Teevolution has officially unveiled the upcoming Kira wireless gaming mouse, which looks to be a revival of the Logitech G303 shape. The Kira is slated to launch in Q1 2027, but no official release date has been shared yet.

The early pre-production unit shown off at the Tokyo Game Show, and shared by @jakeufps on X, appears to feature a few changes from the old G303 shape, like smaller side buttons with more distinct separation and smoother edges along the back tapered portion, but it closely follows the very niche shape that has a fan following but has not received a hardware update in almost five years.

During the recent Xbox showcase at the Tokyo Game Show, Netmarble Neo showed off new gameplay for Bloomwalker, an upcoming cozy crafting game that it has been working on for PC and consoles. No release date has yet been attached to the project, but the official Steam page and the Xbox showcase revealed a number of gameplay details for cozy gamers to look forward to. One of the most notable aspects of the game is its anime art style, which is reminiscent of that of Studio Ghibli, that ties in well with its positive take on the survival crafting genre, which sees players roam around the world of Luminoa in a walking house—like a cheerful solar-punk take on the Baba Yaga's chicken-legged house of European folklore—cleaning the land and restoring life.

Luminoa was once a land shared by people and the spirits of nature. But its sanctuaries have been ravaged by pollution, and the guardians who once protected them have succumbed to madness, becoming incarnations of that pollution. Even the little nature spirits known as higgledies are under threat. You arrive as a traveler with a rare purpose: to restore this fading world alongside your moving house.

At the Tokyo Game Show, Pulsar has shown off the X5, a new lightweight ergonomic gaming mouse that appears to be designed for gamers with large hands that still want something reasonably lightweight and usable as a daily driver in addition to fast-paced gaming use cases. The mouse shell itself features a right-hand-biased ergonomic mouse with a large thumb shelf and a mid-hump design that's slightly more aggressive than something like the Keychron M7 8K but not quite as aggressive as the Logitech MX Master 4.

Thanks to hands-on photos shared by @jakeufps on X, the Pulsar X5 will weigh around 62 g. He also confirmed that the mouse is on the large side, which has been corroborated by other influencers and journalists at the event, and that the X5 will have an open bottom design in order to reduce weight. The sides and top will still be solid, and the X5 will also feature an extra side-mounted thumb button in addition to the two standard back and forward buttons usually mounted on the side.

At the Tokyo Game Show, Kojima Productions and Xbox just both announced the cast and revealed a new poster for Physint, the upcoming action game that was almost squashed by Sony before finding its feet again at Xbox three months later. The pair confirmed that Physint would be led by Bill Skarsgård, with Charlee Fraser, Don Lee, and Minami Hamabe taking up supporting roles.

The poster, which is the game's first-ever poster, features Skarsgård and Fraser in a dramatic, almost noir- or political thriller-inspired pose, and notably includes the text "The next Cold War begins" at the bottom of the poster. We already know that Physint will be a stealth action game, so it's safe to assume that the mention of a Cold War implies that the game will involve espionage and political intrigue. Meanwhile, the cast's multinational origins—featuring actors with Swedish, Australian, South Korean, and Japanese heritage—suggests that the plot will take place at a global scale. So far no other details about the gameplay or plot have been confirmed or hinted at.

Fanatec today announced the ClubSport F1 Racing System, a new officially licensed Formula 1 direct drive wheel designed for PlayStation 5 consoles, PlayStation 4 consoles, and PC. The product will make its public debut at Tokyo Game Show 2026, where attendees will have the opportunity to try it ahead of its planned release.

The new ClubSport F1 Racing System succeeds the ClubSport Racing Wheel F1, extensively used by professional sim racers for training. The new system retains the ClubSport DD+ Wheel Base and introduces the exclusive ClubSport F1 V3 Steering Wheel.

PLAION REPLAI today confirmed that the worldwide release date for the NEOGEO AES+ range will move to Thursday 16th September 2027. This series of new products, which are being independently developed and published by PLAION REPLAI under license from SNK, will remain available for pre-order across retailers worldwide and on plaionreplai.com.

The decision to delay follows an extraordinary response to the announcement of the NEOGEO AES+ earlier this year. Demand from fans, collectors and retail partners has prompted PLAION REPLAI to expand manufacturing, increase investment in the platform and broaden its long-term software roadmap.

There have been a number of concerns around game subscription services, like Xbox Game Pass, not the least of them sustainability, but it seems as though those concerns have been misplaced. According to Xbox president, Sara Bond, in a recent interview with Game Watch at the Tokyo Game Show, Xbox Game Pass is profitable. A translation of a quote from the interview reads: "It's a profitable business, and more creators are participating in Xbox Game Pass," with Bond going on to say that the payments to creators—presumably developers—are increasing, suggesting that it is profitable for developers as well. She also mentions that the previous fiscal year saw Xbox Game Pass hit a record high sales figure of $5 billion.

These statements come not too long after concerns voiced by Shuhei Yoshida, former Sony Gaming head, who said that these subscription services could become risky for developers. The reasoning was that these services could have a stifling impact on innovation in gaming if gamers became too used to being able to play the latest AAA titles at launch for a low monthly price instead of taking risks and buying games outright. Bond, on the other hand, argues that Game Pass is one of the tools Microsoft and Xbox are leaning into, alongside both Xbox Cloud Game Streaming and the recent launch of the ASUS ROG Xbox Ally, in order to maintain a flexibility.

At the Tokyo Game Show, MSI presented a prototype graphics card that keeps the 12V-2×6 power connector hidden under its cooler, adopting a classic Project Zero design philosophy for a sleeker look. A brief video posted by a Japanese YouTuber captured the unit, showing the connector relocated from its usual side-facing location to the end of the PCB beneath the heatsink, allowing the power lead to be routed rearwards and exit behind a removable backplate. MSI appears to have lengthened the PCB slightly, so the plug points more naturally toward the motherboard tray and avoids a severe ninety-degree bend. A perforated pad covers the heatsink fins to prevent abrasion where the cable passes. There is a magnetic cover on top of the connector to hide the cable, which pops off with a slight use of force.

The prototype is built on a white Ventus 3X RTX 5070 Ti chassis; fitting the concealing backplate noticeably reduces the flow-through opening for the third fan compared with the stock Ventus design. MSI has not said if the hidden-connector layout will enter production or be applied across other product lines, and the company's official show materials did not include the card with the PCB, but rather only a cooler to showcase future connector placement. The concept would align with MSI's Project Zero ambitions, which already feature rear-mounted connectors on some motherboards and offer cases designed to hide cables. Adding graphics cards with concealed power plugs would complete the brand's "visually wireless" pitch and simplify in-case aesthetics for builders.

As previously leaked, Forza Horizon 6, the latest entry into Xbox Game Studios's racing sim franchise, has been officially announced at the Tokyo Game Show, alongside a short reveal trailer. The reveal and trailer confirms that Forza Horizon 6 will be a PC and Xbox timed exclusive, with a PlayStation 5 port confirmed for a later date. The port will be developed in conjunction with Turn 10 Studios. Horizon 6 is also confirmed to be launching on Steam alongside Xbox and the Microsoft Store, and there is already a Steam page where you can wishlist the game.

The trailer for Forza Horizon 6 doesn't give away much of the game's contents, but it shows off Mount Fuji and the Japanese countryside, implying that the game will feature races on some twisty mountain roads. The Steam Store page confirms that Horizon 6 will once again feature an open world, and the announcement article has hinted that exploration and scenery will once again be a large part of the game's allure.

Following its successful collaboration with HoYoverse in 2024, the leading manufacturer of cutting-edge PC components HYTE announced today it will continue to work together with HoYoverse on another collaboration product lineup themed after one of Honkai: Star Rail's most iconic characters, Firefly. In addition, Tokyo Game Show attendees can get their first look at the HYTE x Firefly collaboration lineup at Hall 9, 09-E34 starting today. To learn more about this new product lineup, which is now available for pre-order, please visit: https://hyte.co/firefly-pr

"It's an absolute honor to team up with HoYoverse once again on their hit title, Honkai: Star Rail, especially in developing products around the cherished character Firefly as the star IP," said King Perez, Marketing Executive Producer at HYTE. "As devoted players and fans ourselves, we sincerely hope the community adores the Official HYTE Firefly collection in all its detail!"

Today, Capcom kicked off Tokyo Game Show 2025 with a special online program featuring new trailers and updates for Onimusha: Way of the Sword, PRAGMATA, Monster Hunter Stories 3: Twisted Reflection, Mega Man Star Force Legacy Collection, Monster Hunter Wilds Title Update 3, C. Viper in Street Fighter 6, Phoenix Wright: Ace Attorney Trilogy, and more.

New Onimusha: Way of the Sword Trailer Sets the Stage for Musashi's Story
Today's broadcast debuted a new story trailer for Onimusha: Way of the Sword revealing the supernatural events that set the dark fantasy adventure into motion. The sneak peek also introduces new characters who play key roles in the swordplay action game's narrative.

As a global leader in gaming and high-performance computing, MSI will showcase its latest AI-powered product lineup at Tokyo Game Show (TGS) 2025. The portfolio spans gaming laptops, desktops, monitors, graphics cards, motherboards, components, and peripherals—delivering breakthroughs in performance, design, and cross-cultural innovation. Since its inception in 1996, Tokyo Game Show has become one of the world's most influential gaming events, serving as a vital stage for MSI to demonstrate its technological strength and brand value to a global audience. In 2025, MSI will highlight not only top-tier performance but also the fusion of technology and culture, exemplified by the Prestige 13 AI+ Ukiyo-e Edition and the MLG Series, showcasing the brand's innovative drive.

Sam Chern, Vice President of Marketing at MSI, stated: "As a leader in gaming and high-performance computing, MSI is dedicated to delivering cutting-edge technology to gamers. At this year's Tokyo Game Show, we are unveiling our new generation of AI-powered products while also paying tribute to Japanese culture—from the timeless artistry of Ukiyo-e to the MLG character universe. We want gamers to experience not just performance and design, but also the cultural connections that make each product unique. Every product showcased at TGS represents a chapter co-created with our global gaming community."

According to a new report out of Insider Gaming, the next installment in the Forza Horizon racing game franchise will be released at Tokyo Game Show 2025. The report cites leaked internal documentation that has been "widely circulated" suggesting that Microsoft's next Xbox Game Studios racing game will be launched at the end of September at the game show in Japan's capital. Posts on X, by notable gaming reporters, Tom Henderson and NatetheHate purport to corroborate these release date claims.

NatetheHate also goes as far as to suggest that there may not be a Switch version and confirm that Forza Horizon 6 will be set in Japan, mirroring the reveal locale. Previous speculation about Forza Horizon 5 points to technical limitations of the Switch hardware being behind Forza Horizon 5's lack of a Switch release, so the same may be true for the Switch 2. Forza Horizon 5 demands an NVIDIA GeForce GTX 1070 in its recommended specs—which was already five years old by the time the game launched—and if we extrapolate that to modern hardware, that would mean Forza Horizon 6 will likely recommend an RTX 2000- or 3000-series GPU, much like Borderlands 4. The Tokyo Game Show is slated to kick off on September 25 and run until September 28.

2024 was a year for Age of Empires and Age of Mythology players shaped by your passion, creativity, and epic moments. Thanks to your dedication, it's been an incredible year not just for the community, but for the franchise as a whole. Together, we've had an incredible year. We kicked things off with the New Year, New Age showcase, crowned champions at Red Bull Wololo: El Reinado, connected with many of you at Gamescom, and celebrated the launches of Age of Mythology: Retold and Age of Empires Mobile. Along the way, we expanded the franchise in new ways and welcomed over 10 million new players—reaching an incredible milestone of 60 million Age of Empires players worldwide. Our players continue to influence the many ways in which the franchise moves forward. Today we're thrilled to start 2025 by unveiling what's ahead. Settle in, because we've got a lot to share!

Immortal Pillars Expansion Launches March 4, Pre-Order Now
For Age of Mythology: Retold players, the wait is almost over! After revealing the Immortal Pillars expansion for Age of Mythology: Retold at Tokyo Game Show, we're excited to announce it will launch on March 4th—and pre-orders are live now! Packed with brand-new content, this expansion introduces the Chinese pantheon, alongside stunning new maps, myth units, and gameplay features. Check out some highlights of all the exciting content here! As a reminder, if you already own the Age of Mythology: Retold Premium Edition, Immortal Pillars is yours at no additional cost—jump in and play on day one!

Digital Extremes's free-to-play third-person looter-shooter, Warframe, has changed radically over the years, serving as something of a golden example of how to do live-service games. The developer also shows no sign of slowing that progress, with the game's upcoming Warframe 1999 and Koumei & the Five Fates updates looking to introduce a slew of new content and gameplay updates. While both updates were previously announced, Digital Extremes revealed additional details about the rollout of the updates and their content at the Tokyo Game Show.

For starters, Digital Extremes announced that Warframe 1999—the 90s- and cyberpunk-themed story update—will be getting a playable demo on October 16, with an in-game cosmetic reward for players that try out the demo, to boot. The Koumei & the Five Fates update is slated to land on October 2 and deliver a new playable Warframe, Koumei, and a new Shrine Defense game mode with enemies inspired by Japanese folklore. There are also quality-of-life changes, new weapons, and weapon and Warframe mods coming in the same update, and an old Warframe will get a drastic rework and be available as a free login reward between October 3 and 16.

Ubisoft and the Assassin's Creed game franchise have had a bit of a rough time of late, with recent installments to the franchise largely having received a lukewarm or even negative reception. Now, just two months ahead of the official launch of Assassin's Creed Shadows—which is slated to revive much of the allure of some of the older Assassin's Creed games—Ubisoft is reportedly pulling out of the Tokyo Game Show and cancelling early media previews of the game.

Ubisoft Japan broke the news via a post to the company's official X account, although it doesn't reveal why it cancelled the September 26 broadcast, citing only "various circumstances" for the cancelled appearance. Alongside the cancelled Tokyo Game Show showcase, Ubisoft has also reportedly cancelled the subsequent Assassin's Creed press previews, which were scheduled for next week. The cancellation of both of these events has led fans to speculate about potential launch delays for the next Assassin's Creed game.

Capcom Co., Ltd. (Capcom) today announced that Monster Hunter Wilds will be released on February 28, 2025. Monster Hunter Wilds is the latest title in the Monster Hunter series and is set in a dynamically changing world that is in one moment a severe wilderness, swarming with packs of attacking monsters, and in the next transforms into a rich natural environment teeming with life. Working toward its upcoming release, Capcom is developing the game with the aim of delivering an experience that satisfies both long-time fans of the series and newcomers alike.

Monster Hunter Wilds features beautiful visuals on a grand scale made possible by Capcom's proprietary game development engine, the RE ENGINE, as well as cross-play, allowing players to enjoy the game together regardless of their game platform. In addition, Capcom will exhibit the first playable demo of the game in Japan at Tokyo Game Show 2024, which begins September 26. More than 150 playable demo stations in total will be available at the Capcom and PlayStation booths, the largest number of such in the Monster Hunter series' history at the show.

Haruhiro Tsujimoto, Capcom's chief operating officer, spoke to Bloomberg during last week's Tokyo Game Show. The discussion touched upon several subject matters, but the key takeaway was his refusal to accept any outside bid for complete ownership of Capcom's development and publishing arms. Sony and Microsoft have been hoovering up studios over the past three years, but the COO stated that any approach or bid for Capcom would be "gracefully declined." Tsujimoto was presented with a hypothetical situation: "How would Capcom respond to an acquisition offer from Microsoft?" A continuation of their existing relationship was his preference going forward: "I believe it would be better if we were equal partners."

He revealed that offers were made in the past: "There was a time (when) we were a target." Capcom desires internal "organic growth," rather than rapid expansion through acquisitions. It will occasionally rely on the third parties to develop games: "I also believe we can utilize external partners...but we have no intention of acquiring companies." Returning to the subject of growth—Capcom has not yet implemented a major price hike for its AAA titles, unlike other (rival) publishers—gamers are now paying up to $70 for (base/standard edition) big-budget interactive experiences on the latest-gen consoles and PCs. The house of Resident Evil and Street Fighter is seemingly ready to follow suit—as reported by Nikkei; Tsujimoto-san stated: "Development costs now are about 100 times more than they were during the Famicom era, but software prices haven't gone up to that extent...There's also a need to raise wages in order to attract talent. Seeing as wages are rising in the industry as a whole, I think raising unit prices is a healthy business model."

MSI, the global leading gaming brand, will participate in the Tokyo Game Show 2023 (TGS 2023) during Sept. 21st to 24th, held at the Makuhari Messe in Chiba, Japan. This year's TGS marks the full return of physical exhibitions and the removal of age restrictions for entry, providing exhibitors with more space to showcase their latest games and products. Players under the age of 12 can freely enter the venue, attracting more families to visit. Additionally, this year's TGS VR will have a game island theme, and after downloading the app, players can enter for free using a computer, VR equipment, or smartphones. This allows players who cannot attend in person to enjoy this immersive gaming event through virtual reality technology.

"As a global leader in gaming, MSI has always maintained close communication and interaction with fans and gamers. The full return of Tokyo Game Show 2023 provides us with a great opportunity to showcase our powerful product lineup and cutting-edge technology, delivering luxurious gaming experience to all gamers," said Sam Chern, MSI Marketing Vice President.