Sega filed a trademark for Shenmue III – yes Shenmue III – in Europe. The trademark was registered on November 25 by Sega Japan.
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That probably means Sega is working on Shenmue III. Sega isn’t like Namco Bandai who registers dozens of trademarks everyday. The last trademark Sega registered was for Sonic Lost World which was filed in May. The same attorneys, R.G.C. Jenkins & Co, handled both trademarks. Side by side comparison below:
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