Back in July of 2010, Cave announced Red Katana, their next major bullet hell shooter. That game is now coming to the Xbox 360 in widescreen format with new stages and a new game system as Shin Red Katana.
Cave announced the game this weekend in Japan at a press conference where they unveiled a bunch of new titles. Red Katana is slated to release on May 26th for 6,800 yen. A limited edition will also be available for 8,800 yen.