Namco Bandai’s mysterious K-Project? It’s a code name for a Keroro RPG made by the Tales Studio. Namco Bandai has been making Keroro (aka Sgt. Frog here) games since 2004, but I never imagined this combination!
Keroro RPG: The Knight, Warrior, and Legendary Pirate even uses Tales’ trademark linear motion battle system and has Tales style skits. The game is set to come out on the Nintendo DS sometime next year.