Speaking with Famitsu magazine, "Kou Shibusawa" the president of Tecmo Koei said Ni-Oh is finally making progress. The game was originally announced in 2005, but development was put on hold until Team Ninja took over in 2010. Ni-Oh, Shibusawa says, in an alpha stage.
Shibusawa also teased two announcements. Bit by bit, Tecmo Koei is making progress on a top secret new IP title and they’re currently in negotiations for surprising collaboration games. Tecmo Koei worked with Namco Bandai to make Dynasty Warriors games for One Piece and Gundam. They also have Fist of the North Star: Ken’s Rage 2, which is slated for release in Japan later this year.