Falcom, makers of the Ys series and The Legend of Heroes: Trails in the Sky, usually set their games in fantasy worlds. Tokyo Xanadu blends Falcom’s action RPG knowhow with a modern day setting.
Tokyo Xanadu takes place in the Morimiya City, a suburb of Tokyo, where high school students Koh and Asuka enter the world of Xanadu.
Tokyo Xanadu will be released in early 2015. Falcom has not said what platform(s) the game will be released on.