Tokyo RPG Factory, a new studio set up by Square Enix, has revealed its first game, called I Am Setsuna, is coming westward. It will be released on PS4 and Steam but the Vita version will remain a Japanese exclusive. The studio was set up to create games that took inspiration from past JRPGs, with I Am Setsuna taking cues from Chrono Trigger, specifically its battle system.
I Am Setsuna is set to release in the summer, though when exactly is yet unknown.
Source: Press Release