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LordTheNightKnight said:
"Mistwalker aren't a full development company, they don't have programmers, animators or anything of the such, they just a development planning and direction studio at the moment hence the fact that they contract other studios like Artoon and Cavia to develop for them. It's very likely TLS is a new IP Nintendo have created and they've brought in Mistwalker to direct a first party team in developing it."

So did Nintendo choose that name, or Sakaguchi?


My guess is it's a name Sakaguchi may have advised for the project.