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http://www.1up.com/do/newsStory?cId=3173837
Probably will showcase JRPGs that are coming out this year.

Edit by Mrstickball:

Announcements for the event (for those late to the party):

  • Microsoft announcing 31 titles today.
  • 1 million MS Points to be given away to J-users, dashboard themes, ect. This is due to the 1 million Xbox 360's sold in Japan.
  • Magna Carta 2: August 6th in Japan. 8,379 yen. Pre-orders get a special visual book as a bonus. *drool*
  • Tekken 6 trailer shown. Fall 2009 (no exact date). Trailer to go on XBL today.
  • Lost Planet 2 trailer shown. Will have 4-player Co-Op. Looks awesome, appearently.
  • Dead Rising 2 trailer shown. Different DR2 trailer to be on the marketplace shortly.
  • End of Eternity trailer shown. Winter 2009. Gameplay looks good 'if not FFXIII level'. Big focus on combat. Possible on-the-fly weapon switching. Gun fights are the focus of combat. 
  • Bayonetta trailer shown. Similar trailer to what's available, plus a few new scenes. Fall 2009
  • Mass Effect trailer shown.
  • Halo 3: ODST shown
  • BlazBlue set for release on 6/25
  • King of Fighters XII set for Fall 2009
  • Samauri Spirits Shin exclusive to X360 in 2009.
  • Expanding the Japanese Platinum lineup, including Bioshock and Mousou 5.
  • Virtual On releasing on 4/29
  • Nectaris Military Madness by Hudson announced - XBLA
  • Multiple other XBLA titles announced: Yosumin Live! Bouble Bobble Neo, Rockman 9 (WiiWare exclusive as of now, but coming to 360), O-D, King of Fighters 2002, Garou: Mark of the Wolves, and many others.
  • Gears of War 2 announced for Japan (if it wasn't already). Summer 2009