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Mr Khan said:

Very different situations. NG3RE was the case of Nintendo funding a port with additional content. Bayonetta 2 is Nintendo putting money down for the entire game, and probably exclusive publishing rights.

Which leads to another interesting possibility for this situation: what if Nintendo has exclusive publishing rights to Razor's Edge, but only for North America and Europe? This is a Japanese retail listing, after all, and i don't think Nintendo was involved in helping the game's distribution in Japan. Could be that the Razor's Edge game for PS360 is Japan-only.

I think that is the current status, Nintendo has the publishing rights for Europe and America, and Tecmo has them for Japan. It is possible that this re-release can be a Japan exclusive, unless Tecmo wants to take back the publishing rights from Nintendo (which I doubt), or has some kind of agreement with them.