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Honestly how many console franchises are even left in Japan that would warrant a developer really giving them a large budget? Because if you're not going to give a big budget, then the game might as well be on the PS3.

Final Fantasy
Kingdom Hearts
Metal Gear Solid
Resident Evil

Are basically the main four. Monster Hunter and Dragon Quest are basically going handheld now I think, DQ looks like its going to become more of a smartphone brand if anything.

Things like Tekken, Ridge Racer, Ninja Gaiden, Virtua Fighter, Castlevania .... all seem like dormant/dead franchises. Winning Eleven seems like its on the rocks too.

Japanese devs have kinda mismanaged themselves into oblivion. Its sad. The transition to HD killed so many IP.