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Wright said:

Indeed, it is a second party game.

 

Mistwalker can do whatever they want with the The Last Story IP.


No. Nintendo owns it. Mistwalker is like Treasure where the publisher owns the IP. Microsoft Owns Blue Dragon and Lost Odessey.

SEGA owns Gunstar Heroes and Gaurdian Heroes and NIntendo Owns Sin and Punishment and Enix owns Mischief Makers. All developed by Treasure. Mistwalker works the exact same way. In fact Nintendo oversaw the game and the original idea was deemed to dark by Nintendo and was called The Last World.