Sony has just confirmed that now that the Kickstarter goal has been reached they are in fact helping with funding and development of Shenmue 3

[BreedinBull]

StuOhQ said:
This whole affair has been wholly unethical. Kickstarter was not designed to be abused in this fashion, and I won't be buying the game now. Comments from the Kickstarter page indicate that a lot of the backers were hoping for stretch goals that would add support for future consoles.

And where did that misguided hopee come from when it was at Son'y conference and the kickstarter page said from the get go PS4 and PC?