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Looks like it is a timed exclusive according to IGN

Star Ocean 4 was announced today as being in development for the Xbox 360. But as we specified during our blog from Microsoft's big RPG press conference in Japan, the game wasn't strictly referred to as an Xbox 360 exclusive title.

So is the game coming to the PS3 as well?

Square Enix producer Yoshinori Yamagishi cleared things up during a roundtable interview session that followed the press conference. Asked if the game is 360-only, he said, "We cannot announce anything on that. We can say that it will be released first [on the Xbox 360]. Whether we'll release it on the PS3 is undecided. We may release it, we may not."

Looks like, as with Last Remnant, 360 owners get this Square Enix epic first, but, as with Namco Bandai's Tales of Vesperia, PS3 owners may get their own version in the future as well!

 

Bad news for PS3 owners