As reported by Destructoid, Capcom's Keiji Inafune - a development fixture going back to the original Mega Man - was unimpressed by the games being shown on the TGS floor. Except for Capcom's of course.

At an event Friday, Inafune asked attendees what they thought of the show, asking them to be candid with their opinions. Then he proffered this:

Personally when I looked around [at] all the different games at the TGS floor, I said "Man, Japan is over. We're done. Our game industry is finished."

Inafune backtracked a bit, saying Capcom's upcoming releases exemplify "kick ass" Japanese product. Well, yes, except for those, Mr. Inafune.

http://kotaku.com/5368490/capcoms-inafune-declares-japan-game-industry-finished

Wow. That is.........surprisingly funny. However, what it means is deadly serious.

never fear

FINAL FANTASY 13 is coming

So basically:

Inafune: Japanese gaming is dead. Oh, yeah, Capcom is Japanese. nvm.

You beat me to it

I think all of you are personally gettint the wrong idea here.

Well, he is kind of right.

With the exception of Nintendo, Square Enix, and Capcom, no one else is doing especially well.

Well those are like the only good studio's in japan.

You forgot Konami

In 2008 Konami was one of the few japanese gaming companies to make a profit, unless ofcourse you mean in 2009, as truth be told after MGS4 Konami hasn't had anything massive (barring PES each year)

This attitude is exactly what's wrong with Capcom's development right now. They're just trying to whore themselves out to their perception of what "western values" are. This is why we got RE5...