Tecmo has confirmed at the Tokyo Games Show that Ninja gaiden 3 is in development.
VideoGamer.com has it that the game was confirmed to attendees at a behind-closed door reveal. The above image of protagonist Ryu Hayabusa is our only clue of whats in store for the third Gaiden game.
After that, thats all thats known for the moment. As soon as we get any addituional solid info on this we will post it. No platform confirmation just yet.