Square Enix has a new JRPG on the way codenamed "Project Rune". The concept art, which was released this morning, shows dragons, some goddess looking lady, and a sweeping landscape. Basically, it's your standard JRPG...
Hideo Baba, who is most known for his work on the "Tales Of..." RPG series, is heading up the project under a new Square studio Studio Isotolia. We will keep you abreast of any further updates if this project looks to be different than the standard JRPG!