The people at Gust Co. Ltd., best known for their Atelier series, are currently working on a project called Blue Reflection: Sword of the Girl Dancing in Illusion. Blue Reflection seems to be a magical girl game set in the current time, similar to Sailor Moon. Guessing from Gust’s backlog, I’d say it might be in the RPG genre. But that’s just speculation at this point.
The game was announced for PS4 and PS Vita. There is no mention of an English release, yet.
First details and artworks of the characters can be found over at Siliconera. Personally, I absolutely dig the art-style and soundtrack.