Former Team Ninja head Tomonobu Itagaki has revealed that he’s now working as development and game design head at new Japanese outfit Valhalla Game Studios.
The independent studio is being run by Satoshi Kanematsu, a former Tecmo colleague of Itagaki's.
"Valhalla is about 50 people right now," Itagaki told Famitsu (via 1UP). "That may expand a bit, but it's not going to be a 100-person company. 50 people working for two years can produce something better than 100 people working for one year. 100 times one and 50 times two may produce the same number, but not in creative businesses like this one.
“I know nobody means any harm by it, but publicly-traded companies have to prove their worth to the stock market on a year-by-year basis, and that means they can't focus all-out on quality.”
Itagaki wasn’t ready to disclose details about Valhalla’s debut project, other than to say that it won’t be in the fighting genre and he’s targeting multimillion sales.
"I already made Dead Or Alive, the best fighting game in the world, in my last company. Trying to compete against my own daughter wouldn't be worth the fight.
"Dead Or Alive 3 was the best game I made sales-wise – it did two million copies. For this game, I'd like to at least double that and get four million people to play it. You have games selling ten million these days, after all, so I don't think throwing out the four-million figure's that outrageous."
The news comes just days after Itagaki announced that he had settled a lawsuit with ex-employer Tecmo out of court. The suit dated back to June 2008, when Itagaki announced plans to resign from his post as head of Team Ninja and sue parent company Tecmo for “unpaid completion bonuses”.