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Team Ninja working on new Dead or Alive 5

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Team Ninja is developing a new title related to Dead or Alive 5, it was revealed by producer Yosuke Hayashi during last night's Dead or Alive 5 and SoulCalibur 5 tournament with a short teaser trailer.

The teaser video also revealed the return of Momiji, a character from the studio's Ninja Gaiden series. Hayashi stated during the event that other new characters will make an appearance in the currently unnamed project.

Team Ninja will host the last official tournament for the current Dead or Alive 5 this July.