Andriasang reports that SEGA has revealed Yakuza 5, the next title in the hit video game series.

The game was announced during a Yakuza 4 press conference in Tokyo. Although not officially titled - SEGA referred to it as Project K - it was confirmed that series director Toshihiro Nagoshi is once again in charge.

A video at the conference featured the series' traditional Kamurocho neon entrance sign and a young man, assumed to be the game's main character, walking around the city in the rain. The video ends with the text "A new challenge for Yakuza starts".

There was no indication of release date or platforms, but PS3 is the most likely candidate.

Yakuza 3 was released last week in the UK and debuted at No.24 in the chart.