The studio's official website going down comes just a few weeks after the YouTube page for Gang of Dragon was seemingly taken down.
It is worth noting that the original reveal trailer remains online on other pages, and even the Steam listing is still online.
The decision reportedly occurred when the studio required an additional $44.4 million in funding to finish the action-adventure title.
Former Yakuza creator's new studio "is fully committed to creating a work that we can confidently deliver to players around the world."
Gang of Dragon features Shin Ji-seong as its protagonist as played by actor Ma Dong-seok, and takes place in Kabukicho, Tokyo.
Toshihiro Nagoshi, creator of the Yakuza franchise, has stated that his studio is in the early stages of casting for his next game.
The creator of the Yakuza franchise hasn't yet revealed his next game, but does go on to compare it with a Quentin Tarantino movie.
With Toshihiro Nagoshi as its CEO and president, the studio is focused on releasing "high-quality" console titles and having an "open atmosphere."
