Amidst all the announcements for online titles, including Dragon’s Dogma Online releasing exclusively in Japan, many wonder what’s happened to Capcom’s Deep Down. News has seemingly dried up for a time until director Yoshinori Ono revealed to Famitsu (translation by Kotaku) why it was taking so long.

“We are currently working diligently on Deep Down, so please give us a little more time. We may be able to show you some big developments this year.”

Producer Kazunori Sugiura further revealed Capcom’s game plan for the PS4 exclusive. “[Deep Down] is a title that has to be able to compete for the next 15 years or so, so from a graphics standpoint we can’t release it as it is now, saying that it’s the best there is.”

What are your thoughts? Is the delay worth it and will we ever see Deep Down any time in the next year? Let us know your thoughts in the comments below and stay tuned for more details.

Capcom’s Deep Down is still yet to release in Japan but it could be coming closer to the same. Details on a public beta are scheduled for July according to producer Kazunori Sugiura on Twitter (translated by NeoGAF).

“Details on the public beta test are likely to come in July. There’s no excuse, as everyone was looking forward to the information. Rather than development circumstances, we’re discussing with the higher ups the policies for the beta test.

“As an apology, I’m attaching a screenshot of the game in development. It’s a dungeon themed after the emotion of Anger. I will report again in July.”

The screenshot is the one above. To clarify, details for the beta could very well arrive by July end. This means that the game could eventually be out in September for Japan when all is said and done. Deep Down is still yet to receive any information regarding a North American/European release but stay tuned for more information.

“Demand” may be too strong of a word but the female characters in Capcom’s multiplayer RPG Deep Down aren’t exactly rescuing themselves. At least there’s plenty of compelling action in the game’s newest trailer which only serves to look more and more like Dark Souls. Check it out above.

Deep Down takes place in the year 2094 but isn’t centred on a post-apocalyptic Earth thrown back into the Middle Ages. Instead, players will be able to travel medieval dungeons using VR equipment from the comfort of their apartment in New York in order to battle, loot treasure and fight horrendous monsters. The game will be free to play, which is a bonus, but is currently only planned to release in Japan. It runs on Capcom’s new Panta Rhei engine in case you were wondering how it looks so snazzy.

Still to receive a final release date, Deep Down will apparently be out later this year.

Deep Down alternates between being set in the future of 2094 while allowing players to travel to a virtual reality full of dragons, dungeons, monsters and other fun activities. The room itself makes up the modern portion of the game, and you can place furniture inside of it, decorating it according to your whims. Odette even explains each piece of furniture, so there’s more to the process than simple window dressing (in some cases, literally).

If decoration isn’t your thing, then Capcom will be revealing some new details on monsters within the game and will even showcase enemies that weren’t seen in the TGS 2013 trailer. Stay tuned as more details for Deep Down arise.

In fact, Capcom’s Yoshinori Ono revealed three new screens for Deep Down via several tweets, again showcasing the amazing visual fidelity. Check them out below.

There’s still not a whole lot known about the game, but expect more details when the Tokyo Game Show hits on September 19th to 22nd. Stay tuned for more details and let us know what you think of the PS4 exclusive’s visuals.

During the presentation, only the PlayStation 4 was mentioned as a platform (despite earlier reports that it would not be exclusive to Sony’s platform). While debuting at Sony’s initial PS4 reveal, it wasn’t explicitly stated whether the game would be exclusive to the console. Heck, Deep Down isn’t even the final name – and the game isn’t related to Dragon’s Dogma, Capcom’s other dragons and dungeons crawler.

Check out the teaser trailer below which shows some snippets and flashes of monsters and environments you’ll encounter within the game.

Which looked fairly similar to Dragon’s Dogma, which released on the PlayStation 3 last year and saw great success. This sparked suspicion that Deep Down is a sequel to Dragon’s Dogma, if not a spiritual successor.

However, in an Ask Capcom thread on the same subject, Corporate Officer and Senior Vice-President of Capcom Christian Svensson states, “No new DD product has been announced so there’s nothing I can comment on there. For reference DR3 [Dead Rising 3] and Deep Down have nothing to do with Dragon’s Dogma.”

So the question remains then: Just what is it?