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Falconer084 / Dec 13, 2014
I got two E-mails from two of the petitions that I was involved in to get this to happen and here they are:

"Craig Johnston just posted an update on the petition you signed

Victory!

Dec 06, 2014 — Yakuza 5 is coming to the west!"

and

"Patrick Carroll just posted an update on the petition you signed

7 Dec 2014 — Today during its keynote address at the PlayStation Experience community event in Las Vegas, Sony Computer Entertainment America announced a partnership with SEGA® of America, Inc. and SEGA® Europe Ltd. to release Yakuza 5™, the much awaited fifth installment in the critically acclaimed main Yakuza™ series, on PlayStation®Network for the PlayStation®3 computer entertainment system in 2015. Yakuza 5 will make its Western debut as one of the most requested titles from the #Buildingthelist campaign, Gio Corsi, Director of Third Party Production at SCEA, announced at the event. Both companies also revealed that Yakuza™ 4 and Yakuza™: Dead Souls are available on PlayStation®Network today.

A direct sequel to Yakuza 4™, the game continues the epic story of Kazuma Kiryu, alongside four other protagonists, following their struggles and conflicts in the seedy underbelly of Japan’s Yakuza underworld. Featuring a new graphics engine versus its predecessor, Yakuza 5 takes players to five major Japanese cities to venture through a life of crime and power.

Yakuza 5 features more mini-games than previous titles, a modified battle system as well as enhanced customizations and interactions in the signature hostess bars of the franchise. In addition to these features, Yakuza 5 also introduces “Another Drama” which is a series of side stories that focus on each protagonist in-depth and are separate from the main story of the game.

“The world of the Yakuza series has fascinated gamers in Japan and the West for many years,” said John Cheng, COO and President of SEGA of America. “We know fans have been eagerly awaiting a release of Yakuza 5 here and we are thrilled to finally launch this spectacular entry in the series in North America and Europe."

A BIG thank you to the petition creators and all who signed and promoted their cause!
Falconer084 / Nov 14, 2013
At this year's Tokyo Game Show, Yakuza spin-off Ryu Ga Gotoku: Isshin was quite possibly the most popular non-western game on display. But despite its immediate popularity, and the general popularity other Yakuza games have seen in the west, the chances of it, and the previously released Yakuza 5 getting an English localization is pretty low.

When asked if he had plans to localize Yakuza 5 for the West, series creator Toshihiro Nagoshi said, "We don't have a plan for that at the moment. The Yakuza Studio team is a fixed size, and we have to choose between forging ahead with the next game or localising the one that just came out." He said that he chose to forge ahead with Isshin rather than localize Yakuza 5, which doesn't bode well for English speaking fans of either game.

But, he didn't entirely rule out a future localization of his games, stating "I'd definitely love to reach the whole world [with Yakzua 5], haha, if we have the manpower and the money to do it."

More info can be found HERE