The authors of Yakuza (Like a Dragon) have announced a new instalment of Virtua Fighter and revealed the development of an unusual game called Project Century

Ryu Ga Gotoku Studio and SEGA Yakuza authors are working on PC re-release of Virtua Fighter 5 - the game will run in 4K at 60 FPS in November, and today the Japanese companies have made two more announcements.
Here's What We Know
Ryu Ga Gotoku Studio unveiled two teasers on stage at The Game Awards 2024.
The first teaser confirmed the rumour about the development of a brand new part of the once popular Virtua Fighter series. The only thing we can say for sure is that the creators of the Yakuza franchise, now known as Like a Dragon, are working on it.
The second teaser introduced a notable game codenamed Project Century, which will take you to 1915 Japan. From the footage shown, it seems that the game looks similar to the older Yakuza instalments.
Release dates for both Ryu Ga Gotoku projects are still unknown.
Source: SEGAasia, Geoff Keighley