In its third-quarter 2026 earnings report, SHIFT UP revealed that it plans to adjust the announcement schedule for its next flagship IP, “Project Spirits,” from the original plan of within 2026.
New Title “Stellar Blade: BLOOD RAIN” to Be Revealed in Phases—Mention Also Made of UNBOUND, Led by Shinji Mikami
"Project Spirits" is a new title for PC, console, and mobile currently under joint development by SHIFT UP—known for "Stellar Blade" and "Goddess of Victory: NIKKE"—and Yongxing Interactive, an affiliate of Tencent.
In the Q4 2025 earnings report, the company had planned to announce details—including the project’s direction and key features—by the end of 2026 regarding its next flagship title, which is focused on achieving a high level of polish and quality while considering global scalability.
However, according to the newly released Q3 2026 earnings report, it has been decided to adjust the announcement schedule from the original plan, taking into account the release schedule for major titles from late 2026 to early 2027.
The team is currently evaluating the optimal timing to fully convey the unique world and gameplay of *Project Spirits* and maximize interest and buzz among global users, and plans to share details as soon as the schedule is finalized.
Additionally, regarding the sequel to *Stellar Blade*, *Stellar Blade: BLOOD RAIN*, development is proceeding toward the target quality under a policy of securing sufficient time to achieve the highest possible level of polish, and information will be released in stages.
Additionally, regarding the multiple titles currently in development at UNBOUND—a subsidiary of the company led by Shinji Mikami—the company plans to release information sequentially, taking into account the preparation status of each title.
