Nihon Falcom is one of the few game companies not yet ready to let the PlayStation Portable retire by continuing one of their series, The Legend of Heroes, on the device along with the PS Vita getting Zero no Kiseki Evolution, an updated re-release that was originally on the PSP. While it seems that most of the attention is on Zero no Kiseki, it would be unwise to write off this new entry, Nayuta no Kiseki. The new game may not technically be a Legend of Heroes game, but it shares a lot of elements of the series from what we’ve seen of it so it still counts, and today Falcom has released new gameplay footage while including some screenshots.
It may be awhile until this or Zero no Kiseki are ever localized or if it may even happen at all. Though I say, I have hope that a company like XSEED will want to delve into it when the opportunity arises.
Source (http://andriasang NULL.com/con1zt/nayuta_no_kiseki_video/)