Square Enix's newly-announced action-RPG might get some Monster Hunter comparisons, but really, it looks a lot more like Phantasy Star Online. It looks good, too.

Via GameXplain, here's some new footage from Final Fantasy Explorers, which is out for 3DS this fall in Japan. This segment was posted during a Japan-only Nintendo Direct this morning.

Oh, and, uh, don't get too excited about that Final Fantasy V intro. This is a totally new game.