Citing unnamed sources "close to the project," 1Up reports that localization on Yakuza 3 is underway and the PlayStation 3 exclusive will be released in U.S. and European markets.

1Up points out that Sega announced Yakuza 2 for the American market at 2007's Tokyo Game Show, implying that more news about Yakuza 3 could be coming at this year's show.

And if not, then we'll at least hear news about Yakuza 4 at TGS.

Yakuza 3 is Coming to the West [1Up]