[UPDATE] Microsoft has now revealed the new 360 game is a port of the pre-existing PC massively multiplayer online role-playing game Monster Hunter Frontier. Released in 2007 in Japan for Windows, the title will launch on Xbox Live this summer in the island nation. No Western release plans were announced, although it is worth noting Capcom never felt compelled to bring the original Monster Hunter Frontier to North America or Europe despite repeated entreaties. The original article is below.
Next week may be a big one for Capcom-loving Xbox 360 owners. The official Japanese Xbox site is currently teasing a "Capcom Title Premiere for Xbox 360" as happening on Tuesday, January 26--which would likely mean a Monday reveal in North America.
The black screen also bears the words "Microsoft x Capcom"--raising the very faint possibility of a crossover title similar to 2005's Namco x Capcom.
A far, far more likely scenario is that the Japanese publisher will announce either an all-new IP or a 360 adaptation of one of its more popular franchises. Since moving to a console-agnostic strategy during 2007 and 2008, Capcom has brought such hit properties as Devil May Cry, Resident Evil, and Street Fighter to Microsoft's latest console for the first time.
The list of active IPs not on Microsoft's platform is short, with Monster Hunter being the most popular in Japan--where the Xbox 360 remains largely shunned despite Microsoft's ongoing wooing. The mystery game could also be a reboot of the Onimusha series, which appeared on the PlayStation 2 and original Xbox, or a remake of a classic Resident Evil title along the lines of the Wii's Darkside Chronicles.
There's always the chance of an new Xbox Live Arcade offering from one of Capcom's myriad arcade series--several of which (Street Fighter, 1942, Final Fight) are already on the online service. Finally, the game might be a new installment in an existing Xbox 360 series, although Dead Rising 2 and Lost Planet 2 have already been announced.