The previous rumours are true - Star Ocean 4 is on the way, officially confirmed at the Square Enix Party press conference which took place in Japan moments ago.
Square Enix wasn't giving away too much, though; no gameplay details were revealed and the platform and release date remains unspecified.
Development is being handled by Tri-Ace, which also took care of the previous PS2 game, Till the End of Time.
Square also revealed that it's working on remakes of Star Ocean First Departure and Star Ocean Second Evolution, the first two games in the series, for PSP.
We'll be bringing you more on the Square Enix Party this weekend, where we'll be raiding Square's drinks cupboard, draining all the vodka and throwing the TV remotes into the garden next door after puking in the living room.