Sony Computer Entertainment Japan has unveiled a new Satin Silver PlayStation 3, to go on sale in the region on March 6.
The 40GB console will cost JPY 39,980 (USD 372/ EUR 252) and come bundled with a silver DualShock 3 controller.
Last November SCEJ launched a Ceramic White PS3 in Japan.
Sony Japan has also confirmed that it will be releasing a range of budge titles for the region known as The Best, with games Ridge Racer 7, Gundam: Target in Sight, Ninja Gaiden: Sigma, Resistance: Fall of Man and FolkSoul all retailing for JPY 3619 and going on sale Match 19.
Yesterday, Sony told GamesIndustry.biz it was "likely" that a budget PS3 software range would be introduced in Europe although no date or titles were mentioned.