OK, I get it... people are mad because Sega haven't localised PSO2, various Yakuza games, 7th Dragon, some Valkyria games, etc. etc.
Look at the alternatives, please, and tell me there is a better solution.
Square Enix: did not localise DQX, a whole bunch of DQM games, FF Type-0, a whole bunch of other minor titles
Namco Bandai: systematically destroyed every great franchise they had, apart from Tales, which seems to have a pretty random localisation record
Capcom: wouldn't it be awesome to have Persona and SMT outsourced to foreign developers for a great new take on classic Japanese titles?
Konami: see Namco Bandai
First parties would have sucked also.
Nintendo: occasionally likes to localise stuff, but they are random about this, and have a big WTF? element to which titles they decide to market appropriately.
Sony: well they may actually be interested in localising Japanese stuff these days, but their track record is far from great, where niche titles are concerned.
Microsoft: again, not a great track record in either localising or marketing Japanese titles overseas, and probably care even less nowadays based on their current lineup of Japanese exclusives.