It's a high-end console game made by Cygames Osaka, who Cygames established for PS4 development. Waiting for the trailer to be posted. No more real details.
Trailer (stream-recorded, eh quality) - https://youtu.be/pAcD9xISxFA
Edit 8/25/16: Direct-feed: https://www.youtube.com/watch?v=2swWKaPkzFk