According to an update in its Japanese recruitment page, Square Enix are on the hunt for some qualified individuals to work on a brand new installment in its Seiken Densetsu series. Game details are few and far between; however, a few pieces of concept art have been posted.
Programmers, map planners, battle planners, and art designers are being sought after to work on this title. Also wanted are character modelers, motion designers, effects designers, and background modelers, which suggest that it may be a 3D game.
Considering that both Nintendo and Sony's next-generation handhelds will be capable of 3D environments, it's hard to tell whether the game will be on a portable or console system. Regardless, look forward to new details concerning this game when they become available.