During his interview with NIS America president Haru Akenaga, Spencer Yip made a point to inquire about the company's plans for many specific games, including those from companies with whom NIS has worked in the past. Spectral Force Genesis, the new SRPG from Idea Factory, came up. With unexpected candor, Akenaga confirmed that a localization of that or any Idea Factory title was unlikely:

"We have a relationship with them, but unfortunately our mission is to release quality titles. Their titles are good, but not good as we expected. That's our reason. They always ask us to localize their titles, but at this moment we answer with 'we're sorry'."

Atlus, Mastiff, O3 (who did the amazing localization of Idea Factory's Chaos Wars) and other small publishers are still a possibility, but NIS definitely doesn't have interest in working with the company. Which is good, because that particular bridge is pretty well toasted.