As it turns out, the game is actually the English version of Naruto RPG 3: Reijuu vs. Konoha Shoutai. Siliconera's commenters noticed that the screens were actually from the third Japanese RPG in the series, and then Spencer Yip confirmed the facts with a representative from Tomy.
Are any of you Naruto fans upset by Tomy and D3's decision to skip over the second game? If so, vent your frustrations in the comments -- that's what they're here for.
Gallery: Naruto: Path of the Ninja 2