Parent company Tecmo Koei will restructure its flagship studio Team Ninja into two individual groups, Ichigaya Development Group 1 and Ichigaya Development Group 2. In a statement today, Tecmo Koei confirms Yosuke Hayashi will oversee Group 1, while Fatal Frame series alum Keisuke Kikuchi will get a bump up to head of Group 2. We've followed up with Tecmo Koei to confirm how this reorganization may affect others at the Japanese development house.

This news comes at a busy time for Tecmo Koei, who just launched Dead or Alive 5 Plus on the PS Vita and is currently gearing up to port Ninja Gaiden 3: Razor's Edge to the PS3 and Xbox 360 on April 2. A demo for Ninja Gaiden 3: Razor's Edge is currently available on both Xbox Live and PlayStation Network.