Level-5 Announces ‘II Dream’ Livestream Event for Sept. 10 — Fans Fear More Delays

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The story

Level-5 announced on its official X account that it will stream “LEVEL5 VISION 2026 II Dream” on YouTube starting at 9 PM (JST) on Thursday, September 10. The company has three titles slated for release by year’s end, but posters on the hardware/industry (Geha) board pointed out that 7 to 8 already-announced titles still have no release date, fueling speculation that the stream will focus more on follow-up updates and delay announcements than actual new information. Talk also centered on whether a Nintendo Direct might land the same day, on the nuance of the title “II Dream,” and on the fact that a similar stream called “Takumi” (“Craftsman”) was already held back in April.

We’ll be streaming “LEVEL5 VISION 2026 II Dream”

on YouTube starting at 21:00 on Thursday, September 10.

This event will feature the reveal of a variety of the latest updates on Level-5 titles.

Source: x.com / Original post here

What people said

4AnonymousSep 3, 2026 17:58
'Dream,' huh… guess we'll be dreaming on yet another teaser with no release date in sight.
5AnonymousSep 3, 2026 17:59
It'd be pretty bad if there's no Nintendo Direct despite the overseas price hikes.
Furukawa would seriously get called incompetent.
7AnonymousSep 3, 2026 17:59
Guess there's no Nintendo Direct on the 10th after all…
Wasn't there something else going on that day too?
8AnonymousSep 3, 2026 18:00
It's gonna be another delay festival, guaranteed — just sit down, Hino.
10AnonymousSep 3, 2026 18:03
Nintendo Directs are always 10 or 11 PM anyway.
And lately they've been doing just fine without any Level-5 titles.
11AnonymousSep 3, 2026 18:03
Why hasn't Level-5 gone under?

AI Overview

The main reason Level-5 hasn't gone under is the massive profits it built up from past hit IPs like Yo-kai Watch and Inazuma Eleven, combined with the flexible management structure that comes from being a privately held company.
14AnonymousSep 3, 2026 18:05
Lol, they're acting all high and mighty banning mirrors/reuploads.
15AnonymousSep 3, 2026 18:06
Good news — means I don't have to waste time on any Level-5 games.
16AnonymousSep 3, 2026 18:06
L5's supposedly got 3 titles releasing this year — are they actually gonna make it?
18AnonymousSep 3, 2026 18:07
So does that mean they didn't get invited to the Direct?
19AnonymousSep 3, 2026 18:09
An announcement about a delay of a delay?
Just go out of business already, this 'it's totally coming!' act is the most annoying thing ever.
20AnonymousSep 3, 2026 18:11
I want a Switch 2 edition of the last Musashi game.
Also Yo-kai Watch 2: Shinuchi.
21AnonymousSep 3, 2026 18:12
How many delay announcements versus how many actual new reveals are we getting here?
Is the pile of announced-but-unreleased titles just gonna grow even bigger?
23AnonymousSep 3, 2026 18:12
2026 II Dream

That title is way too lame.
What kind of taste is that?
89AnonymousSep 3, 2026 19:03
Re: #23
There's a saying, 'a dream within a dream' — meaning something hopelessly out of reach.
It's basically unattainable.
So really they're already telling us it's getting delayed.
24AnonymousSep 3, 2026 18:15
'Everything we've announced so far was just a dream!'

Are they seriously gonna try to write it all off like it never happened…
25AnonymousSep 3, 2026 18:16
I'll laugh if they cram in yet another new announcement at this point.
26AnonymousSep 3, 2026 18:16
Guess all those scattered announcements are finally taking shape.
28AnonymousSep 3, 2026 18:18
Honestly I'm more curious about this than the State of Play.
29AnonymousSep 3, 2026 18:18
Hurry up and remake Yo-kai Watch 2 already.
Summer vacation's already over.
30AnonymousSep 3, 2026 18:20
Konami, Capcom, and now L5…
Are they even gonna do a Nintendo Direct at this rate?
31AnonymousSep 3, 2026 18:20
Copy State of Play's format a bit too, instead of doing Direct-style shows all the time.
54AnonymousSep 3, 2026 18:32
Re: #31
It's this needlessly clever, borderline unreadable title — a pun mashing up the console name with 'PlayStation' and 'State of Play.'
32AnonymousSep 3, 2026 18:20
'You can see me, right, nyan?' (a nod to Jibanyan's catchphrase and cat-speak from Yo-kai Watch)
33AnonymousSep 3, 2026 18:21
Level-5, PlayStation, and Ubisoft all landing on the 10th like they coordinated it.
So the Nintendo Direct's probably the night of the 9th or early morning of the 10th.
40AnonymousSep 3, 2026 18:25
Is there some licensed IP tie-in involved or something?
49AnonymousSep 3, 2026 18:29
Re: #40
The Switch 2 version's pretty much confirmed already — maybe they'll do a cross-media announcement for Holy Horror Mansion or something?
56AnonymousSep 3, 2026 18:33
Surely they'll at least drop a release date for Layton, right?
65AnonymousSep 3, 2026 18:41
Re: #56
Probably just an announcement that they'll announce the release date… eventually.
61AnonymousSep 3, 2026 18:38
So you're saying there's no Level-5 title in the State of Play lineup?
66AnonymousSep 3, 2026 18:45
Re: #61
Deca-Polis might be there — it's the only one whose footage has shown PlayStation buttons.
80AnonymousSep 3, 2026 18:54
Wait, is this actually the second one of these this year??
85AnonymousSep 3, 2026 18:58
Re: #80
Apparently they did 'LEVEL5 VISION 2026 Takumi' back in April.
https://www.level5.co.jp/vision2026/

Or so it seems.
84AnonymousSep 3, 2026 18:55
Didn't even know they did that 'Takumi' thing in April.
They could've called out the delayed titles back then.
There are still 3 titles supposedly releasing this year!!
So yeah, I'm betting all 3 get delayed.
86AnonymousSep 3, 2026 18:58
Re: #84
Nice try, hater. If they release one title a month starting in October, they'd actually make it in time.
87AnonymousSep 3, 2026 18:59
The fact that fans now want follow-up updates more than new reveals says it all — it's over.
88AnonymousSep 3, 2026 19:01
Re: #87
Because all they ever do is announce stuff.
92AnonymousSep 3, 2026 19:05
Re: #87
They've got something like 7 or 8 titles that got announced but still have no release date, so of course it's come to this.
91AnonymousSep 3, 2026 19:03
They might as well be banned from Nintendo Directs at this point — wouldn't change much from now anyway.
94AnonymousSep 3, 2026 19:06
Re: #91
Ban Bandai Namco if you want, but Level-5's putting out new Switch 2 titles, so…

Background and Key Points of the Discussion

Level-5 is a privately held company said to maintain its financial footing on profits from past hit IPs like Yo-kai Watch and Inazuma Eleven. In recent years it has kept rolling out new title announcements even as release timelines have increasingly slipped. As posters in the thread noted, a large number of announced titles still have no confirmed release date, and opinion was split on whether this stream would bring genuine new information or mainly serve as a venue for delay announcements on existing titles. Whether the timing overlaps with a Nintendo Direct or other companies’ events also drew attention, but as of September 10 no official announcement from Nintendo had been confirmed, so that remains speculation within the thread.

*This article is excerpted and summarized from the 5ch (Hardware/Industry (Geha)) thread “LEVEL5 Direct 2026.9.10.”

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