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The new studio by Yakuza creator Toshihiro Nagoshi under NetEase is officially called Nagoshi Studio

https://nagoshistudio.com

Nagoshi will obviously serve as CEO

The other 8 founding members were all part of SEGA/RGG Studio before https://nagoshistudio.com/staff/

  • Nagoshi explains that he chose to leave SEGA because he didn't want to keep doing the same thing over and over again
  • points out that there are less overall constraints at NetEase
  • he'll be closer to game dev again
  • very focused on quality and making it appealing to core fans & the broader gaming audience
  • want to announce it as soon as they can
  • game will have a 'large' scale
  • Nagoshi interested in doing things they couldn't do before

Source
 
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