That being said, I agree with the above in that it's a PS3 title and probably will be localized. I think the west has gotten most decently budgeted PS3 JRPGs.
I kind of go back and forth on this. There is one big problem: It's a very late-gen PS3 game. And the localization process could easily take a year or more. This is Sega we're talking about so do you really think they've started localizing while it's still under development? So it becomes reasonable to wonder, what's the PS3 market in the west going to be like in Spring 2016. More importantly, what does Sega think
it will be like...
Though I still think it has a better chance than any of the PSP games did.