During the Vision 2011 conference Level-5 announced a new IP: Youkai Watch (Demon Watch). The game looks like some kind of Pokemon-like monster taming/collecting JRPG with a supernatural theme, featuring the same character design as Inazuma Eleven.

A trailer has been shown, but nothing is known about the release date or even the platform the game will be published on, even if the trailer definitely seems to indicate an handeld: possibly the PS Vita, looking at the definition of what little gameplay was shown.

As we wait for more information, you can enjoy several screencaps from the trailer past the cut: