Blurb on the game from associated press:
A new dungeon exploration RPG where you must strategise to survive!An otherworldly labyrinth has suddenly appeared on the outskirts of a quiet town. Make clever use of your abilities to chart the depths, overcome obstacles and defeat your foes in thrilling battles!
From some of the key development team behind the legendary FINAL FANTASY franchise, DUNGEON ENCOUNTERS is a dungeon exploration RPG where you must strategise to survive. The streamlined interface gives you the freedom to prepare and manage your party as you strive to reach the final floor.
During your expeditions, you'll discover rare and powerful items, meet lost adventurers who might just become new allies, and come face-to-face with deadly monsters.
Do you have what it takes to overcome the numerous trials that await you and discover the dungeon's secrets?
DUNGEON ENCOUNTERS is available 14th October on Nintendo Switch™, Playstation®4, and Steam®!
And a more extended write-up.
I don't think the names involved really matter a lot other than providing the initial hook and building associated interest, because just looking at this and reading what it's about makes all of it sound really, really interesting. I know Yoko Taro is helming that also soon-to-be-released card-based tabletop-esque RPG, so maybe this is a trend within Square Enix. Always happy when small-scale projects like this get made.