In case you are still holding out for a PSP release of Valkyria Chronicles III, SEGA put to rest those hopes confirming that the lack of popularity of the platform will keep the title in Japan.
Hiroshi Seno, team manager of console sales at Sega cites high localization costs and low sales of Valkyria Chronicles II as the reason for the title not seeing a localization.
The lack of western interest in the PSP is a problem plaguing a lot of titles right now, like Capcom’s Monster Hunter Portable 3rd that hasn’t shown any sign of localization.
It may not be time to give up entirely, though. While nothing is confirmed, Seno said Sega will speak to Sony about a release on PlayStation Vita next time they meet.