Grasshopper Manufacturer, developers of the No More Heroes games on Wii, are working on a new game next to the Wii’s No More Heroes 2, this one being a PlayStation 3 game.

Yashurio Wada, president of Marvelous Interactive, spoke to Siliconera about the PlayStation 3 game from Grasshopper they will be publishing.

“If we do that [game] we might go bankrupt,” Wada joked. He laughed and continued, “We are making it, but if we make everything then it’s a little too risky.” Wada must be talking about the risk of introducing a new IP.

“Because it’s secret we can’t really go into details here,” Wada concluded.

So what can this Grasshopper/Marvelous PlayStation 3 title be? It’s probably the same Grasshopper PS3 title mentioned on composer Norihiko Hibino’s site. Hopefully we’ll soon find out.