Is this artwork from Monolith Soft’s 3DS project?
Monolith Kyoto seeking designers for new work.
Monolith Soft updated its official Facebook page with new artwork from Yasuyuki Honne for a new project in development at its Kyoto studio.

Their main studio, located in Tokyo, is working on a new RPG for Wii U. Their Kyoto studio, however, has a new 3DS project in the works.
The image text reads that the developer is seeking staff to work in its Kyoto studio. Specifically, they’re recruiting 3D CG designers, motion designers, and effect designers, according to the Facebook description.
Given the fact that the image is from the Kyoto studio, it’s very possible we’re looking at concept artwork for the studio’s upcoming 3DS project. Then again, it’s also possible we’re not.
Thanks, Game Jouhou.