Supposedly, this rumored Transformers Generation One (G1) video game is an official project in the land of the rising sun. According to AmericanDreamComics who apparently scored an interview with Shinichi Suzuki (General Manager International Division of Takara in Japan). Read more details HERE at AmericanDreamComics including FIVE new pictures from this "game". Thank you to everyone who sent this tip along the past few days.
