Persona is one of the biggest JRPG franchises right now, and Persona 5 will be making an appearance in the West and will launch exclusively on the PlayStation 3.
Persona 5 was revealed back in November 2013, but only for release in Japan. The game had been rumoured since 2009 and spoken about until its official announcement.
Persona 4 also came to the West on the PlayStation 2 in 2008 with nearly seven years between the two releases once Persona 5 arrives.