Capcom's not known for its open-world games. In fact, while popular with Western developers, the Japanese have tended to shy away from vast, explorable open-world adventures. In 2012, that changes with Dragon's Dogma.
With folks on the project who'd previously worked on titles like Resident Evil 4 and the Devil May Cry series, Capcom's hoping Dragon's Dogma will be its next big thing. With over three years of planning and well into two years of production, it may currently be Capcom's largest game in production.