Level-5 established a new company called LEVEL 5 Comcept in Japan. The new company going to works on smartphone games and the first one the Dragon & Colonies release in 2018 on iOS and Android.
The company is based in Osaka, Japan and in the future more games going to release and maybe not just on smartphones but on other platforms too. The CEO of the company is Mr. Akihiro Hino (Level-5 CEO) and CCO is Keiji Inafune (comcept CEO).
Until more information about the company and the games, please stay tuned.