Akihiro Hino, head of Japanese developer Level-5, announced in this week’s issue of Famitsu magazine that they’ll be holding another exclusive press event later on this year. Unlike previous shows, though, this one will be open and free to the public. The “Level-5 World” event, held by the developer of game series like Professor Layton and Inazuma Eleven, will be held October 15 and 16 at the Tokyo Big Sight convention center. More details on events and such will be announced next month.

“I think the game industry is in transition right now, from new platforms to change in user tastes to the effects of the [March] earthquake,” Hino told Famitsu. I think we’ve been somewhat slow to respond to this. We’ve been working on a number of projects in parallel, and earlier this year we realized we’d be too late on much of it for the Tokyo Game Show. That’s why we thought it best to hold our own event a month later to better appeal to gamers.”

Level-5 will still have a presence at TGS (which starts September 15), but it will likely be limited to a simple meeting room instead of the large booth displays of previous years.

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