Looks like the JRPG genre isn't as dead as some claim. According to Kotaku, three new Japanese role-playing games have arrived in the U.S. today.
First is a 3DS remake of Devil Summoner: Soul Hackers. The game is a first-person dungeon crawler by Atlus.The second is Pandora's Tower, an action RPG for the Wii. This game reminds me a little of Zelda and ICO.
The last JRPG is Dragon Fantasy. Book One of Dragon Fantasy is an episodic series that emulates the old 8-bit classics. The game is out of the PS3 and PS Vita today.
Note: Dragon Fantasy Book One is actually made by a studio in California, my apologies.(Thanks to porkChop for letting me know)