Spark Unlimited, Team Ninja and Comcept collaboration Yaiba: Ninja Gaiden Z has been pegged for a March 4, 2014 launch in the US on Xbox 360, PS3 and PC through Steam.
Yaiba: Ninja Gaiden Z centers around anti-hero Yaiba Kamikaze - a ninja who massacres his entire clan for perceived weakness. After dying by the hand of Ninja Gaiden series protagonist Ryu Hayabusa during a duel, Kamikaze is then resurrected as a cyborg by a mysterious corporation, which forces him to embark on a quest to quell a zombie outbreak in exchange for the power to enact his revenge on Hayabusa.
Team Ninja told Joystiq back in August that the Unreal Engine 3-powered slash-em-up is its own thing - not a spin-off or sequel. Team Ninja went on to say it would love to pursue a sequel, granted Yaiba: Ninja Gaiden Z manages to find an audience. And if the latest trailer above is any indication, that target audience is folks who enjoy terrible, cringe-worthy euphemisms.