Famitsu magazine has confirmed that Lost Planet 3 will be released in Japan this summer.
Developed by Spark Unlimited, the sci-fi horror shooter will hit shelves on June 27.
Lost Planet 3 is due out on PlayStation 3, PC and Xbox 360, and takes the form of an open-world prequel. Breaking away from the co-op centric antics of its predecessor, this third instalment will have more focus on narrative as it attempts to shed more light on the planet E.D.N III.
The game follows recent trends among Capcom IP in that it is being developed by an external studio, as was the case with Dead Rising 2 and DmC: Devil May Cry.
Lost Planet 3 is due out in the west in early 2013.