Arc System Work's Tokyo Twilight Ghosthunters trailered

Arc is expanding out of the BlazBlue world and into something a bit spooky, developed by ToyBox. Its hard to tell what the Tokyo Twilight Ghosthunters game is like, based on the lengthy exposition trailer, but I'm guessing there's some spiritual busting to be done, in between a lot of visual novel style studying. UPDATE: Someone has some in-game footage from TGS, still not much the wiser.

When the only bit of English is "Graphic Horizontal Object STreaming" then I'm at a bit of a loss. There's a website here where more info will hopefully enlighten us. While Arc were kind enough to bring BlazBlue to western gamers, I'm not sure this will really translate, but it does have a certain style to it.