Grasshopper Manufacture and Suda51 have shared concept art for two characters set to appear in No More Heroes III.

During an IGN Japan livestream, Suda51 revealed concept art for No More Heroes III, both of them are of characters from past No More Heroes games seemingly returning to the new game.

First, Kimmy Howell from No More Heroes 2: Desperate Struggle was shown. She has now graduated Destroy University, and has become an idol. Her design was by Bayonetta character designer Mari Shimazaki.

Suda51 also showed Destroyman, who has been in No More Heroes and No More Heroes 2: Desperate Struggle. The concept art shows several forms; MPD (Mass Produced), MPD-T (Trueface), and Final Destoryman. However, Suda51 stated the last form will not appear in No More Heroes III, but definitely would in No More Heroes IV. Suda51 also stated the voice actor for the character would reprise his role, but did not elaborate if it would be the Japanese or English voice actor.

Finally a new five minute trailer is currently in development.

Sweary65 was also present at the presentation. During a prior presentation, he and Suda51 revealed they would be working on a new horror game, tentatively titled Hotel Barcelona.