Excerpt from Kotaku:
Developed by Monolith Soft, better known for the Xenosaga and Baten Kaitos series, Xenoblade is an action-based RPG that tells the story of a war between two worlds, Bionis and Mechonis. “Join the battle for Bionis to repel the invasion of a terrifying mechanical army and uncover the secrets of a mystical sword called the Monado,” reads Nintendo of Europe’s official announcement.
Plans out that the game will retain the Japanese voice acting and will be translated into several languages (for subtitles), including German, Spanish, Italian and more.
US release date is still TBA