Tekken Tag Tournament 2 is set for arcade release this summer. But it may not be the next Tekken product. Also due out this summer is Tekken Blood Vengeance, a theatrical 3D CG movie.
As reported at Famitsu.com, the movie features a script from Dai Satou (Cowboy Bebop, Ghost in the Shell) and animation from Digital Frontier (Resident Evil Degeneration).
You can view a first trailer here: