Namco Bandai's latest media update for Soul Calibur V (click here for the gallery) includes word that Fukuoka-based CyberConnect2 is working on the game. CC2 is handling the game's story mode.
According to Namco Bandai, CC2 has been working on the game since the start of development. In addition to supervising the story board creation, they're deeply involved in the story mode's creation, right down to motion capture shoots. The game's lead artist is CC2's Isao Takeshita, shown below. He previously worked on various Naruto games.
You can see a few screens from the story mode below.