cress2000 said:
Probably an exclusivity deal. But I frequently hear a rumor about Nintendo owns and paid for the localization, so they'd have to produce a new one for the PS2 version. Don't know how credible that is.
I can't think of any other reasons, other than Namco being dumb as usual.
That rumor's bunk, Hometek handled everything themselves... the only "excusivity deal" in place was likely a royalty cut for the release window (which was obviously one year going by Japan). NOE did handle EU localization, but if Hometek wanted to, they could've released Symphonia PS2.
That said, if Microsoft's smart they take another play from Nintendo's book and pick Vesperia up for European localziation and distribution. I could see it doing really well in France especially (and maybe help the platform versus PS3 a bit).