It was actually surprising to me on a number of levels:
-A lot of the games they showed were early 2017 games. So is Tekken. But it wasn't there.
-Summer Lesson was shown, so Namco wasn't banned or anything. But no Tekken.
-It was a bad conference that outside of S-E stuff seemed like they were really scraping for good products to show. Tekken 7 looks a lot better than many of the games shown. But it wasn't there.
So either Namco is preparing something big on their own, or something is up. Probably the former, but still worrying.
EDIT: IIRC Namco earlier in the year said the PS4 version would have exclusive content and PSVR support. Sure seemed like a nice time to remind people of that at the very least.
This is reaching, but:
1. Sony may no longer be happy with Tekken being multiplatform now; AND/OR
2. Sony no longer views Tekken as a popular franchise, largely due to the decreasing interest, with TTT2 reaching an all-time sales low.
Namco is ENTIRELY to blame for #2 above. They:
1. Standardized a 2-year wait for the arcade to console transition with Tekken 6 and now Tekken 7. A lot of people are going to lose interest if you keep them waiting 2 years.
2. Completely ruined the presentation with customizations. Tekken 5 and Tekken 6 were tolerable, but TTT2 took it to a whole other level. There was a point when Tekken used to have some of the best presentation but that era is gone.
These two reasons are, in my opinion, the primary causes of this franchise's decline. In this increasingly globalized world, people want instant gratification, and if you don't give them that, then good luck surviving on what's left of the arcade business. I used to be an extremely passionate Tekken fan, but they've almost completely turned me away due to their current model for releasing games very late and also their mass recycling of customizations that muck up the entire game's presentation. I am unlikely to buy Tekken 7 as a result but we'll see what happens in the next few months.