Yep, Gamescom 2018 is this week in Cologne, Germany, and Yu Suzuki and his Shenmue III team have an announcement planned for the opening ceremony on August 21.
In related news, Sega recently shared a third “What is Shenmue?” video, covering combat and mini-games that can be found in the first two games.
Developer Ys Net teased its plans over at the official Shenmue III website.