"Hey guys, I strongly believe that Kikuchi Keisuke will release the Fatal Frame V in America, in many countries. He and me have same philosophy from Tecmo days. That's what I can say for now. I want you guys to read between the lines. Anyway I will play this game."
Source: http://www.ign.com/articles/2015/02/09/devils-third-creator-hints-at-fatal-frame-v-localization
So due to this I may just buy Devil's Third to support the creator in hope it'll get Fatal Frame localised in Europe/UK (despite that I still think the visuals and voice acting is a pile of shit).