It's another Shenmue III update with very little on the progress of the project. This time, director Yu Suzuki talks about the development of the title's plot, and how he uses films as a reference for the cinematography. It's a very top-level look at the creation of games, and doesn't really provide many hints on the nature of the sequel itself.
That said, we're glad that these are coming a little more frequently now; we know the team's busy beavering away on the game, but updates are obviously important to keep backers abreast of the project's progress. Hopefully we get some new gameplay footage at some point, because the title's supposedly still on track for a tentative 2017 release, but it doesn't feel like it right now.