Armed Fantasia, a JRPG pitched as a spiritual successor the PS2-era roleplaying series Wild Arms – and led by former Wild Arms producer Akifumi Kaneko – has been cancelled. Digital Bros, the parent company of Armed Fantasia publishers 505 Games, announced in a financial statement that it was one of several games for which “The Group decided to discontinue development,” the others being a sequel to F2P strategy game Battle Islands and action RPG Directorate Novitiate, which had already revealed…