No reason was given for this decision. “Please look forward to future titles in the series,” the announcement notes.
Released in North America in September 2008, Silent Hill Homecoming was developed by Double Helix Games and Foundation 9 Entertrainment for the PS3 and the Xbox 360. It is the first console title to be handled by a Western developer.
The last time the Japanese Homecoming site was updated was in November 2008.
Silent Hill Homecoming [Konami]