Once again featuring Kazuma Kiryu as the main protagonist, the game will take place in Tokyo, Fukuoka, Osaka, Sapporo and Nagoya, all of which are described as "large" by Siliconera.
The game will provide a seamless transition between adventure mode and battles, while the camera system, loading times and character facial technology have all been improved.
It was also revealed that the plot will follow directly on from Yakuza 4, as opposed to upcoming zombie-based spinoff Yakuza: Dead Souls.
Yakuza 5 was confirmed by series creator Toshihiro Nagoshi earlier this year.
It will be developed by Nagoshi's brand new Yakuza Studio, which is also working on Sega's squad-based shooter Binary Domain.
> Read Digital Spy's review of Yakuza 4