It's called Koumajou Densetsu - Scarlet Symphony, and it's Castlevania clone of Symphony of the Night. Well not clone, but very similar to it. Has anyone played this yet? It looks really awesome according to the video on YouTube.

Koumajou Densetsu

It looks awesome, and takes after Castlevania SOTN pretty well enough. I think there is also a sequel to it. I wish Konami would make more games like that, but since Igarashi left, I think those days are over with. At least we have stuff like this going on. Thanks for sharing!