Simple as that. North American and European territories are NOT, I repeat, NOT getting Vaklyria Chronicles III for PlayStation Portable.
According to a SEGA Singapore representative, Valkyria Chronicles II did not sell well enough in these territories to merit the release of the third entry. In addition, the PSP is “not well liked” in these territories which was another factor in keeping the game in the East.
THE PSP ONLY SELLS WELL IN JAPAN BECAUSE OF MONSTER HUNTER. THERE, I SAID IT. I am sad about this forever.