Runaway success life simulator from Level-5, Fantasy Life, had its trademark registered outside of Japan in the US. This follows on the heels of the registration being made last month in Europe as well. This is all pointing to the game being localised for other territories outside of Japan.
Level-5 have previously gone on record saying that they want to develop Fantasy Life into a new franchise. This should be a unique, niche title for the Nintendo 3DS that will garner a large following in the West.