SNK Corporation, the company behind franchises such as Fatal Fury, The King of Fighters, and Metal Slug, has announced a new game development subsidiary called VS Studio helmed by former Bandai Namco veteran Katsuhiro Harada. The news comes six months after Harada departed Bandai last December after serving as the longtime director and producer of the Tekken franchise. Harada will serve as Representative Director/CEO of VS Studio. The veteran fighting game director explains in a press release that the philosophy behind the Tokyo-based VS Studio is “Beyond tradition, crafted to perfection.” Harada describes VS Studio as a “free, open, and spacious environment” to "generate new ideas and create memorable games," and that they are recruiting talent.…