It might/will, but it hasn't came yet. Check this page below on related links
The release date is for Japan
Naruto Ultimate Ninja 5 is not coming out in the US
close to the end of the year
Naruto shippuden ultimate ninja 5 will not come be coming out in the U.S. and they said it is coming out on December 29,2009 and we are in 2010 and it didn't come out so yah it is probably not coming out maybe it will or not but my answer is that it will not come out
yes and i heard it's coming out soon
March 13, 2012
no it is not here is proof http://www.siliconera.com/2009/08/28/no-naruto-shippuden-ultimate-ninja-5-for-north-america/
i heard it was coming out on December 29 2009 after Christmas :(
Naruto Ultimate Ninja Heroes 2 The Phantom Foretress comes to U.S in June. You can travel on missions that you couldn't before on the Original.
these are the ultimate ninja video games that are currently out, i presume. ultimate ninja ultimate ninja heroes ultimate ninja 2 ultimate ninja 3 ultimate ninja revolution ultimate ninja revolution 2 ultimate ninja revolution 3 that is seven. if there is no unr 2 or 3 them i am truly sorry for my mistakes. i am not sure there is going to be a continuation but it is very certain and one hundred percent possible since there are gamers all around the world that like naruto and are trying to make some more. so i believe your question is answered "yes, no, maybe".
Naruto Ultimate ninja 3
June 12, 2006 is the first ultimate ninja
it will come in December 20 2009 but id wait for naruto ultimate ninja heroes 3 coming out in spring 2010