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According to the handbill of GAGAGA Bunko, Gatoh Shoji will start a new novel on the publisher. Gatoh was planning to publish the final volume of "Full Metal Panic!" novel when Sakura bloom but they have already gone in Japan.

Sources:
Scan of the handbill
Gatoh's official blog

Updated on Oct 23rd
According to Dengeki Hobby Magazine December issue, Gatoh finished about half of the next volume of Full Metal Panic novel.

Source: Scan of Dengeki Hobby Magazine

Updated on Nov 12th
According to GaGaGa Bunko, the title of the new novel is "COP CRAFT: DRAGNET MIRAGE RELOADED" and it will be released on November 18th. The illustrator is Murata Range.

Source: GaGaGa

*Sigh* I really want to see the complete story of Full Metal Panic. Of course, it would help if all of the light novels were translated or available in english. One day hopefully.

Jeez, finish the series before continuing another one.

=(

Sounds nice to me!

If Gatoh-san is full of ideas, everything should work out.

If there's only one volume left why not finish it and get it out of the way?

Would have wished the full FMP as well but what would be his new novel about? Interesting...

oh this is just great.

I'm just hoping for more FMP anime. Maybe finishing it will give a good reason to do another season (or 3 ;P).

Reminds me of Haruhi.

Hnn....Yeah, my thoughts exactly. Finish it up first. :s

Maybe he already finished it already? He just need to publish it...? Noobs.

Eh, its more likely he finished writing it weeks/months ago. Isn't the series released as chapters in the Monthly Light Novel Magazine first anyway?

Its more likely publishers that are holding the book back rather than the author himself who probably moved onto his next piece of work after he finished FMP.

Here's just another example of the droll sheep of MAL jumping to conclusions based on dtshyk's terribly vague and intentionally misleading news "articles".

Haruhi = 2 years wait.

FMP = ???

No, the final volume of FMP won't be released in the magazine. The prologue was released last December but the rest of the chapters will be released in a novel book. It's called "書き下ろし (publish a book with newly written chapters, not collecting already released ones)".

Agreed.

I don't really care much for light novels but I'm sure that when he finish up the novels a new anime adaption would be just around the corner. Well... I hope.

lawl ah well can't read Japanese even if he did release it ;D

Boy, that sucks.

I want more FMP :(

sigh.. The title of this news is so misleading... It's like telling everyone that the author doesn't feel like continuing FMP. Why can't it be just "Author of Full Metal Panic starts a New Series" ?