Back in 2009, Ghibli World reported that Studio Ghibli co-founder Isao Takahata's (Grave of the Fireflies, Pomo Poko) first movie since his water color style adaptation of family comic strip My Neighbors the Yamadas would be a retelling of 10th century Japanese folktale Taketori Monogatari (The Tale of the Bamboo Cutter) - the story of moon princess Kaguya-hime, discovered as a baby inside the stalk of a glowing bamboo plant. Few updates has been revealed since then...
GhibliWiki writes that Ghibli producer/president Toshio Suzuki's radio show recently mourned the passing of Seiichiro Ujiie, NTV CEO who died on March 28 at the age of 84. The show spoke to Ujiie's history supporting the Ghibli Museum, his relationship with Isao Takahata and mentions
On December 20 of last year, when one-third of the storyboards of Kaguya Hime were completed, he read it. His first impression was "Kaguya-Hime is a selfish girl. I like this girl."
This month issue of Ghibli's free magazine "Neppu" features Ujiie with memorial texts by Hayao Miyazaki and Takahata. The magazine also mentions that a test film has been produced to try out new animation techniques for the Bamboo Cutter project.