Yo-kai Watch is the newest gaming fad that is sweeping Pokemon and gaming fans off their feet. Developed by Level-5, the same company that created Professor Layton. It is very similar to Pokemon, and even has similar elements such as capsules being used instead of Pokeballs.
The plot for Yo-Kai Watch goes as this, one day as a boy was trying to catch bugs in the woods, that boy named Nate came across a particular capsule machine by a sacred tree. When he opened one of the capsules the Yo-Kai Wisper was summoned, and Wisper gave Nate a device known as the Yo-kai watch. With that device Nate is able to see different Yo-kai who are terrorizing people. Nate begins to try to befriend all the Yo-kai and recruit them into helping him stop the rest of the Yokai.
Yo-kai watch definitely has a Pokemon style to its gameplay, it was announced recently that they would finally be releasing the game in English for a holiday in 2015. However, due to the late release it may not immediately have as much success with fans as it did in Japan.