Short clip of Tekken on the Wii U! Most interesting is that the stages look to be taken from TEKKEN TAG TOURNAMENT 2… Probably just sharing resources, but its interesting nonetheless! Also, I received confirmation today that it will be a fighting game, not some kind of RPG or 3rd person shooter etc, and judging by this short clip it does look like Tekken as we know it. Graphics look better than PSP Tekken 6 and the customization looks REALLY interesting as you can literally DRAW on your characters face to tag on them.
EDIT: ALSO, be sure to check out THIS video with Katsuhiro Harada that demonstrates a lot of the features of the game: Create a stage, tag opponents face, practice mode, etc.