The Japanese are planning to show the U.S. how to do with, with a new Godzilla movie following on from Final Wars. Given the huge success of Gareth Edwards' Hollywood remake of the classic tale, Japanese studio Toho will release its latest take on the movie, a decade after it last effort.

GodzillaGodzilla was a huge hit for Legendary Pictures and Warner Bros 

Edwards' version, starring Bryan Cranston and Aaron Taylor-Johnson, took more than $500 million worldwide and a sequel is already planned for 2018. Toho says the forthcoming movie - the 28th in the series - would be the last.

More: check out our full review of Godzilla

The franchise began with the critically acclaimed and hugely influential 1954 original, directed by the innovative Ishiro Honda. However, more recent versions, including Roland Emmerich's 1998 Hollywood version, have failed to impress. In fact, Edwards' version at Legendary Pictures and Warner Brothers is considered one of the better remakes.

GodzillaBryan Cranston starred in the U.S remake of Godzilla, which took over $500 million worldwide

"The time has come for Japan to make a film that will not lose to Hollywood." Veteran producer Taichi Ueda - who is heading up the new movie - told reporters at the Godzilla Strategic Conference this week.  Ueda added that Toho hopes to make Godzilla a character that "will represent Japan and be loved around the world" by the time of the 2020 Tokyo Olympics. A giant Godzilla statue is planned to be erected in Toho cinemas' Shinjuku theater by April of next year.

Godzilla is a fire-breathing reptilian monster (actually named after the Japanese words for whale and gorilla) created by a mutation due to nuclear testing. 

Toho are not expected to match the $200 million budget of the recent U.S remake.

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