It’s been announced recently that Naruto Shippuden: Ultimate Ninja Storm 3 for the PS3 and Xbox 360 will feature a Hokage version of Naruto as a playable character, and you’ll get him unlocked at the start if you have a save file from Naruto Generations.
The previous game, Naruto Shippuden: Ultimate Ninja Storm 2 marked the first time a Hokage version of Naruto appears in a fighting game. People once mistook Naruto Gekitou Ninja Taisen Special for the Wii as the actual first appearance of Hokage Naruto, but they are simply mistaking Sage Naruto for a Hokage (probably because they haven’t seen the Pain arc yet, and the overcoat threw them off).
The latest PS3/Xbox360 game also features the first ever game appearance of Mifune, the General from the land of Iron, as well as the Edo Tensei-resurrected Hanzo, former leader of the Hidden Rain Village. Judging by the appearance of those two, we can safely guess that the game will cover the 4th Shinobi World War.