Controls for the game have also been said to have been improved 'dramatically' as with the tempo of the game's combat mode. The change between the game's Adventure Mode and Combat Mode is also said to be more seamless than previous games, which involved a transitional change when encountering enemies whilst in adventure mode. The cities are also significantly bigger than previous games, providing more areas to explore in the game and is said to feature the greatest volume of play spots across cities in the series' history. Adventure Mode allows players to explore different areas and participate in side activities including mini-games and retro games such as Virtua Fighter 2 and Taiko No Tatsujin. Similar to past games, gameplay is divided into two components: Adventure Mode and Combat Mode. The gameplay is relatively similar to previous games in the series, with a few changes. A direct sequel titled Yakuza 6: The Song of Life was released in 2016. Yakuza 5 was followed up by the spinoff Like a Dragon: Ishin! and the prequel installment Yakuza 0 in 20 respectively. For the first time in the series, it features five settings across Japan along with five playable main characters.

The game features a new game engine, unlike previous games in the series that have been re-utilizing the same engine since Ryū ga Gotoku Kenzan!. Versions for Windows and Xbox One were released in January 2021. A remaster with improved resolution and frame rate was released for the PlayStation 4 on Jin Japan, and worldwide on Februas part of The Yakuza Remastered Collection. The game was released in December 2012 in Japan, and localized for North America, Europe and Australia as a PlayStation Network download in December 2015.

The game is the fifth main entry in the Yakuza series. Yakuza 5 ( Japanese: 龍が如く5 夢、叶えし者, Hepburn: Ryū ga Gotoku 5: Yume, Kanaeshi Mono, 'Like a Dragon 5: Fulfiller of Dreams') is an action-adventure video game developed by Ryu Ga Gotoku Studio and published by Sega for the PlayStation 3.

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