The June issue of Kadokawa Shoten's Newtype magazine is revealing on Monday that the Gainax anime studio's new work is titled Panty & Stocking with Garterbelt. Hiroyuki Imaishi (Gurren Lagann, Dead Leaves) is directing the project with assistant director Masahiko Otsuka (FLCL, Gurren Lagann, Pom Poko.) As revealed at the Gurren Lagann Parallel Works 2 event on Tuesday, Atsushi Nishigori (Gurren Lagann) is the main character designer of the new anime, and another Gurren Lagann veteran, Yoh Yoshinari, is drawing the concept art. Designer Shigeto Koyama (Eureka Seven, Gunbuster 2, Gurren Lagann) is acting as a "coordinator."

The story centers around a teen-celebrity-like blond-haired girl named Panty and a black-haired Goth Loli girl named Stocking. The two are angels sent from the heavens to battle the "Ghosts" on Earth.