The original Death Note and its sequel grossed more then $67m in Japan.
The spin-off, directed by Hideo Nakata and starring Kenichi Matsuyama, is scheduled to start shooting in July.
Golden Harvest is aiming to release the film in Hong Kong and Taiwan at the same as its Japanese release in the first half of 2008.
As with the first two Death Note films, production and planning of the spin-off will be handled by NTV and Warner Bros Japan will distribute domestically.
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