Looks like it. A User by the name of Conegamer at gamrConnect noticed that The Last Story‘s Metacritic page has posted a release date of June 19, 2012. Conegamer does point out that Metacritic has been wrong before, but with many signs pointing to an ambiguous Summer release for the game, Metacritic may not be too far off.
Remember kiddos, Xenoblade gets release on April 6, a Friday. Those that pre-ordered get a snazzy artbook. Though I’ll have to confirm with Gamestop if those artbooks apply to those that preodered before or after they said it. And to U.K. gamers, GAME doesn’t have The Last Story in stock. So you might have to look elsewhere for your TLS fix.