Bandai Japan has announced that their first Pokémon which is part of the D-Art toy line of moveable figures will be Mewtwo. The figure is about 16cm tall and is made of ABS and PVC plastic so its quite durable when moving its parts around. The figure also comes with a limited edition Mew and a dedicated pedestal stand to display the figure. The figure is available for pre-order on November 1st, 2012 on Amazon.co.jp for 3990yen with its release on March 31st, 2013.
More pictures of the figure can be found in the imageboard thread by clicking here