The above illustration was released from Hayao Miyazaki's newest movie, Ponyo on a Cliff, which we announced yesterday here
Sosuke is holding a bucket with Ponyo inside.
Thanks to ANN for the image!
For Miyazaki's works on YJ:
Kiki's Delivery Service
Howl's Moving Castle
[Japan][Kiki's Delivery Service][ Spirited Away]
[My Neighbor Totoro][Miyazaki][Studio Ghibli]
[Ponyo On A Cliff]