In E3 of 2006, Square Enix announced Final Fantasies XIII and Versus XIII. For the next fourteen years there have been no announcements of a brand new offline mainline title with a wholly original setting and cast of characters. Over eleven years if you include the original Final Fantasy XIV. That has finally changed when in the latest Sony PlayStation 5 Showcase event, Final Fantasy XVI is finally revealed, and helmed by Creative Division III, with the revered Yoshi-P (Naoki Yoshida) serving as producer in this brand new project.
According to Yoshi-P himself on the PlayStation Blog, the next update for the game will be next year. The game's director, Hiroshi Takai, notes 'it may still be some time before we can get it into your hands'.