Twitter user Xenosaga came out with information from an interview with From Software developer Miyzaki, who worked on a number of games in the Souls franchise. He stated that three games were in production. Xenosaga detailed what they will be below.
Project 1: ARPG with dark fantasy setting similar to DS
Project 2: A reboot/new idea from previous franchise
Project 3: something new
— xenosaga (@xenosaga7) June 12, 2016
All three sound promising and maybe we might see one of them announced at this years E3 convention. Stay tuned for more information as this story develops.
Source: Xenosaga Twitter