You know the comments about how Square Enix large-scale productions take forever to come out? How titles like Final Fantasy Verses XIII (now called and finished as Final Fantasy XV) were treated as jokes for years? Well…seems like FFVII Remake and Kingdom Hearts III will fall under that label if recent news means anything. Games take a long time to develop and it makes sense that both will take a while to release.

According to Square Enix president and CEO Yosuke Matsuda.
Final Fantasy VII Remake and Kingdom Hearts III will launch within the next three years, according to Square Enix president and CEO Yosuke Matsuda.
In an outline of Square Enix’s financial briefings for the fiscal year ended March 31, 2017, Matsuda said about the following slide: “This slide shows our release lineup for FY2017/3 as well as for FY2018/3 and beyond. We plan to launch each of these upcoming titles in the next three years or so.”

It’s a shame to see more Square Enix games enter deep development troubles but it makes sense, sadly. Both Kingdom Hearts III and FFVII Remake were announced to early and proper development likely started a year after their official announcements (and in KH3 case, it had to be ported into a Unreal Engine 4, after the FFXV engine was to troublesome to work with). We will hopefully see Kingdom Hearts III release next year, considering how the team is working with a great engine and 2018 has no Kingdom Hearts game announced so far.
Regarding FFVII Remake, I picture this as being the ‘Final Fantasy XVI’ project within Square Enix currently; they aren’t going to rush this. Not when other games like NeiR Automata, FFXII HD and other projects (including western ones from Crystal Dynamics for example) can fill the void FFVII Remake is leaving open currently.
Source: Gematsu