In the latest issue of Japan's Dengeki Playstation, Square Enix's resident renaissance man Tetsuya Nomura commented on the question fans around the world have been eagerly asking since days after Kingdom Hearts II was released--when are we getting Kingdom Hearts III?
According to Nomura, Disney has already approaced Square Enix about another Kingdom Hearts title. However, the Kingdom Hearts II team is finishing up work on Final Mix+, the enhanced version of Kingdom Hearts II; after completing their current project, the Kingdom Hearts team is going straight to work on Final Fantasy Versus XIII. Nomura stated that he felt it was "not the right time to talk about the future of Kingdom Hearts."
With Nomura focused on a wide variety of projects--including the remix of Kingdom Hearts II, the Blu-ray edition of Advent Children, and Final Fantasy Versus XIII--it doesn't look like work on another Kingdom Hearts title will begin any time soon. But with Square Enix releasing so many other products in the coming months, perhaps keeping Kingdom Hearts III on the back burner isn't such a bad idea after all.
[Source: IGN]