In an interview with Japanese magazine Famitsu, Square Enix director Tetsuya Nomura gave an update on the development of Final Fantasy VII Remake and Kingdom Hearts III, and the news is that neither is coming out any time soon.
When asked about the development status of FF VII Remake Nomura replied, "We're making steady progress on its production. While we are indeed working on it, I think we'll have you guys wait a little longer for both Kingdom Hearts III and Final Fantasy VII Remake... The release of these titles will still be a while."
Earlier in the interview, Nomura said that there were worlds in KH III that "still remain untouched," and that "as far as development status goes, there's still a ways to go."
At least, however, Nomura did say he hopes to show the progress of both titles at an event this year.
[Source: Famitsu via Siliconera]
Even with the recent release of new screens for Kingdom Hearts III, it's not surprising that neither it nor FF VII are not imminent given how relatively little we've seen of either.