Miyazaki says FromSoftware has unannounced games in development
Miyazaki said FromSoftware still has unannounced games in development, even as Kadokawa’s shareholder fight adds noise around the studio’s next moves. The message was cautious, not a hype drop.
FromSoftware is still not done filling out its slate. Hidetaka Miyazaki said the studio has unannounced games in development, a reminder that the company’s pipeline extends beyond the projects already in public view, even as Kadokawa’s governance fight keeps the parent company under a harsh spotlight.
That matters because FromSoftware is already juggling more than one known release. The studio has Elden Ring: Tarnished Edition and The Duskbloods on the board, both announced on April 2, 2025, and it said Elden Ring Nightreign shipped 2 million units worldwide on its release day, May 30, 2025. Miyazaki’s wording does not point to one giant secret sequel waiting in the wings. It suggests a studio that is still running multiple projects in parallel, with enough room for more than the current lineup.
The real signal here is about cadence and scale. FromSoftware was established in 1986 and began game software development in 1994, and the company’s track record has long been built on moving between large tentpole releases, expansions, and stranger offshoots without telegraphing every step. Miyazaki’s comments fit that pattern. They do not promise a Bloodborne revival, a new Souls-style fantasy epic, or another Elden Ring-sized swing. They simply confirm that FromSoftware is keeping work in flight beyond the games it has already named.
The corporate backdrop makes that caution read differently. Kadokawa said on June 11, 2026, that the Japan Fair Trade Commission had issued a notice, then followed on June 12 with a release opposing shareholder proposals tied to its medium-term management plan. Oasis Management has said it owns about 13.76% of Kadokawa and is pushing shareholders to vote against CEO Takeshi Natsuno at the June 24, 2026 annual general meeting. Oasis has also said proxy advisers ISS and Glass Lewis backed its campaign.
That is the pressure behind Miyazaki’s careful tone. Sony agreed to a capital and business alliance with Kadokawa in December 2024 and became its largest shareholder with a 10% stake, while Tencent disclosed a 6.86% stake in 2021 and later raised it to 7.97% in 2025. Against that kind of scrutiny, Miyazaki’s message lands as a quiet piece of reassurance: FromSoftware is still building, still insulated, and still planning beyond the games fans already know about.
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