Elden Ring director reveals unannounced titles amid shareholder dispute

Elden Ring director reveals unannounced titles amid shareholder dispute

FromSoftware

Elden Ring director Hidetaka Miyazaki confirmed that FromSoftware has unannounced games in development, and that nobody is telling the studio what to make.

Miyazaki made the comments in a statement to Japanese outlet Denfaminicogamer as a response to questions about a shareholder dispute at KADOKAWA, FromSoftware’s parent company.

It was a typically quiet answer from someone who rarely speaks outside of official events, but two things were clear: there are games coming that nobody knows about yet, and the studio is in good shape.

Miyazaki confirms unannounced FromSoftware games

He said he was “broadly satisfied” with FromSoftware’s current development environment, that the studio worked without excessive interference, and that keeping it that way was his top priority. Then, almost as a footnote, he asked fans to look forward not just to announced titles but to “unannounced titles beyond those.”

Elden Ring director reveals unannounced titles amid shareholder dispute

FromSoftware

Whatever those unannounced titles are, FromSoftware isn’t saying, though reports have pointed to a multiplatform project in advanced development – not mention that 2026 happens to be the tenth anniversary of Dark Souls 3.

The comments came in response to a question about a shareholder dispute at KADOKAWA. Hong Kong-based activist fund Oasis Management, which holds 13.76% of the company, recently overtook Sony as its largest shareholder, and is pushing to oust CEO Takanori Natsuno at the June 24 annual general meeting.

Part of its argument is that KADOKAWA has badly underused FromSoftware, which is something fans had been watching nervously, not least because this is the same fund whose founder once suggested Nintendo charge players 99 cents just to make Mario jump higher.

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Miyazaki’s answer, read plainly, was that none of it has reached anyone actually making games.

Miyazaki previously hinted that a return to the Lands Between remains on the table, and the studio’s ownership picture grew considerably more complicated when Sony became a major KADOKAWA shareholder in late 2024, before Oasis overtook it.

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