“Still have a way to go”
According to Tetsuya Nomura, we’re still going to a wait before these two major titles are ready for release. In his interview with Weekly Famitsu (translated by Gematsu).
In terms of Kingdom Hearts, it is said that development has been different than previous games. This making it harder to determine just where the game is at. But there are still worlds that being produced that are unannounced and are not ready to be show cased. And Final Fantasy VII Remake is also in steady production.
These are two largely awaited and anticipated titles from Square Enix. Tetsuya Nomura does apologize for the wait, but he’s making sure that the games are worth it. And while the wait will continue, Nomura also suggested that more will be showcased in upcoming presentations.