Perhaps an announcement on Final Fantasy 7 Remake Part 2 is in store?

Tetsuya Nomura, game director for Final Fantasy 7 Remake, says that Square Enix will be making various announcements throughout the month of June in honor of the 25th anniversary of the original game's release.

Nomura's statements come from a recent livestream for the Final Fantasy 7 spin-off, The First Soldier. RPGSite was watching when the announcement was made and has kindly transcribed what Normua said to fans hungry for more.

Final Fantasy 7 technically turned 25 years old in January of this year, but Square Enix decided to wait until June to celebrate it for whatever reason. The original game released in Japan for the PlayStation on January 31, 1997. The game wasn't released in North America until September 7, 1997. Europeans couldn't join Cloud and co. on their adventures until November 17, 1997. That's just how game releases happened back then.

The release of Final Fantasy 7 Remake first happened on April 10, 2020 for the PlayStation 4. We haven't heard too much about what has been happening with Final Fantasy 7 Remake Part 2 since at least July 2020 when it was said to have entered into full development. It is expected that at least one of the announcements coming in June will be related to Final Fantasy 7 Remake Part 2.

Square Enix does have other Final Fantasy 7 related projects either out already or coming out. These include The First Soldier, a mobile-only battle royale game, plus the mobile RPG Final Fantasy 7: Ever Crisis. An announcement concerning Final Fantasy 16 is also expected soon from Square Enix, but don't expect that to come as part of these announcements.