https://wccftech.com/new-kingdom-hearts-game-playstation-5-xbox-series-x/

The Kingdom Hearts series may make its debut on PlayStation 5 and Xbox Series X, but it is likely a new game would be released late in the console generation.

Speaking with Dengeki, as summarized by Siliconera, series director Tetsuya Nomura commented on the possibility of the series making its debut on the new console, saying that it would likely release late in the generation, pretty much like Kingdom Hearts III release late in the PlayStation 4 and Xbox One generation. He also added that the game would have to be stunning.