Well, it's not the large-scale, unannounced project he's been working on, but it's a game he's provided the original concept for. I guess this proves he's still at SQEX and too busy to direct or produce this game. FFXV or whatever he's working on must be really taking up his time.
http://www.square-enix.co.jp/smart/gc/ --- "JRPGs are not mainly about story. That's just a trend FF started. Look at the huge sales of Pokemon. Do people buy it for the story? Hell no! " ~ Vex