Forever Entertainment has signed a contract with Square Enix Japan, stating that they will remake several of Square Enix's games, with the first of these games most likely being Panzer Dragoon II Zwei: Remake. This is because Forever Entertainment originally released Panzer Dragoon: Remake in 2018 and was announced to be developing Panzer Dragoon II Zwei: Remake as per the official Panzer Dragoon: Remake Twitter.
Check out the announcement between Forever Entertainment and Square Enix Japan below (which has been machine-translated from Polish):
The management of Forever Entertainment SA _FE_ hereby announces the conclusion of a material agreement between FE and Square Enix Japan _Square Enix Co., Ltd._. from Japan.
The purpose of the contract is to create and release several game remakes based on one IP owned by Square Enix Japan. The name of this IP will be made public in a separate report once the global marketing campaign begins.
Remakes of all games will feature new visuals, but the gameplay and scenario will remain the same as the original version.
Interestingly, Square Enix will be receiving more than 50% of the revenue, a "significant portion", for each game sold on all platforms. This is due to the success of Panzer Dragoon: Remake, as Forever Entertainment is now prioritizing the acquisition of new remakes and productions as an important direction for the company's development. Forever Entertainment will also cover the costs "related to the implementation of the above agreement from its own funds", which really makes this an easy proposition for Square Enix. They will allow Forever Entertainment to remake their games on their dime and eventually collect more than 50% of the revenue. Not a bad deal, eh?
Given that this is based on one IP, it appears likely this will be one of Square Enix JP's flagship series - either Dragon Quest or Final Fantasy, although the SaGa series could be possible. This comes after Square Enix has had success with the recent Trials of Mana remake. The focus on a single IP though means we aren't likely to see deep cuts getting resurrected from the Japanese company's hefty backlog like Bahamut Lagoon, Just Breed, or The Portopia Series Murder Case. A remake of Final Fantasy VII though cannot be ruled out.
If you would like to read the full announcement, be sure to check it out here. For more information on the incoming remakes, Panzer Dragoon II Zwei: Remake, and all things Square Enix, stay tuned to TechRaptor.