He was talking about the company's earnings in fiscal 2006 at a finnancial meeting. But when asked about the financial year ahead and the launch of FFXIII, he said:

"It will still take more time," said Wada, in an article translated by IGN. "At the very least, [a release] this fiscal year is definitely out of the question."

Square Enix America has avoided commenting on it so far and has previously said it will have a demo of the game ready in time for this year's E3 conference, which runs from 11th to 13th July.