Yoichi Wada(Square Enix CEO) gave a reasonable condition on when remake of Final Fantasy VII will be made.
During the Q&A session of the company's annual shareholder's briefing, Yoichi Wada was asked the expected question about the remake. He responded , we'll make a Final Fantasy VII remake once we've made a Final Fantasy game that exceeds the quality of Final Fantasy VII.
Final Fantasy VII Playstation 3 Tech Demo
Yoichi Wada admitted that at present, the company is not making Final Fantasy games that exceed the quality of Final Fantasy VII. If they were to release a Final Fantasy VII remake right now, the Final Fantasy franchise would be done with, he said.
While the staff would happily make an FFVII remake, this is something that if they decided to do, they'd have to give it their full effort.
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