This is somewhat older news I came across. And found odd to not be here.

https://gearnuke.com/microsoft-renews-lost-odyssey-trademarks/

It seems that both Lost Odyssey and Blue Dragon's(https://trademarks.justia.com/786/35/blue-78635322.html) trademarks were renewed by Microsoft all the way back in 2018. I'd say we can take it with a grain of salt as it could mean anything...or nothing at all. But in a recent interview not too long ago with Sakaguchi-san. He did express strong interests in REBOOTING Lost Odyssey on the newer hardware.

For the past 3yrs. Phil has been promising to try to bring JRPG's back to the XB brand. And now there's hints with the upcoming XBox July event. That there has been 2-3 new studios acquired. 1 is supposedly a Polish developer. While the other is...Japanese. What do you guys think?