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Square Enix to reveal new MMO by April 2012

Even though Square Enix has yet to iron out all the kinks in Final Fantasy XIV, it plans to announce a third MMO during its current fiscal year (ending March 31, 2012). According to CEO Yoichi Wada, the title will co-exist with the company's two existing MMOs, the aforementioned FFXIV and still-running Final Fantasy XI.

In Wada's recent investors presentation (translated by Andriasang), the CEO doesn't indicate when the company plans to launch the new title, but does say that the game should be announced before the end of the fiscal year -- so by next April. For now, Square Enix is focused on shaping up the troubled FFXIV in hopes of an eventual release on PS3.