Nioh and Nioh 2 are both great games that have touched the hearts of the fans and have them craving for more. There is no information regarding another game in the series and while reports would have us believe that the Nioh 3 is not in development right now there is still hope.
Nioh franchise director Fumihiko Yasuda recently mentioned that the story of Nioh is over but he went on to clarify that is not set in stone. He teased Nioh 3 and mentioned the following regarding the matter:
The Nioh team will continue to support the games through updates, but after that, the team will take on the challenge of developing other new titles….. l don’t know when it will be, but I want to utilize the experience the team gains from these new titles in order to create a sequel that will surpass both Nioh and Nioh 2.
Fumihiko Yasuda mentioned that the studio has more than 200 employees and there are 3 development teams that are working on projects. Yosuke Hayashi talked about how the developer uses its experience from one game to work on another and how the developer challenges itself by not sticking to the same genre. The following is what he had to say regarding the matter:
In order to Utilise the know-how we accumulated from Dead Or Alive, we developed the Ninja Gaiden series, and in order to utilize the know-how we gathered from that series we developed Nioh instead of putting all of our efforts into one genre, I think it’s vital for a game development studio to utilize your knowledge and experience by boldly taking on the challenge of developing a title in a genre that will make full use of your skills. If we are able to find a way to Utilise the knowledge and experience we gained from developing Nioh in a fighting game, I would like to try challenging our team to create a very innovative fighting game.
Source: Edge Magazine June 2021