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Kitase went on to make a comment about raising the quality bar "part way through Final Fantasy 7 Remake’s episodic release if a new generation of consoles is released."

I expect FF7 R, FF7 R-II and FF7 R-III will be released over three years, when they talk about an episodic game I think it'll be more akin to a full trilogy of games, they're gonna milk this, and due to the long release schedule it's not a surprise that PS5 may launch before the third entry is thrown out.

We'll see the first game/episode released before the release of PS5 easily.

2018- FF7R: Episode One

2019 - FF7R: Episode Two

2020 - FF7R: Episode Three

PS5 will launch either November 2019 or November 2020.