Square Enix was really really good. But FFVII Remake was announced 4 years ago, and it's been teased for about 14 years. It's not a shocking new announcement. And to be quite honest, even though it looks great visually, I'm not a hundred percent happy with the gameplay and battle system they're going with. And I'm sure a lot of long time fans of the series will think the same.
They did well, but I can't give it to them myself. Nintendo won.