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V-r0cK said:
Barkley said:

more commonly, though there are examples of Japanese developers slowing down as games get more ambitious.

Persona 3 - Development time (2-2.5 years)
Persona 4 - Development time (~2 years)
Persona 5 - Development time (5-5.5 years)

FFXIII, XIII-2 and Lightning Returns Combined Development Time (8.5 Years)
FFXV - Development time (10 years)

But have Japanese developers been keeping a steady pace at releasing games this gen compared to last gen, or are they also slowing down as well?

Going by years instead of generation (because it's easier)

Developer 2008-2013 2014-2019
FromSoftware 16 Games 8 Games
Capcom (Developer) 68 Games 37 Games
Platinum Games 7 Games 9 Games
Square Enix (Developer) 37 Games 39 Games
SIE Japan 29 Games 14 Games
Media.Vision 9 Games 8 Games
Sega CS1 R&D 10 Games 7 Games
Sega CS2 R&D 18 Games 12 Games
Nintendo EAD/EPD 39 Games 31 Games

Only Square and Platinum games have/will release more games in 2014-2019 than 2008-2013.