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Metallox said:

I'm on mobile so I can't snip, sorry for that. So, from what I understand, relations between executives of Namco Bandai and and of Monolith were dwindling significantly after Xenosaga 3, but are we sure Monolith wouldn't have been able to pitch the project to the company or other publisher nonetheless? What I'm absolutely certain of is that Chronicles X wouldn't have happened, so I'm eternally grateful that Nintendo bought the company. 

The project at that point had failed twice once with Square and again with Namco both big publisher other publishers weren't going to pick it up at that point after all look at Bayonetta it got pitched to everyone and was turned away until Nintendo who were the last remaining publisher. Even in the off chance the pitch got accepted looking at what happened with Scalebound MS interfered in the development to try and hit an audience the game was never aimed at with the forced multiplayer so very likely wouldn't be the same game as Takahashi noted to his surprise Nintendo were the only developer to give him as much freedom and time he needed.