The Kick­start­ed Shen­mue 3 has been delayed until the sec­ond half of 2018. 

Project manger Yu Suzu­ki gave the announce­ment through an update on Kick­starter. In the video he does not give exact rea­sons for the delay. How­ev­er Suzu­ki does say the game is grow­ing big­ger than expect­ed due to new tech­nol­o­gy cre­at­ing more pos­si­bil­i­ties.   

Here is the full state­ment made by Suzu­ki.

It’s been over two years since we began this incredible endeavor together. By utilizing new technologies, we have been able to discover new possibilities and expressions. In many ways, the game has become bigger and more beautiful than I initially expected. We do, however, need more time to deliver the game to you.
In order to achieve the game concept you supported and my 16 year-long personal dream, we have revised the development schedule. We are moving ahead with a plan to release the game in the second half of 2018. Details will be revealed in the backer report later this month. Thank you very much for your understanding and continued support.”

Shen­mue 3 will not be at E3 so it is unlike­ly fans will hear more infor­ma­tion soon. If the game sticks to its cur­rent release win­dow expect it at next year’s E3.