Devil May Cry 5 director Hidetaki Itsuno says that he considered making Dragon’s Dogma 2, but ultimately decided to pursue Devil May Cry 5 instead.
In an interview with VG24/7 (via a translator), Itsuno said “So, when the discussion came up for Devil May Cry 5, I went to Kenzo
and I said… look, I want to make either Devil May Cry 5 or Dragon’s Dogma 2 next. He said ‘okay, do whatever you want. Do whichever one you want.’ So I thought, alright, y’know what… let’s do DMC5. So we did that.”
“Here we are – we’re now finishing up DMC5,” continued Itsuno. “But I had ideas for Dragon’s Dogma 2 at the time as well… I’ve always got maybe around four different titles in mind, maybe about four different ideas that I’d love to make. But there’s a difference between the titles that I’d love to make and the titles that I think I should make next. But here we are, we’re here, and… I’m already gearing up for my next project. We can’t say what it is, but we’re looking forward to getting to work on it.”
Source: IGN.com Devil May Cry 5 Director Considered Dragon's Dogma 2