Bandai Namco original IP game projects general manager Katsuhiro Harada has confirmed that a Xenosaga remaster was considered, but shot down by the company.
“[A Xenosaga collection] actually progressed to the remasters plan, but failed in a profitable market analysis,” Harada said in a tweet. “Sorry guys, This plan will be difficult to resurface…”
Xenosaga Episode I first launched for PlayStation 2 in February 2002, followed by Xenosaga Episode II in June 2004 and Xenosaga Episode III in July 2006.
Source : https://gematsu.com/2019/12/xenosaga-collection-progressed-to-the-remasters-plan-but-failed-in-a-profitable-market-analysis