Suda51 revealed in a recent interview that the new No More Heroes game won't be a port or remake, but it won't release in 2017. He also has some interesting collaboration ideas for the game in mind.
Grasshopper Manufacture’s Suda51 made an appearance during the Nintendo Switch presentation, where it was revealed that a new No More Heroes game is in development for Switch.
When asked during this year's Tokyo Game Show about the possible timeline for a No More Heroes sequel, Suda51 said "I'm hoping it'll be 10 years or maybe earlier than that.”
During an interview at this year's PAX West, Grasshopper Manufacture's CEO mentioned wanting to work on a remaster of Killer7, as well as the Wii version of No More Heroes.