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During an a pre-Oscars interview with Toshio Suzuki for The Red Turtle, the producer apparently confirmed that, yes, Miyazaki is now working on a new feature film.

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Note that this is a correspondent for Kyodo News, one of Japan’s largest news agencies:

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According to the published Kyodo report, Suzuki said that Miyazaki has come out of retirement and was currently doing prep work. “Right now in Tokyo, he’s putting all his effort into making it [the feature].” Suzuki is producing the picture.

As reported previously, the idea was to have the film out before the 2020 Tokyo Olympics.