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Cynical claims in his latest video that a source told him SE is planning their own presentation/showcase in February and that’s why we haven’t heard anything at TGA, etc.
Definitely take it with a grain of salt, but I think this would actually track. They need to save the money on marketing and it’s cheaper to do it internally. It would likely be shortly after the rumored Switch 2 reveal, so they’d be free to show any games in development for that platform. And obviously they are backed up on announcements and have a lot that could generate significant hype for their own event. DQ1&2, DQ12, FF9, Remake Part 3 name reveal, ML, KH4, new Yoko Taro project, new Yoshi-P project, etc.
This would also be a prime time for a re-reveal of KH4 two months ahead of SWC, which makes sense for the Star Wars reveal.
The question is if the Switch 2 can actually run KH4 because of UE5.