Resident Evil Revelations producer Masachika Kawata has admitted Capcom isn't too hot on the idea of returning to Onimusha or Dino Crisis anytime soon. According to the developer, Capcom's more interested in brand new IP right now. 

"Capcom has obviously never shied away from bringing back our older IPs to new generations, but I do think it's more important for us to focus on creating new IP as we move forward," he told Videogamer. 

Capcom had some success with Dragon's Dogma last year, and is probably hoping to keep chasing that rainbow. While it's sad we won't get to see followups to a pair of quality properties, we do spend all our time lamenting sequels and wanting new IP, so I'd feel hypocritical being mad at Capcom this time. 

I really do miss Onimusha, but I can look on the bright side -- the longer Capcom backs off it, the longer it'll take before we face the reality of an Onimusha co-op cover shooter with day-one DLC.

Onimusha & Dino Crisis sequels unlikely, Capcom suggests [Videogamer]