BANDAI NAMCO announces Tales of Arise will not be released this year as planned, due to "the ambitious nature of the project" along with the impact of the pandemic, which they say "has affected some aspects of development." As of now the JRPG sequel no longer carries any sort of official release window:

As you may have already seen in media stories and on our social media channels, we have made the decision to delay the launch timing of “Tales of Arise”, the latest title in the “Tales of” series.

The goal for Tales of Arise is to provide a familiar but innovative gameplay experience to fans of the series, while pushing the technical envelope to deliver a high level of graphical quality to impress both long-time players and those who have never played a Tales of game. Development on the title has move steadily forward in 2020 as we overcame challenges along the way.

While COVID-19 has affected some aspects of development, we’ve done our best to adapt to the situation and have implemented remote development capabilities for our team.

However, to achieve the quality and provide the gorgeous experience we envision for our players, we will need more time to realize that vision and therefore we decided to delay the launch timing for Tales of Arise.

A new launch window update will be provided once we have more details to share.

In the meantime, the determination of our development team has not weakened. It is always darkest before the dawn, as illustrated in the image below. We hope you will join us as a bring a new Tales of adventure to light.