From VGC: “Shenmue creator Yu Suzuki has indicated that he doesnt have any concrete plans for Shenmue 4, but reiterated that he wants to make it more accessible to new players if it happens.
Suzuki was speaking this weekend at a special event to celebrate Shenmue in Yokosuka, the city where the series is based.
As reported by Famitsu, Suzuki discussed several topics, including the recently released Shenmue anime, and spoke about Shenmue 3 and his potential plans for a sequel.”
source: gamezpot.com