Knack 3.
No seriously, it's hard to say exactly what he means, but I believe he's saying they've seen Sony's western studios deliver AAA hit after AAA hit, and now it's time for Japan Studio to deliver a "high target" title that represents the Japanese creativity that only a Japanese studio can bring.
Is this a console Fate title? Is this the rebirth of Wild Arms? Or is this something new entirely. Suffice to say, Japan Studio is now woke (even though they already released my GotY last year, Astro Bot), and is ready to enter the big boy party.
Or, is this open to a different interpretation?