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The now 75-year-old filmmaker, famed for "My Neighbour Totoro," "Kiki's Delivery Service" and "Princess Mononoke" among many others, announced his intention to retire several times before declaring in September 2013 before 600 journalists that he really meant it this time. Since then, he has reportedly been working on a theme park for children.
In a television special titled "Owaranai Hito Miyazaki Hayao" ("The Man Who Is Not Done: Hayao Miyazaki"), Miyazaki talked about a short film he has been working on, a CG animated film called "Kemushi no Boro" ("Boro the Caterpillar"), what he described as "a story of a tiny, hairy caterpillar, so tiny that it may be easily squished between your fingers."
According to the special, Anime News Network reports, Miyazaki has been thinking about the concept for 20 years, and feels unsatisfied with it as a short film, hoping to expand it into a full-length feature. This, he hopes, could be done by 2019 or 2020.