Dragon Quest XII: The Flames of Fate has been renamed to Dragon Quest XII: Beyond Dreams

During the 'Update from the Dragon Quest Team' stream, Square Enix fully revealed Dragon Quest XII: The Flames of Fate as Dragon Quest XII: Beyond Dreams. 

Square Enix confirmed that the team is hard at work on XII but due to a reshuffle and restart of development, it will be a bit longer before you will be able to play it. After hitting hurdles during development, it was restarted from scratch. You can find the new logo below:

Dragon Quest XII: Beyond Dreams is in development.