They're still planning stuff, and hoping to get something together, but currently everyone's busy with their own careers.
Gackt: Acting
Miyavi: World Tour
Sugizo: Touring/supporting every band under the sun (or so it seems
)
Yoshiki: Obvisouly, X Japan reuniting has taken up a lot of his time.
I think they'll release something eventually, just don't hold your breath for it to be this year.