A third Yo-kai Watch movie is planned for next year in Japan

Less than two weeks before the debut of Yo-kai Watch: Enma Daioh to Itsutsu no Monogatari da Nyan! TV announcer Sayaka Suguru announced that a third film is on the way for Winter 2016. The announcement was made during a special event for the second film and unfortunately did not include any details about the movie.

Source: ManTan Web via Perfectly Nintendo