Disney reveals new ‘Star Wars’ details, ‘Incredibles 2’

Disney has a third “Cars” and a second “The Incredibles” movie in the works, but won’t be releasing a fifth “Pirates of the Caribbean” anytime soon.

At Walt Disney Co.’s annual shareholders meeting held in Portland, Ore. Tuesday, chief executive Robert Iger confirmed the two sequels from his company’s Pixar Animation Studios are in the works and will be released sometime after 2015.

Asked about another sequel to the hit “Pirates” franchise starring Johnny Depp, Mr. Iger said that another is “in development,” but “not officially greenlit.” “Pirates of the Caribbean 5” had been scheduled for release in the summer of 2015, but Disney delayed the movie indefinitely last September.

Mr. Iger also revealed only scant details about the company’s highly anticipated seventh “Star Wars” movie, scheduled to come out in December of 2015. He said it will take place 30 years after “Return of the Jedi” and will feature “some very familiar faces along with a trio of new young leads.” Although no cast members have been confirmed yet, the movie is scheduled to start shooting in May.

Fans of traditional hand-drawn animation received some disappointing news, however. In response to a shareholder question, Mr. Iger said there are no hand-drawn animated films in development at the company. Its last was 2009’s “The Princess and the Frog,” a box-office disappointment.

With a recent successful opening in Japan, meanwhile, “Frozen” will soon surpass “Toy Story 3” as the highest-grossing animated movie of all time, not accounting for ticket price inflation, Mr. Iger said.