During today’s stream, XSEED Games (with a pink keromin, even) has announced that they will be releasing Ys Seven for PC sometime during the summer. They have shown the game to be working already, displaying it in action on video.
This is not the same port as Joyoland made a few years back, but instead this is a completely new contract. It runs smoothly with high resolution and 60FPS. Tom has also confirmed that the game will have an updated translation, as well.
More information will be available from XSEED in the future.