The Division has been delayed to 2016, Ubisoft has announced.

The title is now targeting a release during the fourth quarter of Ubisoft's financial year, which runs from January 1, 2016 to March 31, 2016.

The new date marks the second major delay for The Division which was originally due to release in 2014. Ubisoft has yet to comment on the reason for the latest delay.

Other Ubisoft titles, including Rainbow Six Siege and the recently announced Assassin's Creed Syndicate, are still on track for release later this year.

"We believe we have a great title in our hands and we are giving additional time to our developers to fully fulfill their creative vision," Ubisoft said in a statement provided to VideoGamer.com. "This decision proved right on WD [Watch Dogs] which clearly outperformed the targets we had set up for its original FY14 launch more than compensating for the extra development costs incurred."