John Lasseter, who directed the first two 'Toy Story' movies, will direct the fourth instalment of the animated film, reported the Huffington Post.
"We love these characters so much; they are like family to us," Lasseter said in a statement.
"We don't want to do anything with them unless it lives up to or surpasses what's gone before. 'Toy Story 3' ended Woody and Buzz's story with Andy so perfectly that for a long time, we never even talked about doing another 'Toy Story' movie.