- Japan: December 19-23, 2014 (Performance)
- Japan: July 30, 2015 (DVD Release)
Released after Persona 3: the Weird Masquerade -Ao no Kakusei-, its sequel, Persona 4 Visualive, and its sequel, Persona 4 The Ultimate in Mayonaka Arena is a stageplay based on the game of the same title. However, its cast is almost completely different than the previous productions, with only Mitsuru and Akihiko's actors returning. Oku Shutaro returns as the director and Jun Kumagai is once again responsible for the script. Shoji Meguro and Atsushi Kitajoh are credited for the music. It was performed at the Tokyo Metropolitan Art Space's playhouse from December 19-23, 2014. The final performance was also broadcasted on Japanese video sharing website niconico.
- Yu Narukami: Keisuke Minami
- Yosuke Hanamura: Ryo Hirano
- Chie Satonaka: Makoto Koichi
- Yukiko Amagi: Shiki Aoki
- Kanji Tatsumi: Eiji Takigawa
- Naoto Shirogane: Yuki Asakura
- Rise Kujikawa: Natsuko Aso
- Mitsuru Kirijo: Asami Tano
- Akihiko Sanada: Yuki Fujiwara
- Aigis: Kaon Miyahara
- Labrys: Kaede Aono
- Elizabeth: Asami Yoshikawa
- Fuuka Yamagishi, Ryotaro Dojima, and Margaret are the only characters who don't appear in the stageplay.