Atlus is no stranger to surprise announcements, and 2025 may continue that trend in a big way. The publisher/developer delivered a lineup of critical and commercial successes last year, including Persona 3 Reload, Unicorn Overlord, Shin Megami Tensei 5: Vengeance, and Metaphor: ReFantazio, and it may be gearing up for another impactful run. Specifically, a new report suggests May could finally bring a long-awaited update on Persona 5: The Phantom X, while June may deliver confirmation of a Persona 4 remake at the Xbox Games Showcase.
If both announcements come within a short window, it could mark a defining moment for the Persona series. Even though 2025 may not see Atlus match the number of games it released in 2024, the sheer significance of these two titles—Persona 5: The Phantom X being a new gacha spin-off, and the other potentially serving as a full reimagining of a beloved entry—could be enough to keep fans engaged and excited for what’s next.

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Persona 5: The Phantom X May Be Imminent
Persona 5: The Phantom X is already listed on Steam, with regions pending and no release date yet confirmed. The absence of those details could be addressed in May, though, as announcements about both the English and Japanese versions of the game are expected then. The game, a gacha-style RPG for PC and mobile, borrows heavily from the look and feel of Persona 5, with new characters, palaces, and an energy-based gameplay loop.
This means players may face daily stamina restrictions and rely on randomized character pulls through gacha mechanics. While this model is common in mobile games, it may be a point of tension among fans who prefer traditional progression. Still, the promise of a new Phantom Thief story, original characters (like Wonder and Arai), and animated cutscenes may be enough to keep dubious gamers excited. Even its social sim mechanics seem intact, echoing the heart of what made Persona 5 so memorable.
If the May update includes a release window, it will mark a major step forward for the global rollout of The Phantom X. Given the game’s visual polish and narrative ambition, its arrival could create a new entry point for international audiences, especially those interested in bite-sized Persona experiences.
Persona 4 Remake Could Follow in June
If the rumors hold, the momentum created by The Phantom X could be matched by a bombshell reveal in June. According to industry insiders, Atlus may announce a Persona 4 remake during the Xbox Games Showcase on June 8. What form the project takes remains unclear, but given the full remake treatment that Persona 3 received with Reload, expectations are understandably high.
Persona 4 Golden is one of the most beloved RPGs released on the Vita in the 2000s, and it was praised for its small-town murder mystery setting, memorable characters (like Kanji and Naoto), and its balance of daily life with dungeon-crawling combat. A remake could allow Atlus to refine the dungeon system, improve the pacing of the Midnight Channel segments, and potentially offer expanded story paths or social links.
Atlus modernized Persona 3 with Reload, adding full voice acting, new animations, and revised mechanics, and Persona 4 could benefit from the same treatment. The aesthetic would likely lean into the bright, saturated palette of the original, updated through current-gen technology. A reveal of a Persona 4 remake in June would immediately add a new game to fans’ lists of most anticipated upcoming RPGs.
Atlus Is Hitting a Confident Stride in 2025
While fans wait for information on both games, Atlus has already shown strong momentum in 2025. Raidou Remastered: The Mystery of the Soulless Army is set to launch on June 19, bringing the cult-classic Devil Summoner spin-off to modern consoles. Originally released in 2006, the game blends real-time combat with a detective-driven narrative, and it is considered one of the more experimental entries in the Shin Megami Tensei universe.
This remaster not only modernizes the gameplay and visuals, it also shows Atlus’s willingness to revisit its niche titles. With fan demand for remasters of Digital Devil Saga, and other PS2-era RPGs, still high, Raidou Remastered may be a signal of more to come. This backward-looking strategy complements the publisher’s new IP efforts like Metaphor: ReFantazio, which wrapped up the 2024 lineup with acclaim for its blend of medieval themes and social progression.
If Persona 5: The Phantom X and the Persona 4 remake arrive as expected, Atlus will have balanced nostalgia and innovation once again. Even though The Phantom X leans heavily on mobile trends, its narrative continuity with Persona 5 gives it weight. Meanwhile, the potential of a Persona 4 remake could offer both returning fans and newcomers a fresh chance to explore one of Atlus’s most popular stories.

Persona 5: The Phantom X


- Released
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April 12, 2024
- Developer(s)
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Black Wings Game Studio
- Publisher(s)
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Perfect World Entertainment, Atlus
- Engine
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Unity
- Number of Players
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1
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