Unlike previous villains, Sho Minazuki is a "Persona-user" who doesn't actually have a Persona at first; he relies on raw combat skill until he merges with his other half, Minazuki .
A special DLC chapter (often included in modern versions) follows Tohru Adachi , providing a redemptive arc where he begrudgingly assists the heroes from the sidelines [1, 3]. Persona 4 Arena Ultimax
The teams defeat Hinokagutsuchi, Sho disappears to find his own path, and the red fog lifts, finally bringing peace to Inaba and closure to the Persona 3 and 4 casts [3]. Unlike previous villains, Sho Minazuki is a "Persona-user"