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Persona 4 Revival is set in Inaba, a quiet rural town in Japan. The story follows a high school transfer student who arrives at the start of a new school year and quickly becomes entangled in events that will define the year ahead. The official description calls the experience an unforgettable year shared with new friends.

Because this is a pre-release game, the details below reflect the publisher's official description. Further story details have not been confirmed.
The Town of Inaba
Inaba is the rural Japanese town at the heart of Persona 4 Revival. The teaser trailer shown at the June 2025 Xbox Games Showcase offered early glimpses of several locations within the town, including a high school classroom, the riverbank floodplain, and the shopping district. The world of Inaba is described as rebuilt with revamped, modern graphics.
The Central Mystery
The story revolves around a series of killings in Inaba and a rumored television channel that appears only on rainy nights. Investigation of both mysteries draws the protagonist and a group of companions into another world, a separate realm lurking beyond ordinary reality.
Personas and Shadows
As characters delve deeper into the mystery, they awaken Personas, described officially as the manifestation of their inner strength. These Personas are their primary means of fighting in the other world. The enemies encountered there are called Shadows. The relationship between a character's personal growth and the power of their Persona is a core element of the game's identity.
A Retelling
The publisher describes Persona 4 Revival as a retelling of Persona 4. Producer Kazuhisa Wada has stated that the goal is to create an experience enjoyable in a new and different way, rather than simply expanding the original's existing content. What specific story changes or additions this involves has not been announced.