Yes, you read that correctly.
In a recent post to the official Persona blog, Persona 4 Arena director Kazuhisa Wada divulged some information pertaining to the story mode being included in the game’s console release. According to Wada, P4A has been created as an official sequel to Persona 4, and will detail events that happen after the initial game’s story over the course of 30 to 40 hours of play time. The story will play out in the same visual novel style as Arc System Works’ BlazBlue titles, and will be fully voiced throughout.
While it’s been obvious for quite some time that the story mode would would extend past the events in Persona 3 and Persona 4, the amount of work they’ve put into creating a great experience for fans of those games definitely extends its appeal past just the members of the fighting game community. They also released a better quality version of the story mode trailer that was previously shown on Famitsu.
Persona 4 Arena is set to release on July 26th in Japan and August 7th in North America for both Playstation 3 and Xbox 360.