The Hanged Man Arcana belonging to the Confidant Munehisa Iwai is one of severalsocial linksthat the player can invest their time into throughout a playthrough ofPersona 5 Royal.

Forging an unbreakable bond with the menacing shopkeeper of the underground market will take alot of guts and careful calendar planning in order to maximize your efficiencyin obtaining max rank with Iwai’sConfidant.

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As the owner of the airsoft shop “Untouchable” in Shibuya, Iwai is a critical contact for you andthe Phantom Thievesas his resources and Confidant bonuses supply you with a whole host of armor, weapons, and perks on your ventures into Memetos and all of the palaces throughout Persona 5 Royal.

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Here, we will outline the timeline for the Hanged Man Arcana’s rank-up levels, skill bonuses, and dialogue options.

Iwai Intro Shop Dialogue

Munehisa Iwai Confidant Overview

On May 4th, you may receive a paper bag from Iwai containing a realistic-looking model gun.Your Guts rank must be level 4 (Dauntless) before you can inquire about the contentsof the suspicious bag.

Before unlocking the Hanged Man Confidant, you may speak to Iwai on any day of the week to unlock it as early as May 6th, even when he is otherwise unavailable. Aside from ranking up your social link, meeting with Iwai will raise your Proficiency stat.

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Iwai’s rank-up events for Rank 4 and 9 take place outdoors and are unavailable when the weather status is raining.

Persona 5 Iwai Shop Entering Social Link Conversation

Description

Starter Customization

Allows you to customize your gun and install upgrades.

Camo Customization

Allows you to customize camouflage on your gun, inflicting ailments on your foes.

Decreases the cost of gun customization.

Expert Customization

Unlock more parts for customization.

On the House

Allows you to customize your gun for free.

All ofIwai’s skills and abilities relate to significant boosts in effectiveness when engaging with his airsoft shopin Shibuya. Particularly, the ability to customize your gun, along with the discounts, is extremely beneficial to your damage output.

Ranking Up

Choosing certain dialogue options when interacting with Iwai can grant you significantly more social link points in your efforts to level up his Confidant and strengthenThe Hanged Man Arcana. The best dialogue options available and the points they will grant are listed below.

“If you want somethin', you’re gonna have to work for it.”

Persona 5 Royal Igor Fool Arcana Confidant Splash Art

Leave it to me. +2

As long as it’s safe… +1

So what’s my first job? +3

“…Sounds like there’s some weird stuff goin' down.”

Who was that guy? -0

What should I do now? +2

How’s your cold? +2

You will receive an additional bonus of +2 Proficiency for Rank 2

“The same clan I was in… back when I was part of the yakuza.”

I always knew you were a thug. +3

Oh. I, uh… have to go -0

Y-Yakuza!? +2

“…Hope I ain’t scarin' you off with all this talk.”

Not really -0

No, I like that stuff. -0

We made a deal, didn’t we? +3

You will receive an additional bonus of +2 Proficiency for Rank 3

“Anyways, nice job. I’m gonna be able to give Tsuda a real scare thanks to the info you gave me!”

Give it your all. -0

You two should play nice. +2

Where’s my reward? +3

“But now Tsuda knows your face. And that could be a real problem.”

I agree. +2

Is that a threat? -0

What’s the issue? -0

You will receive an additional bonus of +2 Proficiency for Rank 4

“He’s just got too much power…”

You’re so kind, Iwai. -0

You’re pathetic. +3

You should call the cops. -0

“…You prolly don’t want anythin' to do with me after that, huh?”

That’s right. +2

Don’t make assumptions. -0

I’ll stick around for the guns. +3

“But I gotta protect that secret, no matter what. For Kaoru’s sake.”

You’re right. +2

Is it really all for Kaoru? -0

Well, you got this. -0

You will receive an additional bonus of +2 Proficiency for Rank 5

“You two look like you’re havin' fun. What’ve you been talkin' about?”

Our futures. +2

That’s a secret. +3

“Ain’t that right?”

You should tell him, Iwai. -0

You should buy us something. +3

“Looked like you and Kaoru really hit it off. Glad to see you two get along.”

He’s my age, so it comes easier. +2

All I did was listen to him. +2

It’s part of the job. -0

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“I mean, don’t somethin' about that seem off to you?”

Not at all. -0

Absolutely. +3

I guess he likes guns? +2

“And now he’s tryin' to use me to cover up his mistake.”

That’s horrible. -0

He’s clever. +3

What a crafty bastard. +2

“But considering who we’re dealin' with… we can’t afford to take any chances.”

Bring it on. +2

I’m worried… -0

So what’s our first move? -0

Your Guts Rank must be MAX (Lionhearted) to proceed with the Confidant.

Tsuda: “I hope dealing with all this yakuza business hasn’t been too much trouble.”

It most definitely was. +2

I did it all for Iwai. +3

Actually, it’s been fun.-0

“Just forget all of this…”

I will. +2

I want to help you. +2

I can’t. -0

You must complete the request"Shady Deal in the Shadows"to progress the Confidant further.

For this request,Iwai becomes threatened into crafting guns for Tsuda and has no way to bailout of this precarious situation. He’ll explain Tsuda’s full name once you ask for it, and the request to eliminate a Lesser Shadow in Path of Kaitul: Area 4 will unlock for you.

“Hey, you think a guy can really go through a drastic change that quick?”

It’s not impossible. -0

I dunno. +2

He’s matured. -0

“I understand kids these days have all sortsa commitments, so I get it if the answer’s gotta be no…”

I’m back, baby. +2

I guess I could consider it. +3

If you pay me well. +3

“Seemed like he was on the level, but… can’t be too careful.”

Understood. +2

You worry too much. -0

Now let’s catch him off-guard. -0

You will receive an additional bonus of +2 Proficiency for Rank 8

“Serves him right, huh?”

That’s great news. +2

I feel bad for him. -0

Are you sure he’s still alive? +3

“Kaoru…”

Tell him the truth. +3

You need to trust your son. +3

“Guess you’re maturin' quicker than I even realized…”

Kaoru is really strong-willed. +3

He gets that maturity from you. +2

He’s a cool kid, huh? +3

“…The kid must’ve grown into a man while I wasn’t looking.”

Like father, like son. +2

Gecko bonds go beyond blood. +2

Why not newts? -0

Rank 10 (MAX)

It’s up to you now, Iwai. +3

Kaoru won’t lose. +3

Iwai’s kind of slow. -0

“I can’t be the only one who was saved by his change of heart. Wonder who else knows…”

It’s a coincidence. -0

Should we close up? -0

What if you’re right? +2

Additionally, you can get up to +3 Social Link points for accepting Iwai’s requests to hang out at Inokashira Park and the Planetarium while building your relationship.

Hanged Man Personas and Bonuses

Participating in Iwai’s shady work awards you with the ability to summon and fuse Personas of the Hanged Man Arcana. Below are all of the Persona associated with this Confidant.

Take-Minakata

Emperor’s Amulet

Hecatoncheires

Through your interactions and bond building, Iwai comes to terms with his criminal past and learns to open up to his adopted son, Kaoru. Completing the Hanged Man Arcana Confidant also bestows the ultimate form of the Arcana, Attis, the Castrated God.

Iwai also gifts you with a Gecko Pin on 3/19, which unlocks all customizations once the protagonist establishes Iwai’s Confidant in New Game Plus - a fitting nod to the dedication of your relationship with the often intimidating but always caring Munehisa Iwai in thebrilliant RPGthat is Persona 5 Royal.

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