Another week means more news about Persona 4 Arena Ultimax, and this time a new character has been revealed.
The latest issue of Japanese gaming magazine Famatsu has revealed that an older Ken Amada and Korumaru the dog from Persona 3 will be playable as a team.

Like in Persona 3, Ken will be using a spear and light based attacks from his Persona for longer ranged attacks, and Korumaru will be using a kunai and fire based attacks for his Persona for rushing in and keeping pressure on in close range.
This means that the Best Buy leak on their website a month ago was correct, as it mentioned that both Ken and Rise are playable characters in the game.
Also released today was another trailer for Persona 4 Ultimax that showed off the antagonist Sho Minazuki.

Sho is a brand new character to the Persona series, despite wearing the jacket that male characters wear in Persona 4 around his waist, and wearing an arm band much like the main characters of Persona 3 did. He hates other Persona users and wants to kill the other characters in the game. He also apparently comes up with really bad puns that annoy everyone else.
He uses a twin pair of swords and is a typical rushdown character with fast moves that combo easily. Most interesting about him is that he has a form with and without a Persona. When he has his Persona, he gains more zoning and ranged attack possibilities.
Persona 4 Arena Ultimax releases on August 28th in Japan, and September 30th in North America on Xbox 360 and PS3.