Everything revolves around the new school counselor. He is a modest character, but it is extremely important that the Phantom Thieves improve his arcane. If you don't, you'll miss out on all of the unique events of the third semester, including a trip to a new palace, a new boss fight, and new ultimate characters. It's a lot of stuff, and that's basically why I'm replaying the game. Don't miss out.
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To access the new third semester events exclusive to, you must reach rank 9 for the Councilor Arcana by 17st November. If you're not at Rank 9 with Advisor Arcana, you won't be able to discover anything new - you'll just get the standard endgame scenario.
Councilor Arcana belongs to Takuto Maruki. He's a major new character that you can find in the school - he spawns in Shujin Academy after Kamoshida Palace is completed. The school counselor is a quick friend and keen to understand the cognitive psience behind the Phantom Thief phenomenon.
Raising the Arcana Advisor's level improves your ability to randomly remove status effects or recover SP when you're low. The higher your Confidant rank, the more you will be able to recover. It's totally hit and miss, however.
On November 17th, if you have reached rank 9 with Takuto Maruki, you will automatically reach Rank 10. This is when some great endgame events will begin, and you will take your new path to a completely optional final boss battle.
