TSUKIMICHI -Moonlit Fantasy- - Ending Explained

The central plot of TSUKIMICHI -Moonlit Fantasy- is driven by Makoto Misumi's rejection by the world's Goddess. Cast into the wasteland, he quickly learns his magical power is immense. His first major act is forming a servant pact with a superior dragon, Shen, whom he renames Tomoe. She becomes obsessed with his memories of Earth, particularly samurai films. Soon after, he pacifies the Black Spider of Calamity by feeding it his magic, and she becomes his second follower, Mio. Together, they create a pocket dimension, the Demiplane (Asora), which becomes a sanctuary for various demi-human races like orcs and dwarves that Makoto saves.

A major twist occurs in Season 1 when adventurers' greed leads to an explosion that kills one of Makoto's new orc friends. This transforms Makoto from a gentle protagonist into a ruthless avenger; he hunts down the culprit, cuts off her arms, and kills her without remorse. This event establishes that while he is kind to his allies, he is merciless to his enemies. Later, he enrolls in the Rotsgard Academy under an alias to learn more about the world and find a way to interact with humans. Season 2 largely focuses on his life at the academy, expanding his merchant activities, and a major conflict with the dragon-slayer Sofia Bulga, an enemy from the end of Season 1, which culminates in her defeat. Throughout this, the Goddess remains a background antagonist, annoyed by Makoto's survival and growing influence, and two other 'heroes' summoned from Japan are operating in the world, though their paths have yet to significantly cross with Makoto's. The finale of Season 2 sees Makoto solidifying his power base, with the stage set for future confrontations with the demon race and eventually, the Goddess herself.

One of the main alternative interpretations of the series revolves around Makoto's morality and whether he is a hero or an anti-heroic figure. While he is generally kind and protective of his followers, his actions in Season 1, Episode 11, where he coldly tortures and kills an enemy, suggest a darker, more utilitarian worldview. This has led to discussions on whether Makoto is truly a good person or simply a powerful being who is benevolent only to those within his small, accepted circle. His creation of the Demiplane can be seen not just as a noble act of creating a utopia, but also as an isolationist act, turning his back on the world's problems to create a personal paradise. From the perspective of the humans in the series, his immense, uncontrolled power and alliance with 'monsters' legitimately position him as a potential demon lord in the making, regardless of his intentions.