Players assumed the role of Raikoh Minamoto, the undead warrior charged with the task of vanquishing the demonic infestation that plagued Japan's sacred capital. Continuing where the original left off, Otogi 2 puts players in the role of Raikoh, who is summoned once again to destroy the invading demons. This time however, he's not alone, and with the help of some new allies, Raikoh and his loyal followers will set out to destroy the demons once and for all and prevent darkness from consuming the world.
Otogi 2 received "favorable" reviews (although slightly less than the original Otogi) according to video game review aggregatorMetacritic. In Japan, Famitsu gave it a score of one seven, two eights, and one seven, for a total of 30 out of 40.
The game sold poorly, however. Responding to a letter questioning why Electronic Gaming Monthly ran such a short review on Otogi 2, Dan Hsu, editor-in-chief of the publication, stated, "As good of a game Otogi 2 is, we still have to acknowledge that relatively few people want to read about it." The game is not compatible with the Xbox 360.