The following requirements must be met first before you can fuse this Persona:- Get the true ending.
- Max out the Fortune Social Link
Its going to take you about 2.5 playthroughs just to fuse Izanagi-no-Okami. If you need more info you can go here:
http://megamitensei.wikia.com/wiki/Izanagi-no-OkamiTo create Izanagi-no-Okami you need the following personas. I have also added the fusion recipes:
(Fool) Izanagi - First Persona you acquire.
(Strength) Sandman - Fuse
(Magician) Pixie +
(Justice) Angel
(Chariot) Nata Taishi - Fuse
(Chariot) Eligor +
(Chariot) Slime
(Moon) Girimehkala - Fuse
(Hangedman) Yatsufusa +
(Lovers) Undine or
(Emperor) Setanta +
(Devil) Lilith
(Fortune) Norn -
Must Max out Naoto (Fortune) Social Link to Create Persona.Fuse
(Fortune) Clotho +
(Fortune) Lachesis +
(Fortune) Atropos
(Emperor) Okuninushi - Fuse
(Priestess) Ganga +
(Star) Fuu-ki or
(Moon) Alraune +
(Fool) Ose or
(Lovers) Cybele +
(Strength) Titan
(Hanged Man) Orthrus - Fuse
(Temperance) Nigi Mita +
(Moon) Alraune
(Star) Kartikeya - Fuse
(Star) Neko Shougun +
(Temperance) Mithra +
(Fool) Black Frost
(Temperance) Mithra - Fuse
(Justice) Power +
(Strength) Oni or
(Magician) Hua Po +
(Chariot) Ares
(Priestess) Tzitzimitl - Fuse
(Judgement) Trumpeter +
(Empress) Skadi or
(Tower) Cu Chulain +
(Moon) Sandalphon
(Tower) Cu Chulainn - Fuse
(Star) Neko Shougun +
(Temperance) Mithra +
(Fool) Black Frost
(Fool) Legion - Fuse
(Fool) Obariyon +
(Fool) Ose