Ryuuji Sashinami is brought before Dorssian 54th Military Tribunal on the charge of touting JIOR neutrality while constructing Valvrave weapons. At the same time, Shoko expresses her optimism for their future on the Moon to Akira. Raizo begins practicing with the Valvrave Three in order to lengthen its operation during combat. Meanwhile, Shoko along with her fellow students who now form the New JIOR government gather for a photoshoot. Here, Akira opens up to Shoko by speaking for the first time through a phone call. Although she soon erupts into a fit of panic after being overwhelmed by everyone's excitement to hear her speak, which is reminiscent of a traumatic experience she had in the past. Elsewhere, Saki and Haruto go around the city ruins for the day, visiting a bar and a movie theater. As Saki's feelings of wanting companionship are returned by Haruto, they are interrupted as Module 77 meets the Dorssian blockade en route to the Moon. As Module 77 prepares for battle, L-elf has the Valvraves move the Module away from the blockade, causing the Dorssians to peruse and break formation which coincides with his plan to have the Valvrave One's Harakiri Blade destroy them in one strike. Meanwhile, Admiral Delius Wartenberg threatens Ryuuji in an attempt to get Shoko to surrender. While she struggles to decide on a course of action, Valvrave One's Harakiri Strike annihilates the Dorssian forces, subsequently killing Ryuuji, much to Shoko's agony. Meanwhile, Cain, having predicted L-elf's course of actions, makes a surprise attack beneath Module 77, infiltrating it with a squadron of Dorssian soldiers and using a drilling Mech to begin ploughing straight through the heart of the Module. Haruto has Saki return him to the Module. As Saki laments on Haruto's actions to save Shoko, he surprises her with a sudden marriage proposal.
新政府発足ということで、新たに大臣に任命され、記念撮影を行うショーコたち。その一方、ハルトとサキは２人きりで無人の街をさまよう。
サキに対し、何も言えないままのハルト。そこにドルシアの大艦隊が迫る。
エルエルフの作戦で敵の陣形は崩され、逆転への布石は打たれた。だが、艦隊司令のデリウスは、ショーコの父であり元ジオール総理大臣の指南リュージを人質とし、降伏か父の死か、ショーコに非情な判断を強いるのだった。
중립지대 달에 점점 가까워지면서 학생들은 모두 기대로 들떠 있었다.
하지만 도르시아의 대함대가 달로 가는 길을 원천봉쇄하고 공세를 가한다.
한편 쇼코의 눈앞 모니터에는 도르시아 병사들에게 결박당한 아버지의 모습이...
隨著照子的當選，新的內閣也同時產生了。在大家都充滿希望，覺得一切順利的同時，該隱準備發動最後一次作戰了。在L-艾爾夫的調派下，佯動作戰也無法傷害在的77區組。但想不到，他們突然要求與新總理-指南照子通話，而通話的內容，竟是招降、並威脅將處決前總理指南龍次。
