This is the second live concert, featuring songs from all previous musicals and guest starring members of Fudomine, St. Rudolph and Yamabuki.

Graduation show of Endo Yuya. Performed at Tokyo Bay NK Hall on May 4, 2005.

Yanagi shared the role of Echizen with Endo in Dream Live 2nd, but he only appeared in a few still-acting scenes, while Endo performed throughout the majority of the show.

This features the second generation Seigaku cast and the first generation Fudomine, St. Rudolph, and Yamabuki cast.