Ep. 11: Sokichi and Yuta flee to Red Valley where Nae dies after revealing Eijiro's past murder and revival plot.

Sokichi assists Yuta in escaping to the Red Valley, where Yuta recalls a stone signal arranged with Nae for their departure day. Yuta denies creating the signal, suspecting another party. Eijiro and his subordinates intercept the girls, stabbing Nae with a cane sword. Eijiro confesses to setting the signal to test Nae's loyalty, then killing her in a jealous rage when she attempted to leave with Yuta. He explains that after decades of searching, he finally located mermaid ashes to revive Nae's pristine corpse in the Red Valley. Mortally wounded, Nae staggers into the valley, remembering her death there. Yuta and Sokichi evade Eijiro's men, and Yuta embraces Nae as she recalls the past and dies. As they depart, Yuta questions Mana about jealousy, prompting a cheeky response regarding dessert.
Episodes
- Ep. 7 · Yuta recalls Natsume, an immortal girl resurrected with mermaid liver, who dies after the monk removes her organ.
- Ep. 8 · Yuta and Mana encounter a boy named Nanao who reveals a dark family secret involving his mother.
- Ep. 9 · Mana escapes a scarred woman who replaces her face with Nanao's mother's visage after consuming mermaid flesh.
- Ep. 10 · Yuta and Mana investigate the Kogure family grave and encounter Nae's tragic past.
- Ep. 11 · Sokichi and Yuta flee to Red Valley where Nae dies after revealing Eijiro's past murder and revival plot.
- Ep. 12 · Yuta and Mana encounter Masato, whose mother returns from death after a boat accident.
- Ep. 13 · Masato's Ancient Past and the Aftermath of the House Fire