Adventures of Lolo 2 is so similar to its predecessor that upon quick examination, it's difficult to differentiate the two. The graphics have been improved so some of the monsters look slightly better, and the emerald boxes Lolo pushes now sparkle with a glassy sheen. While the first game ended in a rather anticlimactic cut-scene of Lolo defeating the Great Devil, in this installment the player gets an opportunity to fight him.
— Zachary Knowlton, All Game Guide
This game is also known as Adventures of Lolo in Japan.