In Final Conflict, Mishaela returns, and although she doesn't appear to be any older than in Shining Force, this is explained later on this page. It would seem that Max and Adam are well established on the continent of Parmecia, so we can assume they have been there for some time (after all, the village of Hassan where they find themselves has developed into a fully fledged port in Final Conflict *3), and since Shining Force CD takes place 20 years after the original Shining Force, this seems like a fitting period of time. The events of Final Conflict are thought to happen at some point during or shortly after the events in Shining Force CD. Following their adventures in this game, some of the soldiers go on a quest to look for their long lost Hero, Max ( source: Shining Force II, old man in Hassan *1). Much of the plot is to do with the search for a magical sword, the Sword of Hajya (hence the name of the USA's Game Gear game). Ken, Luke (translated to Lug in the game) and Lowe from the original Shining Force are still around, as are the offspring and relatives of some of the original Force. Some of the other characters return home ( source: Shining Force CD introduction) to their homes and families.ΔΆ0 years later, in Shining Force CD, Anri has become the Queen of Guardiana. taking Max - and the Chaos Breaker - with him. The key thing to remember is that after Darksol gives all his remaining power to Dark Dragon, the Shining Force defeat Dark Dragon and he sinks with the Castle of the Ancients.
I don't think I need to tell you the whole story of Shining Force, as I'm sure you've all played it. until the hordes of Runefaust begin to attack, signalling that Dark Dragon may soon fulfil his long-forgotten promise ( source: Shining Force introduction).
Those thousand years pass, and the continent of Rune is at peace. Dark Dragon vowed to return in 1000 years ( source: Shining Force introduction). but the Ancients fought back with the Powers of Light, defeating Dark Dragon, and casting him into another dimension. One Thousand years before Shining Force, Dark Dragon threatened the Ancient Lands. and the mercenaries in Scenario 1 could have moved on to Creed's Mansion where they eventually joined in Shining Force II. This would mean that Arthur could very well be the same centaur, having moved to Parmecia to search for Max, and then ending up in Saraband. For example, Shining Soul's story implie that Shining Force III happened in a similar time period to the original Shining Force. Subsequent Shining releases from Sega (ie, Shining Soul onwards) cause conflicts and confusion in the original storyline and should therefore be regarded as a new chapter in Shining History, or perhaps an alternative timeline.
This chronology covers only the original Camelot-era Shining games.