Correctly named in English "Ninja Master's Scrolls of the Supreme Arts" or Ninja Master's Haoh Ninpou Chou", a game by ADK which is probably their best title in the graphics department alone. While sprites are not that colorful or appealing at first glance, it's the details on their several animations the one which is charming. Let's notice that character not only have armed and unarmed combat styles, but the chain combos in the game produce more attacks that you aren't going to see otherwise and those special animations are also different depending on the lack or usage of weapons.

Credits to nico user : naozero2

Title : ニンジャマスターズ 覇王忍法帳 超必殺技集

Source : http://www.nicovideo.jp/watch/sm3712028

Description : ( д)垢停止くらったので再UP、コンボ集でもダメージ検証動画でもありません

超力必殺・真超力(体力点滅)・闇コンボ・闇超力(相手体力1/4以下)を収録

超必殺技集【他】→http://www.nicovideo.jp/mylist/720409...
OP/ED集→http://www.nicovideo.jp/watch/sm3736597
【追記】
再撮・画質改善版　http://zoome.jp/naozero/diary/17/