I’ve actually never played this game before, but this tournament(?) of matches for an (I’m assuming relatively) obscure Neo-Geo title with the timer set to only one second is beautifully insane:
A port of the title to PS4 was released last week, and you can buy that here for $7.99.
It’s been confirmed the one-second round timer is possible in the port:
If anyone knows any of the other rules that were used in the Japanese tournament video, let me know; it looks like it’s at least set to Level 1. I’m not sure there are any other settings that matter. :)