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this just makes me wish the phantom blood movie was released outside of theaters. it was critically panned by everyone (including/especially araki himself), but i like the aesthetic of junichi hayama and i'm morbidly curious about all of the changes they made in general.
I presume this is Umakoshi: timing, shading, linework and effects look like his. Especially how neck and clothes look at around 0:18.
He seem to be credtited too.