Tokyo: The Last Megalopolis (1988)
Tokyo: The Last Megalopolis is a tokusatsu historical fantasy/science fiction epic film directed by Akio Jissoji and distributed by Toho Studios. It is the first cinematic adaptation of the award winning historical fantasy novel Teito Monogatari by Hiroshi Aramata. The movie was a notable success in Japan and helped propel the careers of some important figures in the Japanese film industry, such as Takashige Ichise (the producer responsible for the contemporary J-Horror boom who financed such films as Ringu).
More at Wikipedia.