Mega Twins. Chiki Chiki Boys. Arcade. The Women.

http://panelmonkey.org/html/mega-twins-chiki-chiki-boys-arcade-the-women.html

 I'm going to keep my first thoughts to myself.

And my second, third, fourth...

Mermaid yuri? Nah.

Doc C by mjkrzak.

http://panelmonkey.org/annex/balancepower/html/doc-c-by-mjkrzak.html

Mega Twins. Chiki Chiki Boys. Arcade. Player 1. Capcom.

http://panelmonkey.org/html/mega-twins-chiki-chiki-boys-arcade-player-one.html

Deka by mjkrzak.

http://panelmonkey.org/annex/balancepower/html/deka-by-mjkrzak.html

Anime Mine: Satori Azuma.

Satori Azuma from Bamboo Blade.

Dawg by mjkrzak.

http://panelmonkey.org/annex/balancepower/html/dawg-by-mjkrzak.html

Mega Twins. Chiki Chiki Boys. Arcade. Player 2. Capcom.

http://panelmonkey.org/html/mega-twins-chiki-chiki-boys-arcade-player-two.html

I think I see a few unused sprites.