The Princess Blade (2001)

A 'reimagining' of Kazuo Koike's four volume manga, Shurayuki-hime, that places it in the not-too-distant future. It starts out okay but actress Yumiko Shaku is much too frail looking to be believable as the assassin Yuki and as it gets deeper into the story everything goes kind of limp.
Donnie Yen was responsible for the choreography and it shows; it's balletic stuff that resembles a high-octane Chinese action flick.
If you prefer your Japanese movies to be more subtle and traditional, then you may want to seek out the first Lady Snowblood film instead, Blizzard from the Netherworld (1973), for a vastly superior take on the same story.

1½ crunchy worms out of 5