It’s called „dithering“ and is traditionally been used on Sony consoles because PlayStation couldn’t handle transparency and lighting very well. Back in the day it looked good on blurry crts.
Why capcom decided to use it on Kunitsugami I don’t know. Looks horrible honestly.

引用自 Power_Bert：

It’s called „dithering“ and is traditionally been used on Sony consoles because PlayStation couldn’t handle transparency and lighting very well. Back in the day it looked good on blurry crts.
Why capcom decided to use it on Kunitsugami I don’t know. Looks horrible honestly.

I hope there's a mod that will fix this... ridiculous.