The One, the only, Joe Musashi (you could not do more tacky back in the day and that was 1993 on Sega Megadrive, the Genesis name for Europe, for probably the best 2D Ninja beat'em Up of all times).
http://www.youtube.com/watch?v=epdselGCXkI
for some nostalgic gameplay feedback
Joe had to be part of this gallery.
He has lost popularity over the years due to extreme competition from Ryu Hayabuza, the protagonist of Tecmo's Ninja Gaiden License, and we don't see him very much. There was a shinobi 3D that had nice features but maybe Joe just got old. Or he simply won and retired.
Joe Musashi, Shinobi III Revenge of the Ninja Master, Megadrive and Genesis are trademarks copyrights Sega corp.
Ryu Hayabuza and Ninja Gaiden mentioned here are trademarks and copyrights of Tecmo co, Ltd.
This is just Fan Art.
http://en.wikipedia.org/wiki/Shinobi_III