You must get the rank of the 1st Dan.

When you go into VFTV Movie Theatre, hold left on the d-pad when pressing X to select the Wolf-El Blaze or Eileen demo movies. The movies will now feature your customized versions of those characters.

In Quest Mode, you must finish the first orb disc.

You must finish the Time Attack Mode.

You must complete the arcade mode with every character one time.