The phrase refers to a highly specific niche within the vintage Japanese television and hosiery enthusiast communities. While it sounds like a string of random keywords, it actually points to a culture of archived media, retro fashion aesthetics, and the preservation of 1980s and 90s Japanese broadcasting.
in professional wrestling to historic children's publications like Dynamite Magazine
: A cult classic video game developed by the Japanese company Treasure, known for its "North Town" and "South Town" regional differences in its Japanese and Western releases. 2. Channel 13 in Japan