Rastan Saga
Platform: MSX 2
Region: Japan
Media: Cartridge
Controller: Keyboard
Genre: Adventure > Side-Scrolling > Hack & Slash 
Gametype: Undefined
Release Year: 1988
Developer: Taito
Publisher: Taito
Players: 1
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Rastan features five levels or hacking and slashing gameplay with a boss at the end of each level. Numerous enemies assault you on your journey such as flying demons, chimeras, valkyries, piranhas, skeleton undead and more. Fight through to the end and save the land of Lograth from certain doom.

The game features different weapons such axes, maces and fire swords, each with its own attributes like extended range or attack power. Armour can also be picked up in the forms shields, cloaks and armour, reducing the damage from enemy attacks. Other items include rings (increase the speed of your weapon) and jewelery for bonus points.
 
http://www.mobygames.com/game/msx/rastan