New Japan Pro Wrestling World Heavyweight Championship v2
This 2nd edition of the IWGP v5 championship features a few differences from the v1.
First, the side plates are an inch smaller.
Second, the snap boxes have been swapped to the other side in order to make the belt more ergonomically friendly to unsnap and hold up.
The stacked New Japan logo on the tip is now a 3d domed piece and finally, the dragon scale tooling on the snap boxes has been rotated to it looks like layered scales now.
This the is the belt introduced and being used by Will Ospreay.