Director: Hideshi Hino
Contains: Kidnapping, gory (very realistic) dismemberment
Synapse: A man kidnaps a woman. She wakes to find herself strapped to a table and then is slowly dismembered by a man in a samurai costume.
It's been awhile. I've only seen clips (about half the flick total, maybe), mostly because I knew I couldn't get through the whole film. Amazingly well done fake snuff, though it's not something I ever, ever want to see again. It's gained a bit of notoriety within the gorehound community, though.