Artist Kevin Derken took two of the Japanese things he loved most—Maschinen Krieger and Studio Ghibli—and mashed them together for this. He calls it the S.A.F.S. Totoro. I call it awesome.
S.A.F.S. stands for "Super Armored Fighting Suit", while Totoro is the cute character from the classic anime My Neighbor Totoro.
Previously, Kotaku featured Derken's pixelated take on the Kenner Star Wars figures.