Seimitsu LS-56-01 Joystick

A popular joystick, coveted by "shmup" fans due to the heavier spring and medium engagement distance.

The LS-56, paired with a Seimitsu octagonal gate, is considered to be the most formidable "shmup" joystick currently available today. 

This version is the 5-pin PCB variant (ie. generally for arcade stick and fightstick applications).