Both of them have Japanese pro wrestling backgrounds. I imagine they just decided backstage to stiff it out puroresu-style and see which one would be the first to fall.
Note to Takayama: don't go for knee thrusts while taking unguarded shots to the face.
That's funny, I can list at least a dozen ways it could have been more entertaining off the top of my head without even having to really think about it.
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