Watch FMovies. Heihachi Mishima, head of the powerful Mishima Zaibatsu and respected martial artist, announces The King of Iron Fist Tournament in which contestants from around the world are forced to fight for the ultimate prize. Some seek to use the tournament for fame and fortune. Others seek the opportunity to test their abilities while others enter in order to gather intel about the tournament and the motives of those behind it. One seeks vengeance.