Polished but lacking some vital spark of energy, or perhaps it was just that I found it tiring having to read subtitles, as there doesn't appear to be a dubbed version available, unlike most of the Italian and German ones. I much prefer dubbing because it means I'm free to use my eyes for fully appreciating the visual aspects of the film. I'm just not much of a multi-tasker I guess.
However after a second viewing, I think I've put my finger on the problem, it's with the sound track. The on screen action is fine, but the music rarely provides any assistance to help generate suspense or tension. Even if most Eurospy themes are melodramatic and overwrought, they at least bring some energy and help set the appropriate mood, while the music in this one is either non-existent or more like travelogue music, lacking the punch and drama required (the scene where the Combi van is crashed being a classic example, with a cheerful tune played during what should be a moment of great peril.)
Japan provides suitable exotic locations (a year before "You Only Live Twice") and a somewhat stylish super-tanker makes for a decent villain's lair in the finale (although it only has a medium size door in the side, big enough for a launch size boat, rather than a ship swallowing front maw like the one in "The Spy Who Love Me"). There are several excellent fight scenes, the screenplay is good with a decent plot and adequate dialogue.
Frederick makes friends with a couple of attractive women. Marina Vlady brings the beautiful ice queen who eventually melts, and Jitsuko Yoshimura brings the cute and perky, yet sensual local flavour (as when she playfully bites Fred's finger while bidding him farewell).
Eventually, after all the usual spy shenanigans, being followed or chased, chasing or following, getting knocked out, escaping from traps and ambushes, Fred identifies the bad guys, locates the lair and saves the day in suitable fashion.
Overall a solid, if unexceptional, effort
Best quip
Marina - "Have you ever been called a cad?"
Fred - "No. I kill people before they have time to say it."