This is a completed and painted, fixed-pose figure.
From the Good Smile Company website:
From the popular browser and smartphone game "Touken Ranbu -ONLINE-" comes a 1/8th scale figure of Monoyoshi Sadamune based on his standard standing illustration from the game! His gentle expression, nimble hands and feet, soft curly hair and various other details have all been faithfully included for the perfect rendition of Monoyoshi Sadamune - the sword said to bring good luck. Be sure to add him to your collection!