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 Nikkari Aoe based on his standard standing illustration from the game! His charming facial expression, white cloak and long hair blowing in the wind have all been captured in careful detail to capture the mysterious Aoe in figure form. The sculpt has captured Aoe's character in beautiful detail and he is ready to stand by your side, so be sure to add him to your collection!
Figure size: Approximately 21cm in height.