Oh yeah, we're firmly in budget PS2 land now
The game here is Kuon, a rare PS2 horror game from 2005. It, along with Haunting Ground and Rule of Rose, form a trio of low-print late-period PS2 survival horror games that ended up becoming ludicrously expensive on the secondary market in later years, fetching prices in the hundreds of dollars. I'm pretty sure buying copies of all of three games LEgiTiMAteLy could set you back a 1000 bucks, which is complete fucking nonsense and a reminder to thank the kind folks that run your friendly neighbourhood rom site.
Despite the obviously low production values, the game seems pretty fun so far. I'm digging the old-timey Japanese setting and the subject matter involving ghosts, demons, shrine maidens, magical paper charms and all sorts of other associated folklore and mysticism . It sort of feels like you're playing some hokey old Japanese horror movie. The perfectly antiquated 6th gen gameplay is very much up my alley too 
I wouldn't know, I haven't played any of the Souls games. Kind of interesting if it's some kind of signature artistic choice ๐ค