Eleven matches were contested at the event. The main event featured Atsushi Onita taking on his longtime rival Masashi Aoyagi in an no ropes electrified explosive barbed wire barricade double hell match. Onita won the match by knocking out Aoyagi. Another important match on the event was a street fight deathmatch between Mr. Pogo and Mitsuhiro Matsunaga, which Pogo won. The event also marked Eiji Ezaki's return to FMW after having worked in Mexico and his first match in FMW as Hayabusa, in which he took on Sabu in a winning effort.

At the 5th Anniversary Show, Genichiro Tenryu defeated Atsushi Onita in a match which stipulated that if Onita would lose then he would be forced to retire from wrestling. However, after the match, Onita revealed that the retirement stipulation would be for the next year's Anniversary Show and began a retirement tour that would take place throughout the year. Onita's former rival Masashi Aoyagi returned to FMW in the summer of 1994 and attacked Onita, leading to the two rivals facing each other for the first time in five years after having exchanged wins with each other in FMW's first two shows Grudge in Nagoya and Grudge in Tokyo in 1989. The two rivals first squared off in the WAR 6-Man Tag Team Tournament at WAR 2nd Anniversary Show, where Onita, Genichiro Tenryu and Crusher Bam Bam Bigelow defeated the team of Aoyagi, Kendo Nagasaki and Arashi in the semi-final round. Onita's match with Aoyagi at Summer Spectacular would be a no ropes electrified explosive barbed wire barricade double hell match. On August 22, the two rivals competed against each other for the last time before Summer Spectacular as the team of Onita and Mitsuhiro Matsunaga defeated the team of Aoyagi and Mr. Pogo in a street fight.

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