The first update of the year is a patch to resolve an issue for players that transferred their account to a different PS4 system.

From VF_Offficial Tweet:

"Version Update 1.33
" We have released Version 1.33 today. This update fixes an issue that occurred when playing with an account transferred to a different PlayStation®4 system.

If you want to move your account to a different system, please transfer your saved data by using PlayStation Plus Online Storage before playing."


In addition, some other minor bugs were fixed. Unfortunately, the exact details of what these minor bugs were are not known.

https://www.virtuafighter.jp/vfes/ps4/update/