Set in 2039, the film promises non-stop high flying action as the greatest fighters from around the world come to compete in the last and greatest sporting event of all time, the Fist Tournament. After World Wars destroy much of civilization as we know it, the remaining territories are no longer run by governments, but by corporations the mightiest of which is Tekken. In order to keep the masses down, Tekken sponsors the Iron Fist Tournament in which fighters compete to the death for ultimate glory and receive a lifetime of stardom and wealth.

We are introduced to this violent world through the eyes of Jin Kazama, a street fighter that enters the tournament in order to avenge the death of his mother that he blames upon Tekken's powerful and controlling Chairman, Heihachi Mishima. He knows that the only way to get close enough to Mishima to kill him is to win the tournament.