Man this game is such a breeze on master ninja. Once you figure out how to avoid the cheap stuff you are golden.
For the Baphomet grabers, all you need to do is either xyxxx, shuriken cancel, repeat. Or you do xx->xxx. The thing about these attacks is that one teleports you and the other puts you in the air, so they can't grab you in the middle of combos anymore.
For the snake guys, you can do the same thing, allthough it's better to just do xx->xx shuriken cancel, repeat on them, and dodge grabs accordingly.
Now the combo that REALLY wreaks the Alchemist guys is Running xx, xxxy. Not sure why this combo works so well, but they almost always get wrecked by it and all you have to do is land a few hits then izuna them.
Those are really the three biggest threats in this game. Once you learn how to kill them, everything else is a cakewalk.
To make MNM even easier, they tend to spawn around a shit ton of humonculi, so just doge around until they are all close together, take out a humonculi with SOB, then chain it to kill everything.
This game is a complete joke