Thanks to SMS Power! for this English translation.

This version allows to have the FM Master System audio exclusive to the Japanese version.
On Fusion, be sure to disable the "Disable YM2413FM" option to have the Japanese music.

Filename	Size	Note
Phantasy Star (Japan) (T-En by SMS Power v2.3.1) (Add by FlamePurge) (Classic Names)	308.31 K
Phantasy Star (Japan) (T-En by SMS Power v2.4) (Literal)	309.74 K
Phantasy Star (Japan) (T-En by SMS Power v2.4)	313.12 K