What is your game version (PAL/Europe or a fan translation)?
Boot the game in PCSX2, and the save will load automatically. Method 2: Original PS2 Hardware (FreeMcBoot & uLaunchELF) naruto shippuden ultimate ninja 5 ps2 save data
If your console or emulator shows the save file as a blue "Corrupted Data" block, try these fixes: What is your game version (PAL/Europe or a fan translation)
Unlimited cash to buy items from the shop. Why Use Save Data for Ultimate Ninja 5? naruto shippuden ultimate ninja 5 ps2 save data