The following are known GameShark Codes for Thunder Force V: Perfect System on Sony Playstation (PS1).
These codes were also known as Action Replay Codes and in most cases will work on both devices.

These codes are for the U.S. version of the game.

• Infinite Lives
  80094D3E 0004
• Have All Weapons
  80094D4A 001F
• Have Max Weapon Level
  80094CE6 0003
• Over Weapons Never Overheat
  80094CF8 3000