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I went to search for an answer regarding Pikanchi and here are some responses I found on the net, in Japanese and loosely translated by me into English. These are fans answers, so they may or may not be right.
Answer to question regarding the meaning of Pikanchi
ピカイチでハレンチって意味ですよ☆
あと、八塩団地だったので、団地って意味もあるそうです!
まとめると、ピカイチ・ハレンチ・団地って意味だと思います・・・
嵐の5×10のpvで松潤がいってましたよ☆ ピカンチのpv流す前に・・・
It means "Pikaichi1 and Harenchi2".
And since it was (set in) Yashio Danchi3, it seems like it also has the meaning of Danchi3!
In conclusion, I think it has the meaing of Pikaichi-Harenchi-Danchi...
MatsuJun said that in the 5x10 PV dvd, before the Pikanchi PV played.
1Pikaichi = Outstanding/Top/Number 1
2Harenchi = Shameless, Not seeing shame/embarrassment as shameful or embarrassing but instead is nonchalant towards it
3Yashio Danchi = Yashio Housing Complex, where the characters lived.
This view was also reflected in another response
PIKA☆NCHIという言葉の意味でしたら
ピカイチ、破廉恥、団地を組み合わせた造語です。
映画、歌共に知ればますます分かりやすい筈です。
If you're asking about the meaning of the term "Pikanchi", it's created by joining "Pikaichi", "Harenchi" and "Danchi". If you watched the movie and listened to the song, I think it'll become easier to understand.
Answer to question regarding the premises of the 2 Pikanchi movies
八塩団地というマンモス団地を舞台に、八塩一運のない男ハル(大野くん)原チャリ暴走族の総長チュウ(櫻井くん)リッチ棟に住む野心家のボン(松本くん)ビンボー棟に住むスケボー少年タクマ(二宮くん)極フツーの高校生シュン(相葉くん・主役)という幼なじみの5人の『ピカ一』で『ハレンチ』な青春を描いたコメディーです。
With a mega housing complex called Yashio Housing Complex as the stage, this story is a comedy about the "outstanding" and "lack of shame" in the youth of childhood friends Haru (Ohno-kun), the most unlucky man in Yashio, Chuu (Sakurai-kun), ex-president of a motorbike gang, ambitious Bon (Matsumoto-kun), who lives in the 'rich block', Takuma (Ninomiya-kun), a skateboarder who lives in the 'poor block', and Shun (Aiba-kun, lead character), an extremely ordinary high school student.
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Comments transfered from vox
May 2, 2010
I didn't know about the meaning! Thank you to share ^O^
May 2, 2010
I didn't know either! I haven't even watched the movie. lol...I'm watching Nino's Yasashii Jikan now!