Usually this error, happens when you use an incorrect splitter.
I never had this error, but here's what I recommend.
1/ Uninstall ALL your codecs (K-lite, CCP, etc). And reinstall only the K-lite codec pack:
http://codecguide.com/download_k-lite_codec_pack_full.htm
if it still doesn't work, please do step 2/
2/ Uninstall and reinstall or upgrade Windows media player
if it still doesn't work, please do step 3/
3/ Upgrade your video drivers (I'm pretty sure it will not help but meh, why not. We've got to try.)
If you still had trouble after that. Please download codecTweakTool, generate a log with it, and copy paste it here (or on pastebin.com).
A wild non japanese player appears !