I just thought I'd share the continuation together with the first part. I'mm wondering why I didn't do this earlier.

https://www.pixiv.net/member_illust.php?mode=medium&illust_id=49987847

Base +32, sm00 +6

Could not vote for tag: The tag almost_guro is not currently valid.

Base +8

So she's disappointed she's not cut in half.

Huh. Japanese schoolgirls are down for ANYTHING it seems.

Base +11

I think it's more that whoever was holding the blade acted like he was actually going to chop her. Bit of an evil prank, that :P.

Base +7

But they really cut her in the end.
Demonstration: /g-hentai/?s=4bc7f5a105/306681-1
Evidence: /g-hentai/?s=0b44d3da23/306681-7

EDIT:
Looks like this is entirely different story than demonstration in comments. I dunno when, but some time after I posted these, the sequel was made:
https://www.pixiv.net/member_illust.php?mode=manga&illust_id=50892085
Hopefully somebody translates the thing.

Updated with Part 2

Last edited on 02 April 2016, 14:47 UTC.

Base +6