Very little information about this unmade movie is known, outside of it being proposed on November 15th, 1991 by Toho monster designer Minoru Yoshida for an intended release sometime in 1992. This was the second of three similar drafts to feature both micro-protagonists venturing into Godzilla, and the mechanical King Kong doppelganger Mechani-Kong originally from King Kong Escapes (1967). A spin on what Micro Super Battle: Godzilla vs. Gigamoth presented, Godzilla's Counterattack focused more on the human adventure inside Godzillla, branching from a completely different draft proposed around the same time in the form of Godzilla vs. Gigamoth, which focused more on the monsters and their battles - a path Toho would pursue instead.
One of the most noteworthy aspects of this story would be the introduction of the tentatively named "Red Godzilla", the unstable form of Godzilla produced by the forced nuclear reaction by terrorists. Sporting a glowing red chest and spewing gas from its body, this "Red Godzilla" concept would eventually be seen again in Godzilla vs. Destoroyah (1995) in the form of Burning Godzilla.