Sorry about that. Yes, that is what it says, so I'm sure that's what he is offering. It is quite possible that he is using a different regulator in there and running it as a one wire. I'll have to ask the gurus here if such a thing exists...I'm sure it does for some farm or industrial applications. There are many different regulators for these Nippondenso units that are all interchangable. The original unit pictured however never came with such a regulator, and I would advise against using it. The one wire alternators have too many drawbacks for use in a car. The only thing that makes them attactive is the ease of wiring it up. Adding two more wires to the mix is not a big deal, and both of them are already there in the car.
My take on this is to use an alternator that is readily available at your local parts store. The one being offered is essentially one that doesn't exist in the parts manuals, or if it does, it will be a unit that will be hard to come by. If you have a problem with it, then it would have to go back to a rebuilder for repair as an R&R...more costly then an off the shelf unit. So, if you want to use the small Nippondenso unit, just ask for one fitting the applications that I cited earlier. BTW, that small Nippondenso unit has a 15mm rotor shaft, so your original generator pulley will fit without a having to bore it out.