Not sure, it may be a requirement of the ArcadeVGA, not the gun. Anyway, here is the answer from Jomac in Au. I am told he is the go-to-guy for Nanao monitors and he came through here:
"Hi James ,
The Comp H-Sync input on the chassis means it will accept a signal from a
game that is producing a composite negative sync , if however you are not
supplying this pin with a composite sync you need to also connect the V-sync
pin .
Basically Composite is a combination of the V and H , but as you are not
going to be supplying the chassis with a combination you can use the H and V
pins separately as you need without any modification to the chassis.
Just remember the both V and H and Negative Sync
1:Red
2:Green
3:Blue
4:Gnd
5 H Sync
6 V Sync
Let me know if this works ok for you James ,
Regards,
Joe McNicol ( Jomac )"
http://www.jomac.net.au