:: orochinagi

Do light pokes from a decent distance to bait his cape attack. Block it, run forward and combo. When he calls Ron striker, roll.

...that's about all I can remember at this point.

After a combo and before he entirely wakes up you can dare a dash then forward jumping C/D to cross him, he'll most of the times do his uppercut-cape attack facing the opposite way and after he lands you can combo. This works best with characters that are able to jump high and fast, like Benimaru. Other than that what ShadowSonic said works wonders.
As a side note though, if you want to try something different as he calls his Ron striker just make a step back before he hits you, that way Ron won't be able to reach you and all you have to do is block Zero's super.

He's a sucker for Heidern's cross cutter and neck rolling attack for some reason.