[Pt(NCN)MeCN]+ (NCN = 1,3-di(2-pyridyl)benzene, MeCN = acetonitrile) forms oligomers in the ground state due to metallophilic interactions, and a Pt-Pt bond is formed with photoexcitation. Ultrafast excited-state dynamics of the [Pt(NCN)MeCN]+ dimer in acetonitrile is investigated by femtosecond time-resolved absorption (TA) and picosecond emission spectroscopy. The femtosecond TA signals exhibit 60 cm-1 oscillations arising from the Pt-Pt stretching motion in the S1 dimer. The excited-state absorption in the 500-700 nm region increases with time constants of 0.3, 1.4, and 9.4 ps, which are assigned to contraction of the Pt-Pt distance, structural change in the S1 dimer, and S1 → T1 intersystem crossing, respectively. The 1.4 ps structural change is attributed to torsional structural relaxation proceeding in the S1 dimer based on the computation, which indicates that a torsional angle around the Pt-Pt bond in the S0 dimer is widely distributed around two potential minima, whereas that of the S1 dimer has much narrower distributions around noticeably different torsional angles.