The film generally regarded as Japan’s first true musical was also the first film made entirely in-house by the pioneering studio P.C.L., a company founded specifically to take advantage of emergent sound technology. P.C.L. worked in collaboration with a brewer’s firm, Dai Nihon Biru, who met the production costs of the film in full, and whose products are featured in the film in an example of the sophisticated and modern merchandising typical of the studio’s early work. The film is partially set in a beer hall, and its story concerns a beer seller at a train station and her relationship with a music student trying to create a hit song. Director Sotoji Kimura was to become a company stalwart, making such films as Ino and Mon, while actress Sachiko Chiba would emerge the studio’s first real star, appearing in such films as Wife Be Like a Rose.
In medieval Japan, a brutal and corrupt magistrate is planning to kill the child who is about to become the heir to the estate and position of the local lord and substitute his own "heir", an orphan, in order to get control of the late lord's estate and rule as the impostor's "regent". However, a mysterious stranger appears and sets out to thwart the magistrate's plans and free the people from his oppressive rule.
Shinzaemon has been Sukeroku’s enemy ever since Sukeroku fought and defeated gangs from Shinzaemon’s group at a Kabuki theatre over Agemaki from Miuraya. Sukeroku swears that he will never draw his sword until he finds his family’s treasured blade, Tomokirimaru, so he gets insulted often by Shinzaemon’s men. Bunzaemon redeems Agemaki for Sukeroku ahead of Shinzaemon, but Sukeroku, ever the gentleman, does not accept. When Shinzaemon snatches Agemaki, it is found that he has Tomokirimaru.
