Kikuhiko and Hatsutaro, promoted to futatsume, left their master's house to live an impoverished life on their own. Ever since changing his name to Sukeroku, Hatsutaro's popularity has skyrocketed. Even Kikuhiko is shocked by his unwavering ability to make people laugh at difficult stories. Meanwhile, Kikuhiko is working to feed the both of them, so much so that he can't even get good training done. To cheer him up, his master introduces him to a geisha called Miyokichi...