Hatsuko Umabuchi is a widow who runs a prosperous geisha house in present day Kyoto. Her daughter Yukiko returns from Tokyo following a failed suicide attempt, after her lover found out about her mother's profession. Hatsuko is having a discrete affair with the young Dr. Matoba, who looks after the geisha girls. The doctor is attracted to Yukiko, who initially despises him and everything connected with the geisha house. However Yukiko gradually changes her views.

In 17th century Kyoto, Osan is married to Ishun, a wealthy miserly scroll-maker. When Osan is falsely accused of having an affair with the best worker, Mohei, the pair flee the city and declare their love for each other. Ishun orders his men to find them, and separate them to avoid public humiliation.