Enredo

When the wife of the Shogun's Decapitator is murdered and he is ordered to commit suicide by the paranoid Shogun, he and his four-year-old son escape and become assassins for hire, embarking on a journey of blood and violent death.

Long ago there was a great samurai warrior who served his Shogun honorably. The Shogun however grew paranoid as he became more and more senile. The Shogun sought to destroy all those who might stand to oppose his rule, and so he sent his ninja spies to the samurai's home. The ninjas failed to kill the samurai, but did kill his beloved wife. From then on, the samurai swore on his honor to seek out the Shogun and avenge the death of his love. The samurai roams the countryside with his toddler son taking on mercenary work for money until the final battle with the Shogun's three Masters of Death.—William Pagan <ny952696@pacevm.dac.pace.edu>

Shogun decapitator, lone wolf, ronin. Travels with his son, Daigoro, in search of the Shogun that is paranoid of his skills. In the attempts to kill Lone Wolf, Shogun's ninja kills his wife and leaves him to care for the boy. Lone Wolf swears that Shogun will pay for his deeds. Revenge and justice drive Lone Wolf through Japan's forests and deserts in search of vengeance.—Alex Chacha <achacha@panix.com>

As the opening credits roll, an abbreviated version of Ogami Itto's (Tomisaburo Wakayama) past as Shogunate Decapitator and his wife's murder by ninja are seen, with Daigoro (Akihiro Tomikawa) providing the narration.

Two hooded samurai attack Ogami while he is pushing a cart with Daigoro inside. Ogami fends off the attack of the first, breaking the samurai's sword and splitting his head. The second attacker jumps over the first, with the first still clasping Ogami's blade. Ogami pulls off a handrail from the cart and a blade comes out, transforming it into a spear. Ogami then uses the spear to impale the second attacker. As the first is dying, he reminds Ogami that he is marked for death.

As Ogami and Daigoro sit by a roadside fire and eat their evening meal, Ogami remembers how he offered the infant Daigoro the life-death choice: either Ogami's sword (which would mean that Daigoro would join him on his mission of vengeance against the Shogun) or Daigoro's ball (which would mean that Daigoro would be killed, so that he could be with his mother in heaven). Daigoro chooses the sword. The next day, the Shogun's officials bring Ogami the Shogun's orders: either swear eternal loyalty or commit suicide with Daigoro. Ogami decides to fight his way to freedom with Daigoro, only to have his path blocked by the Shogun and his men. The Shogun challenges Ogami to fight Kurando (the Shogun's son) in a duel; if Ogami wins, he wins his freedom. Ogami accepts, and eventually cuts off Kurando's head.

Ogami and Daigoro journey on, never stopping in one place for very long as the Shogun's ninjas are always following them. As they wander, Daigoro recalls how Lord Bizen (Taketoshi Naito) and his men were given orders to kill him. Even though Bizen's men are wearing chain mail beneath their robes, Ogami's skill and blade are too powerful. Ogami lures Lord Bizen into the middle of a stream and uses an underwater sword-slash technique to kill him. Ogami sees the Shogun watching from a distance and he swears to the Shogun that he will destroy him and all of his ninjas.

The Supreme Ninja (Kayo Matsuo) receives orders from the Shogun to kill Ogami and Daigoro. Lord Kurogawa (Akiji Kobayashi) doesn't believe the Supreme Ninja's women are up to the task, so she proves otherwise by ordering her ninjas to kill Junai (Kurogawa's strongest ninja).

Ogami and Daigoro meet secretly with a client to discuss a business proposition. Ogami is offered the task of killing Lord Kiru (the Shogun's brother), and in return he will receive ten pieces of gold. Ogami accepts the mission and is told that Lord Kiru is being escorted by a three-brother team known as the 'Masters of Death.'

During Ogami and Daigoro's journey to find Lord Kiru, they are attacked several times by The Supreme Ninja's women. Ogami kills them each time. Ogami finally faces the Supreme Ninja herself. She attacks Ogami with a weighted net that contains fishhooks, but Ogami cuts himself free and the Supreme Ninja flees by running away backward.

Ogami and Daigoro keep on traveling, but they now come face-to-face with Lord Kurogawa's entire ninja force. Pushing Daigoro in his cart to safety, Ogami uses the spear blades in the cart's handrails to attack. All but two of the ninja are cut down, but Ogami is left wounded. He manages to push Daigoro to the safety of a deserted hut before collapsing from loss of blood. Daigoro goes in search of water for his father, finally bringing it back in his mouth, then takes some food offerings from a roadside shrine, leaving his jacket in honorable exchange.

The Supreme Ninja meets with Lord Kurogawa to report her failure but Lord Kurogawa has another plan: to strike at Ogami through Daigoro.

Later that night, Daigoro is lured outside the hut by the sound of a woman singing. Waking up to find Daigoro gone, Ogami searches for his son. He finds Daigoro is a prisoner of Lord Kurogawa and the Supreme Ninja. Daigoro is tied up and suspended over a deep well. Kurogawa demands that Ogami surrender or he will drop Daigoro down the well. Ogami refuses, so Kurogawa and his men attack. Kurogawa lets go of the rope suspending Daigoro over the well, but Ogami manages to stamp his foot down on the rope and kill Kurogawa (and his two ninjas) at the same time. Ignoring the Supreme Ninja, who has not moved throughout the fight, Ogami carefully pulls Daigoro up to safety. Instead of killing the Supreme Ninja, Ogami walks away with Daigoro.

Ogami and Daigoro board a ship which is carrying the 'Masters of Death' to their rendezvous with Lord Kiru. Also on board is the Supreme Ninja. During the night, the remaining rebels start a fire on board the ship. In the ensuing inferno, the 'Masters of Death' tell Ogami that they recognize him, but that they will not attack him as long as he makes no move against them. Ogami agrees to their terms and they leave him. The companionway is blocked by flames, so he cuts through the deck planking. Ogami then puts Daigoro in his cart and throws them both overboard to safety. The Supreme Ninja attacks Ogami from underwater but he overpowers her. Getting Daigoro, himself and the Supreme Ninja to shore and to the shelter of a fisherman's hut, he strips all three of them naked and gathers them close together, telling the Supreme Ninja that they must share their body heat or die. The Supreme Ninja doesn't understand why he would save her and realizes she cannot kill Ogami or his son. The next day, Ogami and Daigoro leave her there, knowing that she will have to return to the Shogun, report her failure and commit suicide.

The 'Masters of Death' escort Lord Kiru and his entourage through a desert area, where they are attacked by a rebel force concealed under the sand. The 'Masters of Death' then fight off and kill all of the rebels. Lord Kiru is taken to safety. However, they haven't gone far before they see Daigoro standing in their way. He points to Ogami, who is waiting. The 'Masters of Death' finally face off against Ogami, but one by one they are cut down and killed. Ogami then chases after Lord Kiru's procession, driving off the guards. Lord Kiru protests that he is the Shogun's brother, but Ogami tells Kiru that the "Shogun means nothing" to him. Ogami then kills Lord Kiru with his sword.

As he and his father walk away from the carnage, Daigoro looks back one last time and says via voice-over, "I guess I wish it was different ... but a wish is only a wish".