A young girl is sold into the red-light district Yoshiwara and is put under the care of the oiran (lead prostitute) of the Tamakiku house. The girl is rebellious, but the more experienced people in the household begin to think that she will be one day a great oiran, since an oiran needs not only beauty and talent, but she should also have the tenacity to maintain the position.

Dolls takes puppeteering as its overriding motif, which relates thematically to the action provided by the live characters. Chief among those tales is the story of Matsumoto and Sawako, a young couple whose relationship is about to be broken apart by the former's parents, who have insisted their son take part in an arranged marriage to his boss' daughter.