The life of a traveling merchant is a lonely one, a fact with which Kraft Lawrence is well acquainted. Wandering from town to town with just his horse, cart, and whatever wares have come his way, the peddler has pretty well settled into his routine\-that is, until the night Lawrence finds a wolf goddess asleep in his cart. Taking the form of a fetching girl with wolf ears and a tail, Holo has wearied of tending to harvests in the countryside and strikes up a bargain with the merchant to lend him the cunning of "Holo the Wisewolf" to increase his profits in exchange for taking her along on his travels. What kind of businessman could turn down such an offer? Lawrence soon learns, though, that having an ancient goddess as a traveling companion can be a bit of a mixed blessing. Will this wolf girl turn out to be too wild to tame?

Following his good fortune in Pazzio, Lawrence is confident that he is on the path to realizing his dream of becoming a town merchant. One ill\-informed business decision, though, leaves him teetering on the brink of bankruptcy and ruin! With no assets to his name \- other than the cunning of his fetching traveling companion, Holo the Wisewolf \- Lawrence may need to resort to illicit means to put his affairs in order. With all of the merchant's plans hinging on one beautiful young shepherdess \- for whose vocation Holo holds no affection \- Lawrence's prospects, both personal and professional, are looking grim!

Having narrowly escaped financial ruin, Lawrence turns his attention to helping Holo find her ancient homeland in the North. But how long can a traveling merchant afford to wander the countryside looking for a village that he suspects may have ceased to exist long ago? When a rival merchant sets his sights on Lawrence's beautiful companion, though, can Lawrence truly be confident that Holo will remain by his side? Has the time come when Lawrence must ask himself whether his relationship with the Wisewolf is business or pleasure?

Continuing their journey north, Lawrence and Holo stop in the village of Tereo in hopes of finding a local abbey where they might uncover more information regarding the fate of Holo's ancient home, Yoitsu. Soon after their arrival, though, the companions are caught up in a local dispute between Tereo and the neighboring town of Enberch that could cost Lawrence and Holo both their fortunes and their lives! With the Wisewolf's help, can Lawrence devise a way to save an entire town from ruin - and his skin and that of his traveling companion in the process?

Arriving in the town of Lenos, Lawrence and Holo take a respite from their travels north \- but a true businessman never rests! It isn't long before an opportunity for profit presents itself to Lawrence, one that could fulfill his dreams of owning his own establishment. But as always, the promise of great reward carries great risk \- and risk is never greater than when one plans to use a wisewolf as collateral! As Lawrence and Holo feel the ties binding them stretched thin, has the time come for the pair to go their separate ways?

As Holo and Lawrence begin the final leg of their journey, Lawrence decides to accompany Holo to her ancient home of Yoitsu, if only to forestall their parting just a bit longer. Boarding a ship from the port of Lenos (much to the chagrin of the wisewolf, who is none too fond of water!), the pair's fate becomes entangled with that of a boy named Col, whose tale of his circumstances \- combined with the gossip of the sailors \- leads to a shocking revelation about Holo's homeland!

幸福というものに形があるとしたら、これが、そうなのかもしれない……。 リュビンハイゲンでの騒動が丸く収まったことを祝し、ホロとロレンスはノーラと共に食事をしていた。 しかし、体調を崩したホロは、不覚にも宴会の最中に倒れてしまう。 そんなホロを見て、ロレンスは看病をしようとするのだが……？ シリーズ初のホロ視点で語られる書き下ろし 「狼と琥珀色の憂鬱」 ほか、ロレンスと出会う前のホロの旅を描いた 「少年と少女と白い花」、港町パッツィオでの二人の買い物風景 「林檎の赤、空の青」 など、「電撃hp」 に掲載され好評を博した2編を収録。 絶好調の新感覚ファンタジー、“色” をテーマに綴られた珠玉の短編集が登場！

Hearing rumors of a "leg bone of the wolf" being used as an artifact of the Church to showcase its power, Lawrence and Holo head to the site to gather more information. Holo can't just turn away from what might be a relic of her own kind, after all. Of course, upon arrival, the travelers find that the town is the center of a giant trade dispute! Seems that Col will be getting a lesson in microeconomics!

The capture of a narwhal and the ensuing power struggle between the northern and southern districts of Kerube has Lawrence caught in the middle! Backed into a corner by his own trade guild, can the merchant find a way to extricate himself from this delicate situation? And what of the wolf bone from Holo's pack? Can the Wisewolf of Yoitsu manage to keep her rage and frustration in check?

After the turmoil in Kerube, Lawrence and his companions make for the Kingdom of Winfiel across the sea. Their destination is the great abbey of Brondel, said to hold the wolf bones they seek. Arriving in the kingdom, they hear tell that the abbey, normally prosperous due to its great wool trade, has fallen into a financial crisis. Worse, the most powerful economic force in the world\-the Ruvik Alliance\-is entering the kingdom with its eye upon the abbey's land holdings...