Travelling merchant Kraft Lawrence and wolf deity Holo sit down to have dinner with Norah Arendt, a young shepherdess who helped them smuggle gold. Holo's dislike of Norah—due to both the latter's profession and her closeness with Lawrence—prevents her from enjoying her meal. When Holo falls ill from fatigue, she is cared for by Lawrence, who frets over the health of his dear companion. As she regains her strength, Holo reminisces about the adventures they had together. [Written by MAL Rewrite]

Traveling merchant Kraft Lawrence continues his northward journey with wolf goddess Holo, in search of her lost home of Yoitsu. Lawrence and his sharp-witted partner continue to make some small profits along the way, while slowly uncovering more information about Holo's hometown. However, the road to Yoitsu is a bumpy one filled with many troubles—Lawrence runs into a charming young fellow merchant who has his eyes set on the female wolf companion, and he begins to doubt if Holo will remain by his side; he and the goddess will also have to consider precarious and risky business deals as Lawrence strives to achieve his dream of becoming a shopowner. All the while, with his determination tested at every turn during his journey, Lawrence must question his relationship with Holo, take on business ventures, and ask himself whether it is time for him and Holo to go their separate ways. [Written by MAL Rewrite]

Extra short anime featuring Holo from BD volumes 1 and 2.

Holo is a powerful wolf deity who is celebrated and revered in the small town of Pasloe for blessing the annual harvest. Yet as years go by and the villagers become more self-sufficient, Holo, who stylizes herself as the "Wise Wolf of Yoitsu," has been reduced to a mere folk tale. When a traveling merchant named Kraft Lawrence stops at Pasloe, Holo offers to become his business partner if he eventually takes her to her northern home of Yoitsu. The savvy trader recognizes Holo's unusual ability to evaluate a person's character and accepts her proposition. Now in the possession of both sharp business skills and a charismatic negotiator, Lawrence inches closer to his goal of opening his own shop. However, as Lawrence travels the countryside with Holo in search of economic opportunities, he begins to realize that his aspirations are slowly morphing into something unexpected. Based on the popular light novel of the same name, Ookami to Koushinryou, also known as Spice and Wolf, fuses the two polar genres of economics and romance to create an enthralling story abundant with elaborate schemes, sharp humor, and witty dialogue. Ookami to Koushinryou is more than just a story of bartering; it turns into a journey of searching for a lost identity in an ever-changing world. [Written by MAL Rewrite]