Hiroi Michiaki: And this is…
Mrs. Hiroi: The kabocha-eating mouse.
Hiroi: It’s called the kabocha-eating mouse. This also happens to be something that’s good luck.
Mrs. Hiroi: When you spin it, the [mouse] pops its head out from the kabocha.
Hiroi: Inside the kabocha, the mouse is inside building a nest. When you spin it, all these different mice poke their faces in and out of it from the four directions. And this red mouse, red is for the south, so [he’s facing] south. And yellow, yellow is… is this yellow or white?
Mrs. Hiroi: It’s white.
Hiroi: But it looks like it’s yellow.
Mrs. Hiroi: It’s not yellow, it’s white.
Hiroi: It must be white. White is west, isn’t it…
Mrs. Hiroi: Yeah, that’s right.
Hiroi: These, these are colors indicating the four directions.
For Japanese, see this page.
For video, see this page.