This recording is a film score set to a segment of the 1965 Japanese anthology horror film Kwaidan directed by Masaki Kobayashi.

If you start the movie at 40:00 at the beginning of section II the audio will sync up and you can experience it as it was intended.
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"The Woman of the Snow" (雪女, Yukionna) is an adaptation from Hearn's Kwaidan: Stories and Studies of Strange Things (1903).

Two woodcutters named Minokichi and Mosaku take refuge in a boatman's hut during a snowstorm. Mosaku is killed by a yuki-onna. When the yuki-onna turns to Minokichi she remarks that he is a handsome boy and takes pity by sparing him because of his youth. The yuki-onna warns him to never mention what happened or she will kill him.

Minokichi returns home and never mentions that night. One day while cutting wood he comes across Yuki, a beautiful young woman travelling at sunset. She tells him that she is on her way to Edo, as she lost her family and has relatives there who can secure her a job as a lady-in-waiting. Minokichi offers to let her spend the night at his house with his mother. The mother takes a liking to Yuki and asks her to stay. She never leaves for Edo and Minokichi falls in love with her. The two marry and have children, living happily. The older women in the town are in awe over Yuki maintaining her youth even after having three children.

One night, Minokichi gives Yuki a set of sandals he has made. When she asks why he always gives her red ribbons on her sandals, he tells her of her youthful appearance. Yuki accepts the sandals and tries them on. She is stitching a kimono in the candlelight. In the light, Minokichi recalls the yuki-onna and sees a resemblance between them. He tells her about the strange encounter. It is then that Yuki reveals herself to be the yuki-onna, and a snowstorm comes over the home. Despite the fact he broke his word, she refrains from killing him because of their children. Yuki then leaves Minokichi with the children, warning him to treat them well or she will return and kill him. She disappears into the snowstorm, leaving Minokichi heartbroken. Minokichi places her sandals outside in the snow, and after he goes back inside, they disappear as Yuki accepts them.