It’s lonely at the top. Perhaps surprisingly, Japan’s depression-era cinema had considerable space for lamenting the complicated position of the young master and, as Hiroshi Shimizu’s The Boss’ Son at College would do the following year, Ozu’s Where Now are the Dreams of Youth (靑春の夢いまいづこ, Seishun no Yume Ima Izuko) follows a young man of privilege realising that inequality is bad for friendship and no matter how much you try to manipulate an inherently unfair system for the good of those you love it is the system itself which will always stand between you.
Ozu begins, however, in familiar territory continuing in the vein of student comedy which was proving such a big hit for home studio Shochiku and in fact reusing a few gags from his previous films in the genre such as the guys’ persistent attempts to cheat on their exams. The opening sequence in which three of the four friends goof off rehearsing a cheerleading routine neatly sets up the already existing divisions between them as Saiki (Tatsuo Saito), the gang’s outlier, hovers on the sidelines attempting to study explaining to a young woman the guys know from the bakery, Shige (Kinuyo Tanaka), that he has only his mother and cannot afford to spend his time messing around. Despite that, however, we’re also told that Saiki is a hopeless case forever falling his exams and regarded as essentially feckless.
The hero, Tetsuo (Ureo Egawa), is the son of a company president and even if he doesn’t notice it the guys are already deferring to him as a kind of leader though they are all, in one sense, still “equals” as students at the same university taking the same classes. They all wear the same universal student uniform and drink in the same cafe, though they perhaps have different fears and anxieties for their futures at this difficult economic moment. The friendship is suddenly disrupted by the unexpected death of Tetsuo’s father which necessitates his leaving university to take over the family firm, though it’s also clear that he is not quite in charge and his conservative uncle is in fact running the show.
Tetsuo’s new status as a company president, now dressed in an expensive tailored business suit, forever sets him apart from his friends who eventually come to him for help on being unable to find jobs in the midst of an economic depression. He decides to use his privilege to help them but in an underhanded way, insisting they sit the company exam but giving them the answer sheet beforehand just like in their school days helping each other to cheat. Nevertheless, he fails to realise that you can’t be both friend and boss and it hurts him that they are now polite and deferent in his presence. Gone is their old camaraderie and foolishness, fear and dependency gradually erode their friendship.
Meanwhile, Tetsuo has continued to carry a torch for Shige but again has failed to realise that they now live in different worlds. His uncle keeps trying to arrange suitable marriages for him which he delights in frustrating with childish pranks. Now settled in his professional life he tries to abide by a college era bro code in asking for the guys’ permission to ask for Shige’s hand, knowing that they had all taken a liking to her. He places himself on their level but only superficially, acting with a degree of self-confident entitlement which assumes firstly that the others will defer to him and back off, and that Shige is his for the asking. What hurts him most is that none of the guys, who must all know, were brave enough to tell him that Saiki and Shige are already engaged. Fearful for his job, Saiki would have sacrificed the woman he loves, essentially traded her for economic stability. Finding out from Saiki’s mother (Choko Iida), Tetsuo confronts Shige who tells him that she agreed to marry Saiki out of pity and despair after growing weary of waiting for him believing that a company president would never marry a woman like her.
Tetsuo surrenders his love on the altar of friendship. Despite confirming their love for each other, he and Shige are separated by the great wall of social class in a hierarchal society along with the economic pressures of an ongoing depression. What Tetsuo chooses to save is his male friendship, striking Saiki, who does not fight back, for his moral cowardice in debasing himself by allowing those with power and privilege to rob him of his rights and freedoms. The guys sort things out with a fist fight, restoring an artificial “equality” that provokes a “happy” ending despite the fact that nothing has really changed. Tetsuo has to say goodbye to the dreams of youth in acceptance of the disappointments of adulthood but tries to salvage something as he moves forward in preserving what he can of cross-class friendship as bulwark against the inequalities of his age.