Old Lady Dream Theater: Act I (Japanese: 妖怪むかし話 ～かぐや姫～,Yōkai Mukashibanashi ~Kaguya-hime~), Yo-kai Gutsy Bones (Japanese: 妖怪ガシャどくろ,Yōkai Daidarabotchi), and Yo-kai Furdinand (Japanese: 妖怪ふさふさん,Yōkai Fusafusan) is the 54th episode of the Yo-kai Watch anime series. It was broadcasted in Japan on January 30, 2015, and in the United States on December 28, 2016.
After Nate loses his soccer ball and finds it, he discovers the Old Lady Dreamer who tells them her dream based on the traditional story of Princess Kaguya. Nate tries to get a rare Emporor Krills figure from a gasha machine and keeps cranking until he meets Yo-kai Gutsy Bones. One day, people end up with stylish hairdos, thanks to Yo-kai Furdinand.