Japanese folk tale in center of 1975 Nishijin Model B

[takethecastle57]

I recently read about a vintage pachinko with a Japanese folk tale theme involving a bee carrying a needle, a monkey, a crab, and a rice ball. I have a c.1975 Nishijin Model B with a similar assemblage of what I think may be Japanese folk tale motifs. (see attached image) It includes hands in the clouds, an axe, a stomach or teapot?, a bush or shrub, and what I think may be Ishikawa Goemon being boiled in a pot? (a kind of Japanese Robin Hood) I don't quite understand how the motifs all fit together....can anyone translate the kana on the yellow shape?...any thoughts?

and biscuits