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Paul is on one of his many business trips to Tokyo, as a computer-chip executive from New York, when he meets a beautiful and mysterious woman. Later, he finds himself in the wrong place at the wrong time, inadvertently interrupting an assassination by a feared Ninja-cult. As he is now the only man to have seen the face of the cult’s warrior-leader and lived, he soon realizes that he is facing a markedly foreshortened life-expectancy. Teaming up with a friendly samurai couple, on a two-centuries-old blood-feud with the Ninja, he struggles to survive. Finally, recuperating on an island-fortress, he learns swordsmanship, and perhaps, a little about courage, honor, love, and loyalty. The requisite final confrontation is rife with bloody swordplay and spectacular martial-arts action sequences.

Will Parker, played by Matthew Modine, loses the Americas Cup, the worlds biggest sailing prize, to the Australians and decides to form his own syndicate to win it back.