The horse-like figure is a goblin who works for the master of hell and punishes the dead. The eye and nose are characters who can tell right from wrong. They are usually drawn as the heads of a man (eye) and a woman (nose). In the text, the Enma daiou (the head of the Enma-cho, or ministry of Enma, where the dead are sent) and the man are having a conversation. The man seems to have experienced some of the hell already and is asking for help for the next life.