Spice and Wolf manga volume 3 features story by Isuna Hasekura and art by Keito Koume.

Lawrence and Holo are on the run, desperate to save both their profits and their lives! With enforcers from a rival company in pursuit, though, Holo may need to resort to extreme measures to safeguard herself and her traveling companion. Can Lawrence cope with the terror-inspiring true form of Holo the Wisewolf?!