Watame finds herself in a school during irregular hours, where she is greeted by the spirit Hanako.
Original Stream: • 【トイレの花子さん】わたしは羊のわためさん、...
Watame's Channel: / @tsunomakiwatame
Notes:
01:35 - Seems to be a reference to Japanese comedian Tetsurō Degawa.
06:12 - I believe this is a reference to this video • 【百鬼あやめ】どーっちどっちの歌【オリジナル...
11:52 - I think this is a joke based on the phrase "猫に小判" (Neko ni koban). Replacing "Neko" (cat) with 羊 ("Hitsuji" or sheep). With the initial phrase meaning something along the lines of "Something valuable is of no value to one who doesn't recognise the value it has." (For example: Giving a cat (neko) an old gold coin (a koban).)
To continue from where this clip ends, go to the original stream and go to 31:40.