pronoun
Polite demonstrative pronoun referring to a person, object, or direction near the speaker. Often used to refer to a person respectfully, similar to こちら.
この方が私の母です。
This is my mother.
この方へどうぞ。
Please come this way.
pronoun
Archaic male first-person pronoun used when speaking to someone of lower status. Not used in modern Japanese outside historical or dramatic contexts.
See also: その方
「この方が申すことに間違いはない」と、侍は低い身分の者に言った。
"There is no mistake in what I say," the samurai said to the person of lower status.
Compound of この (this) and 方 (direction/person). The archaic first-person usage developed from a humble reference to oneself as 'this person'.