See also https://asiamedals.info/threads/1933-surrent-political-situation-military-reservists-association-branches-joint-conference-commemorative-badge-2593.26536/
Size 40 X 23 mm.
Obverse
對外時局 - External [Foreign] Сurrent Political Situation [i.e. Manchurian Incident]
鄉軍大會 - Military...
1932 military reservists conference badge
1932年對外時局鄉軍大会記念章
japanese badge
japanese imperial reservist association badge
japanese reservists association badge
manchurian incident commemorative badge
昭和七年對外時局鄉軍大会記念章