Indirectly related to the large maneuvers https://asiamedals.info/threads/1932-large-maneuvers-imperial-inspection-participation-commemorative-badge.24908/ ; https://asiamedals.info/threads/1933-army-special-large-maneuvers-personal-inspection-badge.26699/
1st variation "blue enamel"...
1932osakaimperialinspectionbadge1932年御親閲拜受記念章
badge made by shobido
imperial japan army maneuvers
japanese badge
shobido workshop
昭和七年大阪市御親閱授受紀念章
昭和七年御親閲拜受記念章