This Tokyo workshop was actively involved in manufacturing fire brigade and newspaper badges and watch fobs during pre-WWII time period. Company still exists today.
Known label variations.
Workshop emblem includes two letters N and H for 早津直治 - Naoji Hayatsu.
hayatsu medal company
hosakadoshop
manufacturer of japanese badge
manufacturer of japanese watch fob
manufacturers of japanese badges
manufacturers of japanese watch fobs
保坂堂
早津メダル商會
早津直治製