See also https://asiamedals.info/threads/1904-russo-japanese-war-declaration-commemorative-compass.27489/
Medal of the similar design https://asiamedals.info/threads/1894-95-foreign-campaign-service-association-nishitagawa-district-commemorative-medal.26192/
1st variation.
Size 45 x 25 mm...
1894-95 sino-japanese war commemorative compass
1894-95 sino-japanese war commemorative medal
1894-95 sino-japanese war gift goldenkitecompassjapanesecompass with army flags and kitejapanesecompass with goldenkite order
japanesegoldenkitecompass
国のいのり 忠良勇武ナル外征諸将士及ヒ兵員ニ贈方位磁石記章
方位磁石記章