Another badge with the same Manchukuo National Railway emblem https://asiamedals.info/threads/protection-railway-watch-fob.25326/
Reverse
康徳皇帝吉林御巡持記念 - Emperor Kangde's Visit to Jilin Commemorative
康徳元年10月24日 - October 24, 1934
新京鉄路局 - Hsinking Railway Bureau