瑞 /Mizu/ - lucky; propitious, surname
As for today the exact owner of this mark remains unknown.
https://asiamedals.info/threads/horse-mountain-artillery-units-badges-and-watch-fobs.20380/
japanese badge
japanese watch fob
manufacturer of japanese badge
manufacturer of japanese watch fob
manufacturers of japanese badges
manufacturers of japanese watch fobs
mark瑞
workshop mizu
