Judging by the manufacturer this is Osaka-related badge.
Specimen from the collection of Raymond LaBar. Photos courtesy of the owner.
Obverse
功 - Merit
reverse
功勞章 - Merit Badge
紀元二千六百年記念 - 2600th Year of the Imperial Reign Commemorative
紀元節奉祝會 - Kigensetsu [Empire Day (February 11th; national holiday held from 1872 to 1948)] Celebration Committee
Marked with 純銀 - pure silver and barely readable Ikoma workshop mark https://asiamedals.info/threads/badges-marks-and-history-of-ikoma-workshop.20961/
Specimen from the collection of Raymond LaBar. Photos courtesy of the owner.
Obverse
功 - Merit
reverse
功勞章 - Merit Badge
紀元二千六百年記念 - 2600th Year of the Imperial Reign Commemorative
紀元節奉祝會 - Kigensetsu [Empire Day (February 11th; national holiday held from 1872 to 1948)] Celebration Committee
Marked with 純銀 - pure silver and barely readable Ikoma workshop mark https://asiamedals.info/threads/badges-marks-and-history-of-ikoma-workshop.20961/