Obverse
此一戦 - [The Fate of the Empire] Depends on This Battle /At the Battle of Tsushima on May 27, 1905, Admiral Tōgō raised a Z flag on his flagship Mikasa. By prearrangement, this flag flown alone meant, "The fate of the Empire rests on the outcome of this battle. Let each man do his utmost/
reverse
日露戰没三十周年記念 - 30th Anniversary of the Russo-Japanese War Commemorative
2595.5.27 - May 27, 1935
海軍省 - Ministry of the Navy
Original case.
日露戰没三十周年 - 30th Anniversary of the Russo-Japanese War
記念 - Commemorative
海軍省 - Ministry of the Navy