Obverse
表彰 - Award/Commendation
reverse
青年訓練 - Youth Training
表彰記念 - Award Commemorative
福嶋縣 - Fukushima Prefecture
Made in pure silver by キムラ - Kimura workshop https://asiamedals.info/threads/badges-marks-and-labels-of-kimura-watch-shop-ki-ra.23228/