Obverse
江南 - Jiangnan (a region of China, south to the lower reaches of the Yangtze River, the region encompasses the city of Shanghai)
reverse
昭和七年上海事変 - 1932 Shanghai Incident
武生江南残櫻会 - Takefu [Chinese reading wǔshēng - an actor playing a martial role in a Chinese opera] Jiangnan Scattered Cherry Blossoms (cherry blossoms were often used to represent the brave soldiers and their rebirth as flowers in the Yasukuni Shrine) Association