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During the year after WWII, Japanese manufactures were banned from exporting although American authorities occupying controlled territories permitted the sale of items "Made in Occupied Japan" that were regulated through the years 1946 and 1947. The mark was used until 1955, so your piece is from the period 1946-1955.
Could you provide a picture of the figurine? Also could you provide a picture of the manufacturer mark?
Please, send the picture to the following email address:
They will forward the pictures to me. Please, remember to include the question link showed below in the email: