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This is an old Romer helmet that dates back to the 50's. I am sure the paint job is a more recent addition. No idea what the Japanese caricature means.
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There is a story behind this hat......I had an original but unrestored Moto One BMX bike. A guy wanted the Moto One but I was not interested in selling, it had been picked up on the cheap! He knew I collected helmets so he scoured the swap meets around Los Angeles until he found this. So for a little bit of cash and this helmet, he is the proud owner of the Moto One. Both of us are pleased.
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This is a great hat that any of the current Cafe Racer/Ton Up types would love to have.