"慶" is be delighted.　"寿" is long life.　 Heisei period (Heisei jidai), also known as the Heisei era, is the Japanese era after Shōwa and before Reiwa. This period started in February 1989 and ended on April 30, 2019 with the emperor's abdication. During this time, the emperor was Akihito. Vintage Japanese Folding Hand Fan Heisei Era Heisei 8 1996 Approximately 11.25" high Approximately 20.0" across when fully opened In great shape https://www.etsy.com/shop/RejoiceArts