There were a huge number of these games produced in Japan during the years after WWII all using variations on a few different sets of artwork and titles. Cheaply made, and sold in Dime stores in the USA, not surprisingly most ended up in landfills. They are about the size of a music cassette.
The game is in EXCELLENT-NEAR MINT condition. Just a few minor scratches to the paint and the gold-plating at the bottom. Works perfectly. Overall I would grade the game 8-9 on a 10 scale (see condition guide below).
The game packaging is in POOR-GOOD condition. As you can see there are a few holes in the bag and the cardboard has some missing pieces. You almost never find these with the bags. I would grade it a 2-3 on a 10 scale (see condition guide below).
MINT (10): I will only give this grade to brand new, unused items. NEAR MINT (9): Shows virtually no use. Seldom if ever played. Perhaps some very light handling creases to the instructions or other minor flaws with the game parts. Boxes will have only the slightest hint of shelf wear. EXCELLENT (7-8): The game has seen some use but it was obviously well taken care of. Game parts might have some light handling creases or other signs of careful use. Board might have just a hint of color loss or dented corners. Boxes will have light rubbing to the artwork or perhaps some minor dishing or a very light stain. VERY GOOD (5-6): The game was not especially well cared for but it still has faired pretty well. Game parts will show obvious use but nothing will be torn, badly stained or have any serious damage. Box may have some rubbing, light staining, dishing, 1 or 2 neatly split corners, minor writing and/or a few pieces of tape. No major structural damage and artwork will still be generally attractive. GOOD (3-4): Obviously no care was taken with the game but it is still playable as is. Game parts show considerable use but the game is complete with all parts in usable condition. Box may have staining, writing, split corners, dishing and/or other structural damage but it will be intact and still usable. POOR (1-2): Only suitable to fill a space in your collection. Game will be missing parts (these will be noted). Box will have serious damage and may be missing aprons or badly torn.