MADE IN | | JAPAN
The matrix info indicates a JVC pressing.
Known matrix numbers: 9 23985 2 1E13
9 23985 2 M3E11
9 23985 2 M3E12
9-23985-2-S4E11
9-23985-2-S5E11
9-23985-2-S5E31
9-23985-2-T7E14
I wouldn't be surprised if there were several more.

Front cover of the eight-page booklet
Inside back cover of booklet says, "Manufactured by JVC, Japan.
Printed in Japan."

Rear tray insert "Printed in Japan" with barcode.
"9-23985-2" is printed on the reverse.
Later pressings of this target CD are also sometimes found in this US-printed back insert:

Nothing is printed on the reverse. The booklet states "Printed in U.S.A." on page seven.

Notes: This silver stock target CD is fairly common. The variation with the painted background is scarcer.
See separate listing.

Jewel case info: (-S5E11) smooth frosted two-dimple case with "T4" embossed on the back and on one
tab. Eight-prong disc tray embossed "Patents pending" and "T2"

11/15/19