Rare Keio Logo University Cheerleading Squad Uniform Cheer Ribbon Official Item?

This is a cheer ribbon for a cheerleading uniform from a famous university.
(The last image is a reference image of it being worn.)
There is a logo on the back of the ribbon.
The manufacturer is unknown.
- The material of the ribbon fabric is unknown, but it is stiff.
It has a glossy feel and is made of a thick fabric that creates a three-dimensional effect.

There are no other major frays, damage, or stains, but
as I am not a collector, I cannot guarantee perfect condition and may have overlooked something.
Please be aware that as this is a long-term storage item, there is a possibility of dust or moldy odors.

Please check the condition of the item in the images.

I will be listing this item in accordance with Mercari's terms of service, and will not adopt any nonsensical seller-specific rules.
(Greetings before purchase are unnecessary, and please do not expect replies other than to your questions.)

Once purchased, I will not accept any returns or complaints after the item has been shipped.
This is due to instances of item swapping during returns, so thank you for your understanding.

◆Regarding Discounts◆
The price is set lower than the market value. Also, as shipping is included, I am not considering discounts.
I will lower the price at my own discretion, so please like it if you are interested.

The purchased item will be carefully packaged to prevent crushing and will be shipped promptly.