This float has two maker's marks. One is WP #24 'Shi' シ. The other mark is WP #118 'Sa' サ.
This stamp seems to be somewhat different than WP #125 because the marks are far apart and appear to be separately applied rather than by one stamp.
This float is also larger than the typical 3 inch floats that are stamped with WP #125. It measures 13 1/4 inches in circumference or about 4 1/4 inches in diameter.
Found in Northern Japan.
This float has excellent provenance having come from the ex-Jerry Wightman collection.