Model 12 (I love that name!), since you said Japan I'd bet my next paycheck that's old Keyaki, an indigenous hardwood tree long since used for handles and fine furniture. It's sort of on the lines of walnut here, although it doesn't darken quite as much after being cut.
If not, it may be Katsura, which the Nippon used on their Arisaka rifles, circa 1930s-1940s. Now, if it IS Katsura, they rubbed a finish on it made of a Sumac style tree, and it's poisonous. Funny I'd say this twice in 15 minutes, but please be sure not to breathe dust from it when working it.
But anyway, that's my guess.