Wa-kon Yo-sai

和魂 is Japanese Spirit. 洋才 is European Talent.
-->Leteraly means "Japanese Spirit and European Talent"

Explaining
To have Japanese Spirit and European Knowledge.

This Japanese proverb was born in 19th century when Europe was leading the world and we had just finished our samurai era. The Japanese "Meiji" government decided to adopt European style to catch up with Europe and America. However, we did not want to lose our identiy so that this proverb was created. The Japanese still use this word not to lose Japanese Spirit.