From Traveler's the description is like a Wes Anderson snippet-
"A pencil that is suitable to carry around during one’s travels or being on the go. This portable pencil requires an additional step when using it, and this makes the act of writing a little bit fun. When not in use, the shape of the pencil should make you want to fiddle with it. This pencil is made in a local factory that is located in a historical district in Japan."
This pencil has three parts, the brass made holder and the actual pencil with an iron cup, maybe four when you include the refillable eraser. When this is not used, the pencil fits inside the holder, transforming into a compact “carry around” size.
We carry this stylish yet utilitarian pencil's refills!