This is a key ring from atlast&co. I bought it at their directly managed store in Shibuya. Please refrain from purchasing if you are overly concerned about the condition, as this is a used item. There is no horseshoe-shaped key ring. Only the carabiner in the photo is included. Please refer to the photos for the condition of the item. Paper bags and price tags are not included. Only the carabiner is included. atlast&co. Atlast Key Ring - Beautiful Condition