20"x24" I'm not 100% sure if the title is correct. I had a friend of mine translate it for me. Either Tomitaro or Fujitaro is the artist. I personally don't know enough about paintings to confidently tell the material used, but I believe it to be oil on canvas.
I purchased this piece at an antique shop in Melbourne Florida. The owner of the specific booth had many asian pieces there.
Thank you for contacting Mearto. This is a painting of a geisha. I cannot tell for sure if it is oil or acrylic from the photographs, but I bend toward acrylic. Oils dry slowly so artists usually use this aspect to create gradation, blending colors. In this painting, the colors are all clean and separate.
I was unable to locate a painter named Fujitaro. There is a painter named Matsumoto Tomitaro (b. 1905). He would fit the timeline, but his style is very different, so I don’t think it is his work.
I believe this is a contemporary copy of a traditional Japanese ukiyo-e woodcut print. The use of a stretched canvas like this is not seen in this genre. Furthermore, certain details (the fingers and the face particularly stand out) are out of proportion and are not in line with what one would see in a painting of this genre.
Based on this, the Fair Market Value is between $100 and $200.
Matsumoto Tomitaro paintings:
http://www.artnet.com/artists/tomitaro-matsumoto/