王朝時代
おうちょうじだい
Dynastic period (the Nara period and esp. the Heian period, characterized by the rule of the emperor as opposed to shogunate)
王莽時 is read as おおまがとき (oomagatoki) and means twilight (traditionally regarded as a time when accidents and disasters are frequent).
おおまがとき
oomagatoki
おうちょうじだい
Dynastic period (the Nara period and esp. the Heian period, characterized by the rule of the emperor as opposed to shogunate)