DISRAELI GEARS
This is a 1994 Sachs New Success branded as IRCOS. It is a tidy, competent item. But perhaps rather out of date.
IRCOS did not acquire the lucky bag of old Sachs (or Sachs-Huret or even Huret) factories until 1999. The logo on this derailleur was trademarked in 1999.
So I have, spuriously, guessed the launch date of this derailleur as being 1999. You may note that it appears to have been manufactured in 1995 and had been sitting on a shelf somewhere for 4 years. This makes it likely that it is an 8-speed.
Ref. 2018