V Sign from Japanese: Victory, Peace or what else ... ?

Hello.

:win: This emoticon seems appropriate.

I see a lot of Japanese references to the holding of two fingers in the air, like a V sign.
For westerners, it can mean Victory (since Churchill) or Peace (Since the hippy years). But what does it mean for Japanese ? I saw many manga characters using V, after screeming "Yataaaa" for exemple, which connotes victory. But I also saw some footing of the Royal Family recently with the youngest child and her parent hold two V's while singing a song. So does the V connote additionnal meaning to this ?

Thanks.

Look at this thread ;-)

The V sign

One piece of advice , use the search button, it prevents double threads !

D'oh.

Well, I guess I wasn't alone asking for this.

Sorry for the double-post.