Any better translation is welcome, as I'm not sure if these are the intended puns here.
H- Happy... Holedays
Original pun: "Akemashite" from the phrase Happy New Year can mean "to open up" as in this context the hole on her panties. ... SorryHappy New Year. Do you have a New Year's Gooift for me?Original Pun:"Otoshidama" from the word New Year's Gift can mean "a droplet of some liquid", which I'm assuming is the pun here for the wetness on her panties