I thought it looked like it was from Disney Town since the handle looked like Disney Castle. Besides, if it was "walks" wouldn't there be a "ru" in there somewhere?
waarukusu ワールクス
I remember it when I was watching the live stream of Aqua gameplay. Pretty sure it was Castle of Dreams.
And no, because it wouldn't sound right. The L in walks is silent. Plus, Fairy Star, for example, would be "Fearii Sutaaru" if the r's and L's had to be pronounced.