Haramitsu means pāramitā, or the Buddha's satori: reaching Buddhahood despite worldly distractions. 波 are waves; kanojyo wa nami ga aru ("she has waves in her mind") implies that a person is unstable from worry and confusion.
Haramitsu refers to pāramitā, or the attainment of Buddhahood despite worldly entanglements. 波 signify waves; the phrase kanojyo wa nami ga aru ("she has waves in her mind") suggests that a person is turbulent due to anxiety and disarray.