Art by 菘 (Suzuna Mikan/kura) at Pixiv (56712) or kyuxyu.net/~mikan49/ww/
The song is Nornir by Tika and Yakushimaru Etsuko Metropolitan Orchestra, the arrangement via Eto Naoko.
This is a file reprint from Nico Nico Douga. I own nothing.
niconico: sm16324376
complete video: http://theyullenator.tumblr.com/post/21362872496/mawaru-penguindrum-op-ver
TRANSLATION (via animelyrics):
Your eyes, turning back, forth, and around
Are searching around on the station’s platform
A fanfare echos in the atmosphere
While the town is making a lot of rattling noise
For the time being I tried lending my ears
To the world that would very soon disappear
Sorry
I have a feeling that we won’t see each other again
Destiny is laughing at us
I have broken through the critical point
And gone way past my upper limit
While the absolute control over me is crumbling down
From the end boundary of a world made of 0’s and 1’s
I yell: “World’s end is nothing more than a theory”
But I have a feeling that you will come to see me soon
So I will close my eyes
WACOCA: People, Life, Style.