The story
Founded by Shintaro Tsuji on Aug 10, 1960.1
Shintaro Tsuji founded Sanrio on August 10, 1960, then known as the Yamanashi Silk Company using ¥1 million in capital. In 1962, Tsuji expanded his enterprise from silk to rubber sandals with flowers painted on them. Tsuji noticed his success gained by merely adding a cute design to the sandals. He began using existing cartoon characters for his merchandise. In the late 1960s, the company began producing goods featuring Charles M. Schulz's dog character Snoopy, from the American comic strip Peanuts, after acquiring the Japanese licensing rights.
In 1973, the company was officially established under the name Sanrio. In the book Kore ga Sanrio no Himitsu Desu (これがサンリオの秘密です) or These are Sanrio's Secrets Tsuji, Sanrio's founder, said that Yamanashi (山梨), part of the company's former name, has an alternative on'yomi reading of Sanri. The remaining o was added from the ou (オウ) sound people make when they are excited. The company's European website gives another origin of the name, saying the name comes from the Spanish words san ('holy') and río ('river').
Tsuji hired his own designers to create characters for Sanrio, so as to not have to pay outside royalty fees. The first original Sanrio character, Coro Chan, was introduced in 1973. Hello Kitty was added to the lineup of early Sanrio characters in 1974 and the first related merchandise was released the following year. The popular feline whose mouth is usually invisible has had both peaks and drops in sales over the years but always has been the highest contributor to Sanrio's sales. Sanrio constantly adds new characters to its lineup. Specific characters are rotated in and out of active production. For a short time, Osamu Tezuka's baby unicorn character Unico, who starred in two feature-length animated films in the early 1980s, was also part of Sanrio's lineup; however, the rights to Unico shifted to Tezuka Productions, Osamu Tezuka's own company, after Tezuka's death in 1989.
In late 2003, Sanrio won the "Top Brand with a Conscience" award from the Medinge Group of Sweden for its communication principles. The company has partnered with UNICEF since 1984. In 2006, Sanrio launched Sanrio Digital together with Typhoon Games to expand to the Internet, online games, and mobile services.
Beginning with Jewelpet in 2008, Sanrio started collaborating with Sega Toys in creating characters intended to become media franchises. Subsequent collaborations include Rilu Rilu Fairilu in 2016 and Beatcats in 2020.
In 2010, the company celebrated its 50th anniversary. In conjunction with this, Build-A-Bear Workshop released limited-edition stuffed toys of several Sanrio characters, including Hello Kitty, Chococat, My Melody and Keroppi.
Hello Kitty is alleged to be drawn in a similar style to the rabbit character Miffy. On August 26, 2010, Mercis BV, representing Miffy's creator Dick Bruna, filed a lawsuit against Sanrio, claiming that one of Hello Kitty's companion characters, a rabbit named Cathy, infringed on the copyright and trademark of Miffy. On November 2, 2010, a Dutch court ruled against Sanrio and ordered the company to stop marketing Cathy products in Belgium, Luxembourg, and the Netherlands. Following the March 11, 2011, earthquake and tsunami in Japan, Sanrio and Mercis reached an out-of-court settlement on June 7, 2011, for Sanrio to halt production worldwide of merchandise that features Cathy. They also jointly announced a €150,000 donation to earthquake victims.
In December 2011, Sanrio Global acquired the rights to the Mr. Men characters, which includes the subsidiary Mr Men Films Ltd, taking over Chorion's THOIP company.
Read the full text
In 2019, the European Commission fined Sanrio 6.2 million euros (approximately 6.9 million US dollars) for blocking cross-border sales of its licensed products.
In June 2020, it was announced that the company's founder and president, Shintaro Tsuji, would step down from the role and hand control of the company to his grandson, Tomokuni Tsuji. Tomokuni was just 31 at the time, making him the youngest chief executive of a listed Japanese company. Shintaro Tsuji ran the company for 60 years.
From Wikipedia’s article on Sanrio, shared under CC BY-SA 4.0.5
