Kabushikigaisha Takara Tomī (trade name Takara Tomy in Asia and Tomy elsewhere) is a Japanese toy company. It was established in 1924 by Eiichirō Tomiyama as 富山玩具製作所, became known for creating popular toys like the B-29 friction toy and luck-based game Pop-up Pirate. In 2006, Tomy merged with another toy manufacturer, Takara, and although the English company name remained the same, it became Takara Tomy in Asia. It has its headquarters in Katsushika, Tokyo.
Tomiyama was shocked when his son told him that Tomy's toys were bad and that he wanted to work for Bandai when he was an adult. In response, Tomiyama created the moderately successful Zettai Muteki Raijin-Oh (then Genki Bakuhatsu Ganbaruger), but the product development team followed these with Nekketsu Saikyō Go-Saurer, which was a catastrophic failure. It became common wisdom within the industry that Tomy could not support a multimedia franchise. However, Tomy established a relationship with Shogakukan and created the successful Wedding Peach and Let's & Go.
Tomy learned about the growing popularity of Pokémon through the monthly CoroCoro Comic and obtained the commercial rights. Bandai at the time was busy with its big hit, Tamagotchi, and was not interested in Pokémon. Tomy acquired the rights to commercialize a wide range of merchandise, mainly toys, and released the "Monster Collection" of figures next year. The Pokémon anime became a huge hit, and sales of related products doubled. Tomy, which had been the third largest company in the toy industry since the 1980s, rose to second place in 1997.
In 2001, competitor Takara's hit franchise Beyblade and Pokémon's slump saw Takara regaining second place and Tomy falling back to third place. However, Beyblade subsequently faltered, which adversely affected Takara's fortunes. Tomy merged with the suffering company, and they became Takara Tomy).
In Western media, the Takara Tomy merger was typically characterised as a 'takeover' of Takara by Tomy (likely because several years of losses had put Takara in a financially weakened state at the time of the merger (although Takara did have significantly higher sales than Tomy)). However, the companies' management teams had previously discussed merging (including at times when Takara appeared stronger). Under Japanese corporate law, the move was a merger of both companies on an equal basis.
Post-merger media speculation about the control of brands from the Takara Tomy merger arose from the new use of a "TOMY" copyright on all packaging (including former Takara brands shipped by Hasbro) (but this was merely a consequence of the decision to use only the Tomy name in international subsidiaries). In Japan, Takara Tomy continues to use both Tomy and Takara as distinct brand names on toy ranges which originated in each separate company, and most new toy ranges or stand-alone products now carry the new Takara Tomy brand.
Takara purchased a majority stake in Tatsunoko Production in June 2005. The studio then became a full subsidiary of Takara Tomy following the March 2006 merger until Nippon Television bought out the majority of Tatsunoko's stake in 2014. Tomy UK was founded in 1982 for the sale and distribution of Tomy products in Europe, and it has successfully brought toys such as Zoids, and games like Pop-up Pirate, to the West. Tomy UK's slogan has traditionally been "Trust Tomy". In 2006, Tomy UK launched a website on which consumers can buy online from Tomy's catalogue. In early 2011, Takara-Tomy acquired RC2 Corporation and the RC2 sub-brand Learning Curve, which included The First Years, Lamaze, and Compass.
Tomy sells many products worldwide, including baby and pre-school toys, , mechanical and electronic games, consumer electronics, children's Handicraft products, and a vast range of toys suited to girls or boys. They make a large selection of Disney, Pokémon and Thomas the Tank Engine merchandise. They also publish video games in Japan (mostly based on Zoids and Naruto anime series), and are responsible for the distribution of some Hasbro products in Japan, such as Play-Doh, Jenga and Monopoly. The company was formerly responsible for distribution of the My Little Pony products in Japan before Bushiroad acquired the distribution rights to them starting with the franchise's line (though was owned by Hasbro). Later in 2015, after Bushiroad disowned the distribution rights, Sega Toys reacquired the rights to all generations of the franchise before selling the rights back to Hasbro.
A list of notable products include:
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