Hello Kitty Owner Sanrio Overtakes Toyota in Stock Turnover

El Financiero

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The owner of Hello Kitty, Sanrio, surpassed Japan's largest company, Toyota Motor, in stock billing last month thanks to the company's inclusion in the MSCI index and its perceived resilience to tariff risks.In May, Sanrio's shares worth 2.1 trillion yen ($14.6 billion) were traded on the Tokyo Stock Exchange, more than double the previous month and surpassing Toyota's 1.7 trillion yen, according to data published by the stock exchange on Friday…

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With a total of US$ 228 billion, the list brings leaders of the field, technology, drinks and real estate At the age of 97, Shintaro Tsuji, founder of Hello Kitty, returned to the list of the richest billions of Japan after the strong growth of Sanrio, which founded and recorded a drop of 137% in the annual profit. High Billions: Elon Musk leader ranking of the richest in June; see the list Social Mobility: Less than half of the Brazilians born …

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Sanrio's stock fell by about 1.5% at 14:04 on Friday in Tokyo, while Toyota's stock rose by 0.3%.