Resolution criteria

This market resolves YES if Hasbro completes an acquisition of Sanrio on or before December 31, 2030. Resolution will be confirmed by official announcements from either Hasbro or Sanrio, SEC filings (if applicable), or major financial news sources such as Bloomberg, Reuters, or the Wall Street Journal. The acquisition must involve Hasbro obtaining majority ownership or control of Sanrio as a whole company. Partial stake purchases or minority investments do not qualify. If no acquisition occurs by the deadline, the market resolves NO.

Background

Sanrio is a Japanese company best known for creating cute, character-driven brands, most famously Hello Kitty, founded in 1960 by Shintaro Tsuji. The current market capitalization of Sanrio is $7.1B as of February 2026. Sanrio ranks 10th among global licensors with $8.4B in retail sales of licensed consumer products during 2024, while Hasbro ranks 5th with $16.1B. Sanrio is a publicly traded company with ticker symbol 8136 on the Tokyo Stock Exchange. Sanrio has experienced significant recovery with an operating profit of ¥26.9bn in FY24.

Considerations

No acquisition discussions between Hasbro and Sanrio have been publicly announced as of February 2026. Such a transaction would represent a significant cross-border acquisition of a publicly traded Japanese company, which would require regulatory approval and shareholder consent from both parties. The toy and entertainment licensing industries have seen consolidation activity, but Sanrio has historically maintained independence while expanding through partnerships and licensing agreements rather than being acquired.

This description was generated by AI.