TOKYO -- Sanrio, owner of the Hello Kitty franchise, is considering investing around 100 billion yen ($663 million) in mergers and acquisitions through the fiscal year ending in March 2027.
Candidates include overseas companies 'in the digital space'

Sanrio's Seiichiro Matsumoto shares some of the company's plans for M&A and investor relations goals. (Photo by Aline Sauvegrain Tanabe)
TOKYO -- Sanrio, owner of the Hello Kitty franchise, is considering investing around 100 billion yen ($663 million) in mergers and acquisitions through the fiscal year ending in March 2027.