Crisis for Hello Kitty as Disney steals the show

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A Chinese tourist holds a Hello Kitty rolling bag as he boards a bus in the Akihabara shopping district in Tokyo on Oct. 4.

MIO TOMITA, Nikkei staff writer

TOKYO -- Weak spending by visitors to Japan and the growing profile of Disney characters have eaten into Sanrio's profits, dealing a huge blow to its beloved character Hello Kitty.

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