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Sega Fave

A Japanese toy and arcade company formed through the expansion and renaming of Sega Toys.

Last updated August 24, 2026

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Overview

Sega Fave Corporation is a Japanese toy, amusement-machine, and arcade business within the Sega Sammy Group. It was known as Sega Toys Co., Ltd. until 2024, when Sega Sammy transferred Sega Corporation's amusement-machine business into the company and adopted the Sega Fave name. The change broadened the company's role from a toy-focused subsidiary into an organization covering both consumer products and the development and sale of arcade equipment and games. The company's roots extend to Yonezawa Toys, a major Japanese toy manufacturer established in Tokyo during the post-war period. Yonezawa became known for producing a large variety of electrically operated and mechanical toys and was an early participant in the radio-control market. It also produced toys under labels including STS and developed radio-controlled vehicles. In the model-car field, Yonezawa acquired Taiseiya Company, whose Micro Pet die-cast line was later associated with the Cherryca Phenix and Diapet names. Sega absorbed Yonezawa Toys in 1991, creating Sega-Yonezawa. The Yonezawa identity was subsequently phased out, with the company operating as Sega Toys from April 1998. After the formation of Sega Sammy Holdings, Sega Toys was reorganized within Sega's entertainment-contents operations. Its business included toys and electronic products linked to children's and family entertainment properties, as well as original products marketed under the Sega Toys name. Notable Sega Toys properties and product activities included toys connected with Oshare Majo: Love and Berry, Mushiking: King of the Beetles, Lilpri, Bakugan, Jewelpet, Rilu Rilu Fairilu, Dinosaur King, and Hero Bank. Products distributed in Western markets included the Homestar home planetarium and the iDog electronic companion product. Sega Toys also inherited responsibility for the Sega Pico educational system and produced software for that platform. Although it shared the Sega name, Sega Toys was positioned as a distinct toy and consumer-product business rather than simply as a video-game studio. It sometimes worked with Sega's arcade operations, including cooperation on UFO Catcher prize-game activities in which Sega supplied arcade equipment and Sega Toys supplied prizes. The 2024 restructuring created a closer operational connection between the toy business and Sega's amusement-machine activities. Sega Fave therefore represents a combined toy and arcade company, with activities spanning character merchandise, educational and electronic toys, amusement equipment, arcade games, and related prize products.

History

Sega Fave's corporate history combines the legacy of Yonezawa Toys, Sega's toy operations, and the amusement-machine business associated with Sega. Yonezawa Toys was established in Tokyo during the 1950s and became one of Japan's prominent toy manufacturers during the post-war expansion of the country's consumer economy. Its catalog included thousands of electrically operated and mechanical toys. The company also participated early in the radio-control market, although its product development extended across many categories rather than being limited to one specialist line. Yonezawa used several labels over the course of its history, including STS, whose origins are not clearly established in the available reference material. During the 1980s it briefly returned to radio-controlled vehicles with the Wave Hunter buggy, which was marketed in North America as the Monogram Lightning. Its model-car heritage was connected with Taiseiya Company, producer of the Micro Pet line of small die-cast cars. Taiseiya adopted the Cherryca Phenix name in 1962 and was acquired by Yonezawa in 1965. Yonezawa later used the Diapet name for model cars ranging from approximately 1:24 to 1:18 scale, with some smaller collection sets appearing in the 1990s. Sega absorbed Yonezawa Toys in 1991. The acquired business initially operated under the Sega-Yonezawa name, linking Yonezawa's established manufacturing capabilities with Sega's expanding entertainment business. The Yonezawa identity was dropped in April 1998, after which the company operated as Sega Toys. Following the creation of Sega Sammy Holdings, Sega Toys was placed within Sega's entertainment-contents structure. During the Sega Toys period, the business developed and marketed products for children and families, often using licensed or affiliated entertainment properties. Its associated franchises included Oshare Majo: Love and Berry, Mushiking: King of the Beetles, Lilpri, Bakugan, Jewelpet, Rilu Rilu Fairilu, Dinosaur King, and Hero Bank. The company also released products outside Japan, including the Homestar home planetarium and the iDog electronic companion. It inherited the Sega Pico educational platform and produced software for the system, extending its role beyond conventional physical toys. Sega Toys generally operated as a distinct consumer-products business despite sharing the Sega name with the arcade and video-game businesses. Collaboration remained possible where the companies' capabilities complemented one another. One example was the UFO Catcher prize-game ecosystem: Sega manufactured the amusement equipment while Sega Toys produced prizes. This relationship became more structurally significant in 2024. In January 2024, Sega Sammy announced a plan to transfer Sega's amusement-machine business to Sega Toys. The transferred activities included arcade-machine development and sales. The corporate name was changed to Sega Fave Corporation, with the new structure taking effect in April 2024. This made Sega Fave the separate corporate representative of Sega Sammy's amusement-machine activities while retaining the inherited toy and family-entertainment business. The reorganization marked the company's transition from a primarily toy-oriented subsidiary into a broader platform covering toys, arcade hardware, arcade software, and amusement prizes.

  • 2024

    Sega Toys becomes Sega Fave

    [1]

    Sega Sammy transfers Sega's amusement-machine business to Sega Toys and renames the company Sega Fave Corporation, effective in April.

  • 1998

    Sega-Yonezawa identity is retired

    [1]

    The Yonezawa branding is dropped in April, and the company continues as Sega Toys.

  • 1991

    Yonezawa Toys is absorbed into Sega

    [1]

    Sega absorbs Yonezawa Toys, and the business briefly operates under the Sega-Yonezawa name.

  • 1965

    Yonezawa acquires Taiseiya

    [1]

    Yonezawa Toys acquires Taiseiya Company and incorporates its model-car activities into the broader Yonezawa portfolio.

  • 1962

    Cherryca Phenix name introduced

    [1]

    Taiseiya's Micro Pet model-car line is associated with the Cherryca Phenix name.

  • 1950

    Yonezawa Toys is established

    [1]

    Yonezawa Toys is founded in Tokyo during the post-war period and develops into a major Japanese toy manufacturer.

Products and positioning

A Japanese family-entertainment and amusement company combining consumer toys, educational and electronic products, franchise merchandise, arcade machines, arcade games, and prize goods.

  • Home planetarium

    Homestar

    Homestar is a home planetarium product developed and marketed by Sega Toys. It uses compact consumer hardware to project star-field imagery for domestic and educational-style viewing. The line is one of the Sega Toys products specifically noted as having been released in Western markets.

  • Electronic companion product

    iDog

    iDog is an electronic companion product associated with Sega Toys and distributed outside Japan. It represents the company's focus on characterful, interactive consumer electronics rather than only conventional playsets or licensed merchandise.

  • Educational game system

    Sega Pico

    Sega Toys inherited the Sega Pico edutainment platform and produced software for it. The system sits at the intersection of toys, learning products, and electronic games, reflecting Sega Toys' broader family-entertainment remit.

  • Die-cast model vehicles

    Diapet

    Diapet was the name used by Yonezawa for model cars derived from its own range and the activities acquired from Taiseiya. The line included larger-scale die-cast vehicles and later smaller collection sets.

  • Arcade prize merchandise

    UFO Catcher prize products

    Sega Toys produced prizes for UFO Catcher amusement machines in cooperation with Sega's arcade business. Sega supplied the equipment while Sega Toys contributed the collectible and prize merchandise used in the attraction.

Brand decisions

  • 2024

    Transfer and consolidation of the amusement-machine businessStrategy

    Background

    Sega Sammy's restructuring plan sought to place Sega's amusement-machine activities, including arcade-game development and sales, within the Sega Toys organization.

    Action taken

    The amusement-machine business was transferred to Sega Toys, and the company was renamed Sega Fave Corporation in April 2024.

    Aftermath

    Sega Fave became the separate company representing Sega Sammy's amusement-machine business while continuing its toy and family-entertainment activities.

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