YOSHIO UDAGAWA, co-founder and Chairman of Tokyo Plaything Shokai in Japan, passed away after a long illness at the age of 87. Known to toy collectors by their three fingered trademark with the initials T.P.S., that stood for the company name and represented the three people who started the company together. The company is currently managed by his son, Kazu Udagawa.
Originally working for toy company Kokyu Shokai, Mr. Udagawa left to start T.P.S. with Yasuo Kushida and the late Yukio Miyakawa in 1954. Even though they were a smaller company, their unique and whimsical designs made them very popular and attracted many collectors over the years. Many of the licensed Disney and Popeye toys sold by the Japanese LineMar division of Marx were designed and produced by T.P.S. Mr. Udagawa will be remembered for his willingness to share Japanese toy history but mostly for toys that made you smile!