Plaster Daruma with bell, HACHIRO, red

Japanese wish doll, DARUMA, red for Luck, Made in Japan

Daruma is the Japanese name for Bodhidharma. The Daruma is a Japanese papier mache figurine in the shape of a Buddhist monk. A Daruma is also, in Japanese culture, a wish figurine.
In Japanese culture, we draw the pupil at first sight by making a wish. If this happens, we draw the second pupil.

Regarding colors:

Red for luck and good fortune,

Purple for health and longevity,

White for harmony,

Yellow for security and protection,

Rose for love,

Gold to obtain wealth and prosperity.