Nirvana Ponies by Country
Argentina	Australia	Brazil	Colombia	France	Germany
Greece	Italy	India	Japan	Macau	Mexico
Netherlands	Peru	Scandinavia	South Africa	Spain	Venezuela

Generation 1

Takara

In 1985 Hasbro licensed "My Little Pony" to the Japanese toy company Takara. The result was "Mai Ritoru Ponii - Osharena Poni" or "My Little Pony - Stylish Pony." They were marketed as poseable dolls that you could dress up and style their hair. There are 8 known different dolls, and at least 11 different outfits that could be purchased separately.

Takara is also the company that came up with Transformers, they licensed it to Hasbro.
Japanese Takara My Little Pony Commercial

Woosie's Takara Info (originally here http://members.aol.com/brandiwst/index.html), was a site I saw referenced to many times for Takara pony details. However I guess it was taken down about four years ago. But thanks to my favorite time travel device, The Way Back Machine, I have resurrected the info (minus the pix) and put it up here. Beware I didn't edit it really, so there are weird links and broken jpegs everywhere.

Catalog Pages

Pinky and Milky

MIB Pinky

MIB Milky

Two adult Characters are named, Pinky and Milky. They are twins. Pinky is pink with pink hair. Milky is yellow with pink hair. They are both girls.

Loose
Pinky
Pinky
Takara Pinky (left) and fakie (right)

Lily and Popo

Only two baby ponies were made, Lili (pink with pink hair) and Popo (yellow with pink hair).
The babies are called "kawaii ponii" or "cute pony"
They were most likely sold together in two playsets. The first a carriage playset, and the second a bath tub playset.

Ochame Fashion

"sarasara-hair" or "silky hair"

Ochame Fashion Backcard

Aside from Pinky and Milky there were also four adult sized "ochame fashion" dolls. Ochame translates as playful or mischevious.

-"kurukuru-hair" or "curly hair": pale green body with teal hair

-"sarasara-hair" or "silky hair": very pale body with yellow hair

-"amiami-hair" or "braided hair": pale blue body with blue hair

-"fuwafuwa-hair" or "fluffy hair": pale pink body with darker pink hair

Kisekae Dress

"osharena ponii no kisekae doresu" or "Stylish Pony [Changeable Doll] Dress"

There were at least 11 different outfits that could be purchased separately for the dolls 1

Fakie Babies

various fakies from various angles

details of a fakie found in California

details of a fakie found in Finland

the bottom of this fakie has no marks

Real Takara babies will have clear copyright information on their bottoms
Fakies were produced by several companies, and while most have no information on their bottoms, a few have fainter takara copyright information because they were apparently cast from a genuine pony.
There more baby sized fakies based on Takara ponies than real Takara baby ponies.