I've never actually seen the show, but this is the much-recognized character called Totoro, a tree-spirit from Miyazaki's anime film My Neighbor Totoro. I really ought to rent this sometime. Isn't he cute?
Anyhow, I saw a knitted pattern online for a cute Totoro hat and couldn't resist making it:
It's made with leftover Lion Brand Cotton Ease, knit on US6. I had just enough to make the ears, ties and tassles, and the face details are just white felt and black scrap yarn. The pattern is a free one by Hello Yarn and calls for DK weight, but it's not hard to sub in worsted weight. It's quite a clever little pattern...basically a toe-up sock using a figure 8 cast-on, and then you make a few decreases to shape the back of the bonnet.
I think Totoro's nose should have been a little bigger, and I forgot he had whiskers...oh well. he's still pretty cute as he is. This staircase bannister is the best baby mannequin ever.