The device known as shoyu-tai (or soy-sauce snapper in Japanese) was invented in 1954 by Teruo Watanabe, the founder of Osaka-based company Asahi Sogyo, according to a report from Japan’s Radio Kansai.
It was then common for glass and ceramic containers to be used but the advent of cheap industrial plastics allowed the creation of a small polyethylene container in the shape of a fish, officially named the “Lunch Charm”.
The invention quickly spread around Japan and eventually worldwide, and it is estimated that billions have been produced.
I don’t know. As I mentioned elsewhere I’m not a chemical engineer, but I imagine that being made from starches, it may be decomposed into digestible compounds. Just guessing here.