A riding toy (10) is provided that obviates the necessity of battery replacement and which can urge a rider to take exercise while preventing the rider from getting tired. The riding toy (10) has one front wheel (12a) and two rear wheels (12b)provided rotatably on a body (11), a generating motor (33) linked with the rear wheels (12b) via a power transmission mechanism (31), a rectifier bridge circuit (35) that rectifies an output current from the generating motor (33), a storage unit (37) that stores a direct current from the rectifier bridge circuit (35), button switches provided on the body (11) or a handlebar (13), an output unit (44) provided on the handlebar and including a sound emitting device or a light emitting device and a control unit (39) that causes the output unit (44) to perform a predetermined operation in response to operation of the button switches based on a current supplied from the storage unit (37).