The present invention provides a transformable toy capable of being transformed from a doll robot toy into a compact figure. Each of leg sections 11 of the doll robot toy 1 has a knee-position connecting mechanism 23 for connecting a thigh section 11a and a shin section 11b and an ankle-position connecting mechanism 27 for connecting the shin section 11b and a foot section 11c. The knee-position connecting mechanism 23 is constructed so as to allow a calf portion of the shin section 11b to be placed adjacent to the rear side of the thigh section 11a. The ankle-position connecting mechanism 27 is constructed so as to allow a sole portion of the foot section 11c to be placed adjacent to the back side of the body section 5 of the doll robot toy.