Sweet shaker set with two kids bundled up in their red snowsuits and toting the letters to spell Noel. The boy is wearing a Santa hat and holding the N and O. The girl has holly trim in her blonde bob and is holding the E and L. 
Both shakers have the original stoppers although they look brittle—best to use these as figurines! They have JAPAN stickers but no maker’s mark/sticker. 
4” high. 
The letter E has some chips on the side that look old and possibly repainted—it’s hard to tell. Other than that, no other chips/cracks/repairs. The paint is excellent and vibrant even after 60+ years.