[Demonskid]

Yes there is. Many meanings really.

The Maneki Neko is called the Good Luck Cat. Also known as the Beckoning cat.

The paw is raised up to call others over. you often see them infront of japanese shops and stuff.

The Good Luck part is for the statues. Depending on what Paw is raised. One paw is for money and i forget what the other paw is for,