Pixar designs mascot character for NTV’s “24-hour Television”

I admit I winced a bit when I saw the eyes of the mascot. The angle is a exaggerated a bit too much for my taste. I wonder why they thought that would be a good idea?

Pixar’s a very savvy company with strong multicultural sensibilities, so I’m sure they meant no offense. It’s just an odd character design choice.

No, they don’t. This would be too much trouble. Lipsynching can nowadays be done automatically by the computer for digitally animated 3D characters with more or less good results (although usually there are still glitches that need to be fixed), but rendering of complex scenes with raytracing still takes lots of time.
Also this would mean that with several audio tracks in different languages on a DVD/BD, you’d also need the different video tracks. It’s easier to force translaters and voice dubbers to stick to the original lip movements as much as possible. The human mind si relatively forgiving when it comes to this.
Also, watch some Japanese anime. You’ll notice, that even there the lip synching is far from perfect, even though the animations are made for Japanese voice acting. This is because of the way that Japanese animation gets produced, compared to, for instance, The Simpsons.