Jakks Pacific

#8538

Rank

$202.18M

Marketcap

United States

Country

Leadership team

Mr. Stephen G. Berman (Co-Founder, Chairman, CEO & Sec.)

Mr. John L. Kimble (Exec. VP & CFO)

Mr. John Joseph McGrath (Chief Operating Officer)

Products/ Services

Electronics, Green Consumer Goods, Manufacturing, Toys

Number of Employees

500 - 1000

Headquarters

Santa Monica, California, United States

Established

1995

Company Registration

SEC CIK number: 0001009829

Net Income

20M - 100M

Revenue

500M - 1B

Traded as

JAKK

Social Media

URL

https://www.jakks.com

Overview

Location

Recognition and Award

References

Summary

JAKKS Pacific, Inc. develops, produces, markets, sells, and distributes toys, consumables, and electronics and related products worldwide. It operates in two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products, inflatable environments, tents, and wagons. The company also provides role play, dress-up, pretend play, and novelty products for boys and girls based on brands and entertainment properties, as well as on its own proprietary brands; and indoor and outdoor kids' furniture, activity trays and tables, room décor, kiddie pools, and seasonal and outdoor products. In addition, it offers Halloween and everyday costumes for various ages based on licensed and proprietary non-licensed brands, and related Halloween accessories; outdoor activity toys; and junior sports toys, including hyper-charged balls, sport sets, and toy hoops. The company sells its products through in-house sales staff and independent sales representatives to toy and mass-market retail chain stores, department stores, office supply stores, drug and grocery store chains, club stores, value-oriented dollar stores, toy specialty stores, and wholesalers. JAKKS Pacific, Inc. was incorporated in 1995 and is headquartered in Santa Monica, California.

History

Jakks Pacific, Inc. was founded in 1995. Jakks acquired several companies including Remco, Child Guidance, and Road Champions in 1997, Berk and Flying Colors in 1999, Pentech in 2000, Toymax, Go Fly A Kite and Funnoodle in 2002, Color Workshop and Trendmasters in 2003, Play Along Toys in 2004, Pet Pal Corp. in 2005, Creative Designs International in 2006, and Kids Only Toys, Tollytots, and Disguise in 2008.

In February 2005, Jakks Pacific was instructed to restate the financial statements for fiscal year 2003 to account for the acquisition of Toymax, Trendmasters and P&M Products.In 2010, the company formed Pacific Animation Partners LLC, a joint venture between that company and Dentsu Entertainment USA, Fremantle and Topps, to launch the Monsuno property in 2012.In 2012, Jakks Pacific announced the successful negotiation of licences for The Dark Knight Rises and The Amazing Spider-Man, promoting new toy ranges at the New York and other International Toy Fairs.

In 2014, the company launched Jakks Meisheng Trading, a joint venture with Meisheng Culture and Creative Corp., to bring its toys to China. In 2016, the two created Studio JP, a joint venture to produce animation.

Mission

JAKKS engages children in creative play with products that encourage learning and interaction, and most importantly - fun! JAKKS seeks to be a billion dollar company through organic growth of its core product lines, dynamic partnerships and strategic alliances, as well as through strategic and accretive acquisitions.

Vision

At JAKKS Pacific, we strive to be the leading company in the children’s product industry, offering the highest quality products that provide fun and fulfillment for kids and families.

Key Team

Ms. Tara Hefter (Pres & GM of Disguise)

Mr. Xiaoqiang Zhao (Exec. Director)

Mr. Jon Trent (Exec. VP of Sales)

Ms. Elsa Morgan (Sr. VP of HR)

Mr. Wills Hon (Managing Director of Asia)

Mr. Daniel Cooney (Exec. VP of International Sales)

Mr. David Carscadden (Managing Director of EMEA)

Recognition and Awards

JAKKS Pacific has earned numerous awards and accolades over the years, including multiple Toy of the Year awards, several Parent’s Choice Awards, and recognition from the Toy Industry Association and Creative Child Magazine.