NEW YORK, October 25, 2004 -- JAKKS Pacific, Inc., a leading multi-brand company that designs and markets a broad range of toys, writing instruments and consumer products, has been recognized for the third consecutive year by Forbes Magazine as one of the 200 Best Small Companies. This year JAKKS Pacific is ranked #178, up from its 2003 ranking of 181. This is the fifth time that Forbes has recognized JAKKS Pacific on their list.
"We have worked tirelessly to build our business and grow it in 2004, and are incredibly honored to receive this recognition from Forbes for the fifth year since our inception almost ten years ago," remarked Stephen Berman, President and COO. "This is wonderful news as we enter into an exciting period of our company's growth."
According to Forbes, "These little giants are among the toughest competitors in today's corporate America."
To qualify, candidates had to show a consistent pattern of positive growth during a five-year period, as well as over the last 12 months. Companies on the list have sales of $5 million to $750 million range ("small" by FORBES standards), net profit margins greater than 5% and share prices above $5 as of October 1, 2004.
JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and leisure products. The product categories include: Action Figures, Arts & Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys and Dolls. The products are sold under various brand names including Flying Colors®, Play Along®, Road Champs®, Remco®, Child Guidance®, Pentech®, Trendmasters®, Toymax®, Funnoodle®, Go Fly a Kite® and ColorWorkshop(TM). The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment(TM) video games. For further information, visit http://www.jakkspacific.com.
