FORBES NAMES JAKKS PACIFIC TO ''BEST LIST''
MALIBU - 11/01/04 - Global consumer product designer and marketer JAKKS Pacific Inc. has been recognized for the third consecutive year by Forbes Magazine as one of the "200 Best Small Companies in the US."
This year, the company is ranked No.178, up from its 2003 ranking of 181, while the current ranking is the fifth time that Forbes has recognized JAKKS Pacific on their list.
To qualify for the list, candidate companies had to show a consistent pattern of positive growth during a five-year period, as well as over the last 12 months. Firms on the list have sales of $5 million to $750 million range (actually considered "small" by Forbes' standards), net profit margins greater than 5% and share prices above $5 as of October 1, 2004.
JAKKS Pacific's product categories include action figures; art and activity kits; stationery; writing instruments; performance kits; aquatic toys; plush toys; construction kits; and dolls sold under a variety of brand names including Flying Colors, Play Along, Road Champs, Remco, Child Guidance, Pentech, Trendmasters, Toymax, Funnoodle, Go Fly a Kite, and ColorWorkshop.
The company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment video games.
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