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Jakks Pacific Financial Analysis

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JAKKS Pacific, Inc, was founded in 1995 Delaware by Jack Friedman who was the Chairman and Chief Executive Officer, and Stephen G. Berman, the President and Chief Operating Officer. The company gained its popularity in the toy industry by making “The Original Big Wheel” (Jakks Pacific, 2018). JAKKS Pacific, Inc is now in the top five manufacturers in the United States and worldwide. (“Jakks”, 2018). Furthermore, JAKKS Pacific manufacturing headquarters is located in Santa Monica, California. In addition to the California location are other areas of United States, Asia, and Mexico (“Jakks”, 2018). JAKKS Pacific is a prominent multi-line, multi-brand toy manufacture that breaks barriers for their stylist models, merchandise, animal toys, durable …show more content…

Strategic Review
Mission, Vision & Values. JAKKS was founded to enhance children creativity with fun, learning, interactive toys. JAKKS Pacific promotes license and trademark for their numerous of toy brands. They call this the “Evergreen” brands, because of the desirability and confidence for the inability to conform to the fads and market trends. (“Jakks Pacific”, 2018). The company uses the “Counter Seasonalizing” approach to spread it sales out four quarters (Jakks, 2018). As a result, the company expect growth and expansion of a billion-dollars in their product lines, strategic partnership, alliances, and tactical procurements.
Operation. According to the “JAKKS Pacific Valuation Projection”, majority of the production happens overseas. The company uses in-house sales staff, as well as, independent sales agents to contract with major retail stores, local and long distant department stores, office supply chains, drug stores, grocery stores, novelty shops and merchants. JAKKS larger corporate partners are Wal-Mart, Target, Toys ‘R’ Us. PetSmart, and Petco. (Chandrasena, Haralson, Tollerene, & Yueng, …show more content…

JAKKS Pacific, Inc. ability to expand its influence among partners and consumers in the toy industry viewed as solidification within the organization. Acquiring several smaller toy company has boost JAKKS innovative edge with technology (Chandrasena, Haralson, Tollerene, & Yueng, 2018). Moreover, the expansion has narrowed new competitors in the toy industry from impacting the profit margin. Furthermore, the executive at JAKKS should consider a strategic partnership with a competitor such as Mattel to advance in the toy manufacturing industry (Chandrasena, Haralson, Tollerene, & Yueng, 2018). JAKKA can multiply their “Evergreen” branding with a major competitor becoming a partner that will be spark innovative designs, technology, and worldwide production of toys while making history at the same time in the toy

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