JAKKS Pacific is a multi-product toy company that designs, manufactures, and distributes toys, action figures, dolls, costumes, furniture, and other child-targeted consumer products across the United States and internationally. The company generates revenue by acquiring or licensing established intellectual property and "evergreen brands"—including properties from Disney, Nintendo, Hasbro, and others—which it develops into product lines sold to mass-market retailers, toy stores, department stores, and club stores, with royalties paid to intellectual property holders ranging from 1 to 22 percent of net sales. JAKKS competes in the global toy market against larger incumbents like Hasbro and Mattel while leveraging outsourced manufacturing and a geographically distributed workforce to maintain production flexibility and manage costs.