This is a vintage Bozo the Clown Dancing Toy by Lakeside Toys, Made in Japan.  The toy is in very good vintage condition with the original thick paper label at the bottom.  Very slight scuffing to the paint.  The box is damaged and the top flap is missing.  I can't test the toy to see if it works because the paper label covers the bottom.  The toy is approximately 4 1/2 inches tall.