UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                  F O R M 8 - K


                                 CURRENT REPORT
                         Pursuant To Section 13 or 15(d)
                     of the Securities Exchange Act of 1934



      Date of Report (Date of earliest event reported) September 29, 2003
       ------------------------------------------------------------------

                             Jaco Electronics, Inc.
               (Exact name of registrant as specified in charter)


            New York            000-05896                  11-1978958
--------------------------------------------------------------------------------
  (State or other jurisdiction (Commission File Number)    (IRS Employer
              of incorporation)                         Identification No.)

                   145 Oser Avenue, Hauppauge, New York 11788
         ------------------------------------ -------------------------
              (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code (631) 273-5500
        ----------------------------------------------------------------


                                       N/A
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)

<PAGE>



            Item 12. Results of Operations and Financial Condition.

     On September 29, 2003,  Jaco  Electronics,  Inc. (the  "Company")  issued a
press release  announcing  its financial  results for the fiscal year ended June
30, 2003. A copy of the press  release is furnished  with this report as Exhibit
99.1.

Forward-Looking Statements

     Statements contained in the exhibit to this report that state the Company's
or  its   management's   expectations   or   predictions   of  the   future  are
forward-looking  statements intended to be covered by the safe harbor provisions
of the  Securities  Act of 1933 and the  Securities  Exchange  Act of 1934.  The
Company's  actual results could differ  materially  from those contained in such
forward-looking  statements.  The factors that may affect those results  include
those  mentioned in the documents that the Company has filed with the Securities
and Exchange Commission.


<PAGE>



Exhibit
Number                     Description


99.1                       Press Release dated September 29, 2003.


<PAGE>




                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                JACO ELECTRONICS, INC.



Date: September 29, 2003        By:   /s/ Jeffrey D. Gash
                                      -------------------
                                     Jeffrey D. Gash,
                                     Executive Vice President



<PAGE>


                                  EXHIBIT INDEX


Exhibit
Number                     Description

99.1                       Press Release dated September 29, 2003.




           Conference Call:               Today, September 29, at 10:00 a.m. EDT
--------------------------------------------------------------------------------
           Dial-in numbers:               212/346-6418 and 415/537-1924
           Webcast/Replay URL:            www.vcall.com/ClientPage.asp?ID=84771


News Announcement

CONTACT:
Jeffrey D. Gash                          Joseph N. Jaffoni, Nathan Ellingson
Chief Financial Officer                  Jaffoni & Collins Incorporated
631/273-5500 or jgash@jacoelect.com      212/835-8500 or jaco@jcir.com

                         JACO ELECTRONICS REPORTS FOURTH
                         QUARTER AND FISCAL 2003 RESULTS

            - Positioned for Improved Fiscal 2004 Financial Results -

Hauppauge,  NY, September 29, 2003 -- Jaco Electronics,  Inc. (Nasdaq:  JACO), a
distributor of electronic components to original equipment manufacturers,  today
reported results for the fourth quarter and fiscal year-ended June 30, 2003.

Net sales for the year-ended June 30, 2003 were $217,985,000 compared with
$194,106,000 for the year ended June 30, 2002. Jaco's net loss for the
year-ended June 30, 2003 was $2,985,000, or $0.52 per diluted share, compared to
a net loss of $5,044,000, or a diluted net loss per share of $0.88, in fiscal
2002. The fiscal 2003 and 2002 net losses include after tax charges of $0.21 and
$0.12 per diluted share, respectively, resulting from the fiscal 2003 and fiscal
2002 pre-tax write downs of approximately $1,870,000 and $1,100,000,
respectively, of the Company's inventories to their current expected market
value. Per share results are based on a weighted average number of diluted
shares outstanding of 5,783,000 and 5,713,000 for fiscal 2003 and fiscal 2002,
respectively.

Net sales for the fourth quarter ended June 30, 2003 were $55,355,000 compared
with $52,973,000 for the quarter ended June 30, 2002. Jaco's net loss for the
fiscal 2003 fourth quarter was $1,197,000, or $0.21 per diluted share, compared
to a net loss of $1,546,000, or $0.27 per diluted share, during the same period
last year. The fiscal 2003 and 2002 fourth quarter net losses include after tax
charges of $0.18 and $0.12 per diluted share, respectively,
                                     -more-

<PAGE>


         JACO Electronics Reports Fourth Quarter Results, 9/29/03 page 2

resulting from pre-tax write downs of approximately $1,600,000 and $1,100,000,
respectively, of the Company's inventories to their current expected market
value. Per share results are based on a weighted average number of diluted
shares outstanding of 5,765,000 and 5,738,000 for the fourth quarters of 2003
and 2002, respectively.

Commenting on the results and the fiscal 2004 outlook, Jaco's Chairman and Chief
Executive  Officer,  Joel  Girsky,  said,  "The fiscal  2003 fourth  quarter was
significant  for Jaco for a number of reasons.  First, in May we announced plans
to acquire certain assets of the distribution  business of Reptron  Electronics,
Inc.. Less than one month after announcing the transaction, it was completed and
by the end of August we had integrated  their  computer  system and closed their
Reno warehouse facility.  The acquisition is significant as it broadens both our
revenue and customer base and brings several  significant new supply  agreements
and  management  talent.  Importantly,  in  combining  the  operations,  we  are
realizing the cost  efficiencies  and synergies we projected  when analyzing the
transaction.  These  details  are  important  as they  are  consistent  with the
progress we made in fiscal 2003 to grow sales from year ago levels  while at the
same time  trimming  expenses  with an eye toward  managing  our business to the
current  economic  cycle.  We believe our sales  growth and  expense  discipline
throughout  fiscal 2003 combined with the addition and rapid  integration of the
Reptron assets has positioned Jaco for a return to  profitability  during fiscal
2004."

"Jaco has the broadest line-card in its history, with approximately 30 new
product lines from our Reptron acquisition, and a strong stable of new and
existing customers to whom we can offer a broader base of exciting new products.
Furthermore, Jaco's flat panel display (FPD) division continues to blossom. In
the fiscal 2004 fist quarter, Jaco announced an important distribution
relationship that makes us the only Company in North America distributing FPDs
from the top four worldwide manufacturers. Key relationships like these
underscore the service Jaco provides and are why Jaco is one of the leading
distributors of FPDs in the United States."

Jaco is a leading distributor of electronic components to industrial OEMs and
contract manufacturers throughout North America and provides contract
manufacturing services to its industrial OEM customers. Jaco distributes
products such as semiconductors, capacitors, resistors, electromechanical
devices, flat panel displays and monitors and power supplies, which are used in
the manufacture and assembly of electronic products, including:
telecommunications equipment, computers and office equipment, medical devices
and
                                     -more-

<PAGE>


         JACO Electronics Reports Fourth Quarter Results, 9/29/03 page 3

instrumentation,  industrial equipment and controls,  military/aerospace systems
and automotive and consumer electronics.

Jaco has two distribution centers and 17 strategically located sales offices
throughout the United States. Jaco provides a variety of value-added services
including automated inventory management services, assembling stock items for
customers into pre-packaged kits, integrating and assembling various custom
components with flat panel displays to customer specifications and providing
contract manufacturing services. The Company's core customer base consists
primarily of small and medium-sized manufacturers that produce electronic
equipment used in a wide variety of industries.

Except for the historical information, this press release includes
forward-looking statements that involve risks and uncertainties, including, but
not limited to, general industry and economic conditions, the impact of
competitive products, product demand and market acceptance risks, fluctuations
in operating results, delays in development of highly-complex products, the
ability of the Company to maintain or expand its operations, the level of costs
incurred in connection with the Company's ability to maintain or expand its
operation and the financial strength of the Company's customers and suppliers
and other risks detailed from time to time in the Company's Securities and
Exchange Commission filings. The forward-looking statements in this press
release involve risks and uncertainties which could cause actual results,
performance or trends, including margins, SG&A expenses as a percentage of
revenues and earnings per diluted share, to differ materially from those
expressed in the forward-looking statements. The Company believes that all
forward-looking statements made by it have a reasonable basis, but there can be
no assurance that management's expectations, beliefs or projections as expressed
in the forward-looking statements will actually occur or prove to be correct.
Actual results may differ materially from such information set forth herein.


                                 -tables follow-


<PAGE>

<TABLE>

JACO Electronics Reports Fourth Quarter Results, 9/29/03               page 4


                     JACO ELECTRONICS, INC. AND SUBSIDIARIES
                 Condensed Consolidated Statements of Operations
                   ($ in thousands, except per share amounts)

                                                    Three months ended                 Fiscal year ended
                                                            June 30,                           June 30,
                                                    -------------------------          -----------------------
                                                      2003             2002              2003            2002
                                                    -------          -------           -------         --------
<S>                                                 <C>            <C>                   <C>           <C>
Net sales                                           $   55,355     $   52,973            $217,985      $194,106
                                                    ----------     ----------            --------       -------
Gross profit                                             5,753          6,159              26,170        27,973
Selling, general & administrative
   expense                                               7,178          8,251              29,223         33,562
                                                    ----------     ----------         -----------   ------------
Operating (loss) profit                                 (1,425)        (2,092)             (3,053)        (5,589)
Interest expense                                           320            420               1,442          2,223
                                                    ----------     ----------         -----------   ------------
(Loss) earnings before income taxes                     (1,745)        (2,512)             (4,495)        (7,812)
Income tax (benefit) provision                            (548)          (966)             (1,510)        (2,768)
                                                    -----------    -----------        ------------  -------------
Net (loss) earnings                                 $   (1,197)    $   (1,546)        $    (2,985)  $     (5,044)
                                                    ===========    ===========        ============  =============

Net (loss) earnings per common share:
   Basic                                            $    (0.21)    $    (0.27)        $     (0.52)  $      (0.88)
                                                    ===========    ===========        ============  =============
   Diluted                                          $    (0.21)    $    (0.27)        $     (0.52)  $      (0.88)
                                                    ===========    ===========        ============  =============

Weighted average shares:
   Basic                                            5,765,832       5,737,740           5,783,275         5,713,365
                                                    =========      ==========           =========       ===========
   Diluted                                          5,765,832       5,737,740           5,783,275         5,713,365
                                                    ==========     ==========          ==========       ===========


          Summary Balance Sheet
           As of June 30, 2003                                                  Key Financial Statistics

Receivables (net)                  $32,000,000                  LT Debt to Capitalization                       44%
Inventories                         40,500,000                  Per Share Price (9/26/03)                     $6.00
                                                                Book Value Per Share                          $7.90
Long-Term Debt                     $35,900,000
A/C Payable and
                           Accrued Expenses 31,200,000
                        Shareholder's Equity $45,600,000

                                                                   # # #

</TABLE>
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{"company-data": {"conformed-name": "JACO ELECTRONICS INC", "cik": "0000052971", "assigned-sic": "5065", "irs-number": "111978958", "state-of-incorporation": "NY", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "002-34664", "film-number": "03913627"}, "business-address": {"street1": "145 OSER AVE", "city": "HAUPPAUGE", "state": "NY", "zip": "11788", "phone": "6312735500"}, "mail-address": {"street1": "145 OSER AVE", "city": "HAUPPAUGE", "state": "NY", "zip": "11788"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  F O R M 8 - K

                                 CURRENT REPORT
                         Pursuant To Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported) September 29, 2003
       ------------------------------------------------------------------

                             Jaco Electronics, Inc.
               (Exact name of registrant as specified in charter)

            New York            000-05896                  11-1978958
--------------------------------------------------------------------------------
  (State or other jurisdiction (Commission File Number)    (IRS Employer
              of incorporation)                         Identification No.)

                   145 Oser Avenue, Hauppauge, New York 11788
         ------------------------------------ -------------------------
              (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code (631) 273-5500
        ----------------------------------------------------------------

                                       N/A
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 12. Results of Operations and Financial Condition.

     On September 29, 2003,  Jaco  Electronics,  Inc. (the  "Company")  issued a
press release  announcing  its financial  results for the fiscal year ended June
30, 2003. A copy of the press  release is furnished  with this report as Exhibit
99.1.

Forward-Looking Statements

     Statements contained in the exhibit to this report that state the Company's
or  its   management's   expectations   or   predictions   of  the   future  are
forward-looking  statements intended to be covered by the safe harbor provisions
of the  Securities  Act of 1933 and the  Securities  Exchange  Act of 1934.  The
Company's  actual results could differ  materially  from those contained in such
forward-looking  statements.  The factors that may affect those results  include
those  mentioned in the documents that the Company has filed with the Securities
and Exchange Commission.
Exhibit
Number                     Description

99.1                       Press Release dated September 29, 2003.
SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                JACO ELECTRONICS, INC.

Date: September 29, 2003        By:   /s/ Jeffrey D. Gash
                                      -------------------
                                     Jeffrey D. Gash,
                                     Executive Vice President
EXHIBIT INDEX

Exhibit
Number                     Description

99.1                       Press Release dated September 29, 2003.

           Conference Call:               Today, September 29, at 10:00 a.m. EDT
--------------------------------------------------------------------------------
           Dial-in numbers:               212/346-6418 and 415/537-1924
           Webcast/Replay URL:            www.vcall.com/ClientPage.asp?ID=84771

News Announcement

CONTACT:
Jeffrey D. Gash                          Joseph N. Jaffoni, Nathan Ellingson
Chief Financial Officer                  Jaffoni & Collins Incorporated
631/273-5500 or jgash@jacoelect.com      212/835-8500 or jaco@jcir.com

                         JACO ELECTRONICS REPORTS FOURTH
                         QUARTER AND FISCAL 2003 RESULTS

            - Positioned for Improved Fiscal 2004 Financial Results -

Hauppauge,  NY, September 29, 2003 -- Jaco Electronics,  Inc. (Nasdaq:  JACO), a
distributor of electronic components to original equipment manufacturers,  today
reported results for the fourth quarter and fiscal year-ended June 30, 2003.

Net sales for the year-ended June 30, 2003 were $217,985,000 compared with
$194,106,000 for the year ended June 30, 2002. Jaco's net loss for the
year-ended June 30, 2003 was $2,985,000, or $0.52 per diluted share, compared to
a net loss of $5,044,000, or a diluted net loss per share of $0.88, in fiscal
2002. The fiscal 2003 and 2002 net losses include after tax charges of $0.21 and
$0.12 per diluted share, respectively, resulting from the fiscal 2003 and fiscal
2002 pre-tax write downs of approximately $1,870,000 and $1,100,000,
respectively, of the Company's inventories to their current expected market
value. Per share results are based on a weighted average number of diluted
shares outstanding of 5,783,000 and 5,713,000 for fiscal 2003 and fiscal 2002,
respectively.

Net sales for the fourth quarter ended June 30, 2003 were $55,355,000 compared
with $52,973,000 for the quarter ended June 30, 2002. Jaco's net loss for the
fiscal 2003 fourth quarter was $1,197,000, or $0.21 per diluted share, compared
to a net loss of $1,546,000, or $0.27 per diluted share, during the same period
last year. The fiscal 2003 and 2002 fourth quarter net losses include after tax
charges of $0.18 and $0.12 per diluted share, respectively,
                                     -more-
JACO Electronics Reports Fourth Quarter Results, 9/29/03 page 2

resulting from pre-tax write downs of approximately $1,600,000 and $1,100,000,
respectively, of the Company's inventories to their current expected market
value. Per share results are based on a weighted average number of diluted
shares outstanding of 5,765,000 and 5,738,000 for the fourth quarters of 2003
and 2002, respectively.

Commenting on the results and the fiscal 2004 outlook, Jaco's Chairman and Chief
Executive  Officer,  Joel  Girsky,  said,  "The fiscal  2003 fourth  quarter was
significant  for Jaco for a number of reasons.  First, in May we announced plans
to acquire certain assets of the distribution  business of Reptron  Electronics,
Inc.. Less than one month after announcing the transaction, it was completed and
by the end of August we had integrated  their  computer  system and closed their
Reno warehouse facility.  The acquisition is significant as it broadens both our
revenue and customer base and brings several  significant new supply  agreements
and  management  talent.  Importantly,  in  combining  the  operations,  we  are
realizing the cost  efficiencies  and synergies we projected  when analyzing the
transaction.  These  details  are  important  as they  are  consistent  with the
progress we made in fiscal 2003 to grow sales from year ago levels  while at the
same time  trimming  expenses  with an eye toward  managing  our business to the
current  economic  cycle.  We believe our sales  growth and  expense  discipline
throughout  fiscal 2003 combined with the addition and rapid  integration of the
Reptron assets has positioned Jaco for a return to  profitability  during fiscal
2004."

"Jaco has the broadest line-card in its history, with approximately 30 new
product lines from our Reptron acquisition, and a strong stable of new and
existing customers to whom we can offer a broader base of exciting new products.
Furthermore, Jaco's flat panel display (FPD) division continues to blossom. In
the fiscal 2004 fist quarter, Jaco announced an important distribution
relationship that makes us the only Company in North America distributing FPDs
from the top four worldwide manufacturers. Key relationships like these
underscore the service Jaco provides and are why Jaco is one of the leading
distributors of FPDs in the United States."

Jaco is a leading distributor of electronic components to industrial OEMs and
contract manufacturers throughout North America and provides contract
manufacturing services to its industrial OEM customers. Jaco distributes
products such as semiconductors, capacitors, resistors, electromechanical
devices, flat panel displays and monitors and power supplies, which are used in
the manufacture and assembly of electronic products, including:
telecommunications equipment, computers and office equipment, medical devices
and
                                     -more-
JACO Electronics Reports Fourth Quarter Results, 9/29/03 page 3

instrumentation,  industrial equipment and controls,  military/aerospace systems
and automotive and consumer electronics.

Jaco has two distribution centers and 17 strategically located sales offices
throughout the United States. Jaco provides a variety of value-added services
including automated inventory management services, assembling stock items for
customers into pre-packaged kits, integrating and assembling various custom
components with flat panel displays to customer specifications and providing
contract manufacturing services. The Company's core customer base consists
primarily of small and medium-sized manufacturers that produce electronic
equipment used in a wide variety of industries.

Except for the historical information, this press release includes
forward-looking statements that involve risks and uncertainties, including, but
not limited to, general industry and economic conditions, the impact of
competitive products, product demand and market acceptance risks, fluctuations
in operating results, delays in development of highly-complex products, the
ability of the Company to maintain or expand its operations, the level of costs
incurred in connection with the Company's ability to maintain or expand its
operation and the financial strength of the Company's customers and suppliers
and other risks detailed from time to time in the Company's Securities and
Exchange Commission filings. The forward-looking statements in this press
release involve risks and uncertainties which could cause actual results,
performance or trends, including margins, SG&A expenses as a percentage of
revenues and earnings per diluted share, to differ materially from those
expressed in the forward-looking statements. The Company believes that all
forward-looking statements made by it have a reasonable basis, but there can be
no assurance that management's expectations, beliefs or projections as expressed
in the forward-looking statements will actually occur or prove to be correct.
Actual results may differ materially from such information set forth herein.

                                 -tables follow-
JACO Electronics Reports Fourth Quarter Results, 9/29/03               page 4

                     JACO ELECTRONICS, INC. AND SUBSIDIARIES
                 Condensed Consolidated Statements of Operations
                   ($ in thousands, except per share amounts)

                                                    Three months ended                 Fiscal year ended
                                                            June 30,                           June 30,
                                                    -------------------------          -----------------------
                                                      2003             2002              2003            2002
                                                    -------          -------           -------         --------
Net sales                                           $   55,355     $   52,973            $217,985      $194,106
                                                    ----------     ----------            --------       -------
Gross profit                                             5,753          6,159              26,170        27,973
Selling, general & administrative
   expense                                               7,178          8,251              29,223         33,562
                                                    ----------     ----------         -----------   ------------
Operating (loss) profit                                 (1,425)        (2,092)             (3,053)        (5,589)
Interest expense                                           320            420               1,442          2,223
                                                    ----------     ----------         -----------   ------------
(Loss) earnings before income taxes                     (1,745)        (2,512)             (4,495)        (7,812)
Income tax (benefit) provision                            (548)          (966)             (1,510)        (2,768)
                                                    -----------    -----------        ------------  -------------
Net (loss) earnings                                 $   (1,197)    $   (1,546)        $    (2,985)  $     (5,044)
                                                    ===========    ===========        ============  =============

Net (loss) earnings per common share:
   Basic                                            $    (0.21)    $    (0.27)        $     (0.52)  $      (0.88)
                                                    ===========    ===========        ============  =============
   Diluted                                          $    (0.21)    $    (0.27)        $     (0.52)  $      (0.88)
                                                    ===========    ===========        ============  =============

Weighted average shares:
   Basic                                            5,765,832       5,737,740           5,783,275         5,713,365
                                                    =========      ==========           =========       ===========
   Diluted                                          5,765,832       5,737,740           5,783,275         5,713,365
                                                    ==========     ==========          ==========       ===========

          Summary Balance Sheet
           As of June 30, 2003                                                  Key Financial Statistics

Receivables (net)                  $32,000,000                  LT Debt to Capitalization                       44%
Inventories                         40,500,000                  Per Share Price (9/26/03)                     $6.00
                                                                Book Value Per Share                          $7.90
Long-Term Debt                     $35,900,000
A/C Payable and
                           Accrued Expenses 31,200,000
                        Shareholder's Equity $45,600,000

                                                                   # # #