Vintage Napco(?)Santa Figurine

Great Vintage condition spaghetti Santa Claus figurine, uncertain as to whether or not it's Napco, but certain it's made in Japan. Santa's holding a present and a filled stocking. I believe this specific Santa is quite rare. Researching, I've come across numerous other Napco spaghetti Santas and not the Santa holding a Christmas stocking and present. Japan tag still affixed. Paint condition is quite good, please refer to photos. No cracks, chips or repaired breaks. Measures 4 1/2" tall.