What this is
How much of The Pokémon Company's profit reaches its owners as cash: Nintendo booked ¥82.8bn as its share for the year to March 2026, but the company paid nothing out that year, and over nine years Nintendo received only 1.4–1.6% of what it booked.
How it’s built
- The company's retained earnings for the year to February 2026 roll forward from profit with no gap: no dividend.
- Nintendo's booked shares for its years to March 2018–2026 total ¥233.1bn against an estimated ¥3.3–3.8bn received in cash.
- The company paid out ¥12.0bn over its ten years to February 2026, 2.88% of ¥415.5bn of profit.
What we assumed
- Nintendo's cash received is ¥3.3–3.8bn.An estimate from other research figures; neither company states it.
Sanity check
The research finds no royalty or other payment from the company to its owners, so the owners' return is almost all on paper.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- FiledWhether The Pokémon Company paid a dividend out of its profit for the year to February 2026−¥1m
- ReportedNintendo’s holdings in unconsolidated subsidiaries and affiliates, March 2017¥25.3bn
- ReportedThe Pokémon Company Tokyo company’s two dividends since 2017 and Nintendo’s share¥3.3–3.8bn
- ReportedThe Pokémon Company paid out about ¥12bn to its owners over the ten years to February 2026, under 3% of the ¥415bn it earned2.88%
- EstimateEstimated total consumer spending on Pokémon worldwide in the year to February 2026≈¥2.7–3.7tn
- EstimateNintendo overseas Pokémon software revenue, Nintendo year to March 2026 (≈ TPC year to February 2026)¥69.9bn
Show the working
- Nintendo pickup year to March 2026: ¥82,792m
- TPC distribution year to February 2026: ¥0m
- Pickups year to March 2018 26: ¥233,063m
- Nintendo receipts year to March 2018 26: ¥3,319–3,829m
- Cash conversion decade: 1.4 to 1.6%
- TPC distributions year to February 2017 26: ¥11,966m
- FY2/26 RE roll-forward residual −1 : no distribution
- 3,319/233,063 = 1.4%
- 3,829/233,063 = 1.6%
- 11,966/415,480 = 2.88%
- × 0.68 = 8,137 …
Where it’s used
Related figures
Built from this one