What this is
What The Pokémon Company would pay out on its profit for the year to February 2026 if it repeated the rate of its two past dividends: about ¥19–23bn, of which Nintendo's 32% would be about ¥6–7bn. That is 4.6–5.5% of the parent's retained earnings.
How it’s built
- The two past payouts were 18.4% and 18.8% of the previous year's parent net profit, from the company's notices in Japan's official gazette.
- Low end: 18.4% of profit with the year's one-off gain removed after tax (¥103.6bn). High end: 18.8% of reported profit (¥120.1bn).
- Nintendo's part is 32% of each, its voting share; the share of retained earnings divides by ¥413.9bn.
What we assumed
- The past rate repeats.Two payouts in ten years are not a policy, and the company has announced none. This is an illustration of scale.
- The payout is sized on either reported profit or profit without the one-off gain.Which the company would use is not known, so both ends are shown.
- Nintendo receives in line with its 32% voting share.Its economic share is taken to equal its voting share; if they differ, Nintendo's part scales accordingly.
Sanity check
18.8% of ¥120.1bn is ¥22.6bn, about one-twentieth of the ¥413.9bn already retained, so cash would keep building even with a payout.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- ReportedThe Pokémon Company Tokyo company’s two dividends since 2017 and Nintendo’s share¥3.3–3.8bn
- EstimateThe Pokémon Company Tokyo company’s net profit for the year to February 2026 without its one-off gain≈¥103.6bn
- FiledNet profit of The Pokémon Company's Tokyo company for the year to February 2026¥120.1bn
- FiledRetained earnings of The Pokémon Company's Tokyo company at the end of February 2026¥414bn
Show the working
- Ratio band %: 18.4 to 18.8
- Distribution: ¥19.1–22.6bn
- Nintendo pro rata 32pct: ¥6.1–7.2bn
- Share of year to February 2026 retained earnings %: 4.6 to 5.5
- 0.184 × 103.556 = 19.05
- 0.188 × 120.056 = 22.57
- × 0.32 = 6.10–7.22
- ÷ 413.917 = 4.6–5.5%