How it’s built
- Parent revenue of ¥531.4bn less Pocket's estimated ¥150bn gross (¥105bn net of app stores), against ¥288.0bn (¥324.9bn) a year earlier.
- With Pocket expected at ¥53.7–79.4bn gross next year, the rest must grow 18.5–25.2%; on a net basis, 11.6–15.8%.
What we assumed
- Pocket revenue booked by the company is estimated from app-data vendor figures.The company does not report it.
- Net revenue is 70% of gross.Whether the company books Pocket gross or net is unknown, so both are shown.
Sanity check
A forecast of falling parent revenue next year is only right if growth outside Pocket slows from about 32% to below these thresholds.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- EstimateHow big Pokémon TCG Pocket is inside The Pokémon Company Tokyo company’s accounts, years to February 2025–2027, shown both gross and net of app-store fees¥105–150bn
- EstimateTCG Pocket spending expected in the year to February 2027
- FiledRevenue of The Pokémon Company’s Tokyo company for the year to February 2025¥410.9bn
- FiledRevenue of The Pokémon Company's Tokyo parent company for the year to February 2026¥531.4bn
Show the working
- 531.428−150=381.4
- 410.932−122.9=288.0
- 381.4/288.0−1=32.4%
- (531.428−79.4)/381.4−1=18.5%
- (531.428−53.7)/381.4−1=25.2%
- net: 531.428−105=426.4
- 410.932−86.0=324.9
- +31.2%
- (531.428−55.6)/426.4−1=11.6%
- (531.428−37.6)/426.4−1=15.8%