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The Tokyo parent's revenue outside TCG Pocket grew about 31–32% to ¥381–426bn in the year to February 2026; it must grow about 12–25% next year to keep total revenue flat

TPC year to February 2025–year to February 2027

EstimateOur estimate: filed parent revenue less modelled Pocket revenue.

How it’s built

  1. Parent revenue of ¥531.4bn less Pocket's estimated ¥150bn gross (¥105bn net of app stores), against ¥288.0bn (¥324.9bn) a year earlier.
  2. 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:

Show the working
  1. 531.428−150=381.4
  2. 410.932−122.9=288.0
  3. 381.4/288.0−1=32.4%
  4. (531.428−79.4)/381.4−1=18.5%
  5. (531.428−53.7)/381.4−1=25.2%
  6. net: 531.428−105=426.4
  7. 410.932−86.0=324.9
  8. +31.2%
  9. (531.428−55.6)/426.4−1=11.6%
  10. (531.428−37.6)/426.4−1=15.8%

Where it’s used