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Record

Hasbro's statement that its expected margin gains in 2000 did not happen, largely because of write-offs on overproduced trading card games, mainly Pokémon

FY2000

FiledA filed statement, read directly.

How it’s built

  1. Quoted from Hasbro's annual report (form 10-K405) filed with the US Securities and Exchange Commission.

What we assumed

Nothing. The figure is used as published.

Sanity check

The passage gives no dollar amount for the write-off, so it shows the direction of the problem, not its size.

Where it comes from

Hasbro 10-K405 FY2001 Hasbro, Inc. / SEC EDGAR · 29 March 2002 Open the original ↗

The line in the source

margin increases expected over 1999 were not realized largely due to obsolescence cost incurred associated with overproduction of certain trading card games, primarily POKEMON related.