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Record

Implied group profit h1 fy3 2017 upper bound, H1 FY2016 (Apr–Sep 2016)

¥37.5bn H1 FY2016 (Apr–Sep 2016)

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Nintendo H1 equity-method profit ÷ 0.32: 12,000 ÷ 0.32 = 37,500

Where it comes from

Our calculation from other figures in the trainer’s notes.

Show the working
  1. 12,000/0.32