What this is
Breakeven: ex-gain margin stays below year to February 2022's 20.3% unless tax on the gain exceeds (120,056 − 0.203 × 531,428) ÷ 23,800 = 51%.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- EstimateNet profit excluding extraordinary gains upper bound removal, year to February 2026 (Mar 2025–Feb 2026)¥96.3bn
- ReportedRevenue, year to February 2026 (28th)¥531.4bn
- ReportedNet margin, year to February 2022 (Mar 2021–Feb 2022)20.3%
Show the working
- 96,256/531,428
Where it’s used
Related figures
Built from this one