This figure has been replaced. See Line merch licensing west period corrected, TPC year to February 2026 = 10/12 2025 + 2/12 2026 (stub at 2025 run-rate).
What this is
License Global TPCi retail weighted to TPC FY: (10 × $15.7bn + 2 × $12.0bn) ÷ 12 = $15.083bn. × merch share of LG figure (0.6/0.8/1.0) × wholesale/retail 0.5 × royalty (12%/15%/17.4%) × ¥150: 81,450/135,750/196,837.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- License Global TPCi retail weighted to TPC FY: (10 × $15.7bn + 2 × $12.0bn) ÷ 12 = $15.083bn. × merch share of LG figure (0.6/0.8/1.0) × wholesale/retail 0.5 × royalty (12%/15%/17.4%) × ¥150: 81,450/1
Related figures
Built from this one