What this is
Channel margin = retail − publisher revenue: Japan 24,000–97,000; RoW 157,000–440,000 → total ≈181,000–537,000; central (point cards 375,000: Japan 84,000/0.62 → 51,500 margin; RoW 288,000/0.5 → 288,000) ≈ 340,000; rounded band ¥310–460bn.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- Cards total 300,000–450,000 split Japan 56,000–118,000 at publisher share 0.55–0.70 and rest-of-world 192,000–360,000 at 0.45–0.55
- Retail value: Japan 80,000–215,000
- RoW 349,000–800,000
- C