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Subsidiaries revenue unmodelled residual, TPC year to February 2026

¥140bn TPC year to February 2026

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

What this is

Subsidiaries' external revenue 551,433–571,433 − West lines now modelled: cards West 192,000–360,000 ( ex-Japan, Asia share small) + licensing West 89,100–204,900 + West online 20,000–80,000 + events 3,000–15,000 = 304,100–659,900.

Where it comes from

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

Show the working
  1. Subsidiaries' external revenue 551,433–571,433 − West lines now modelled: cards West 192,000–360,000 ( ex-Japan, Asia share small) + licensing West 89,100–204,900 + West onli

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