What this is
Whether Nintendo’s stake rising from 31% (2005) to 32% (2009) matches a three-way split of 4Kids’ 2005 stake: it does, at exactly 600 shares.
How it’s built
- Of 60,000 shares, 31% is 18,600 and 32% is 19,200: 600 more.
- 4Kids’ 3% was 1,800 shares; split equally among Nintendo, Creatures and Game Freak, that is 600 each.
What we assumed
- The company has 60,000 shares.The share count used throughout the research; this calculation does not re-check it.
- Nintendo’s whole percentages are exact.A split among 11 holders would add only 0.27 points and is not strictly ruled out.
Sanity check
The date of the step is not pinned down: Nintendo’s March 2006 percentage was not observed.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- Mar2005: 31%
- Mar2009: 32%
- Shares at 31: 18,600%
- Shares at 32: 19,200%
- Delta shares: 600
- 4kids shares div3: 600
- 0.31×60,000 = 18,600
- 0.32×60,000 = 19,200
- Δ = 600 = 1,800 (4Kids 3%) ÷ 3
- The confirmed step from 31% (FY3/05 有報) to 32% (FY3/09 有報) is exactly what an equal three-way split of 4Kids' Oct-2005 stake