What this is
year to February 2020-22 ≈ -68 to -69, matching the ¥68m treasury stock first seen in year to February 2017. NA - 株主資本 (valuation & translation adjustments) is 6-8 through year to February 2022, 101-179 year to February 2023-25, and ≈1,295 at year to February 2026 (415,777 - 413,917 - 365.4 - 199.6).
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- 株主資本 - RE - 365.4: FY2/16 10,760 - 10,392 - 365.4 = 2.6
- FY2/20-22 ≈ -68 to -69, matching the ¥68m treasury stock first seen in FY2/17
- FY2/23-25 = +199.6 (170,357 - 169,792 - 365.4), a +268 step in..