What this is
The size of an unexplained gap in the year to March 2017: Nintendo’s share of The Pokémon Company implies about ¥19–25bn more net profit than its own affiliate table shows.
How it’s built
- Grossing up Nintendo’s ¥20.3bn share at 32% implies company profit of about ¥63–66bn; the table’s Pokémon portion shows about ¥42.6bn.
- Net assets show a similar gap of about ¥21–33bn.
- Tested explanations: a parent-only table fails; a timing-window difference explains at most about ¥10.9bn.
What we assumed
- Nintendo’s stake is 32% throughout the year.The research uses this stake throughout; a different stake would rescale the gap.
- Other affiliates’ contributions fall in the stated ranges.They are small, and their ranges are estimates.
Sanity check
No mechanism has been identified, and a Nintendo-side accounting adjustment cannot be excluded.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Status: survivor; mechanism unidentified; Nintendo-side adjustment not excluded
- X net profit range: 18,789 to 24,952
- X NA range: 21,411 to 33,223
- TPC net profit pickup basis: ≈62.9–66.4bn
- TPC net profit table block: 42,645
- Table block times parent: 2.68
- S2 needs the table's TPC block to be ≈¥19–25bn of NI and ≈¥21–33bn of NA short of what Nintendo equity-accounts
Where it’s used
Related figures
Built from this one