The values
- Pickup div 0 32, year to March 2018: 32,244
- Times TPC parent net profit 8827, year to March 2018: 3.65
- Times parent, year to March 2017: 3.98
- Rollforward residual after TPC dividend, year to March 2018: 408
- Pickup times parent, year to March 2026: 2.16
- Table times parent, year to March 2026: 2.13
Some detail is too fine to show here; it is kept in the trainer’s notes.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- FY3/18 pickup ÷ 0.32 = ¥32.2bn = 3.65× TPC parent
- FY3/18 roll-forward closes to ¥0.4bn
- FY3/26 1.4%