What this is
Q1 36/0.32=112 bounds any pre-GO month; Q4 3490/0.32=10906 bounds Jan–Mar 2017 at 100%, so even if all of Q4 fell in March 2017 the shift is ≤10.9bn < 21.3bn. A switch from a longer lag to a 1-month lag or 仮決算 adds pre-GO months worth ≈0 (Q1 ¥36m).
The values
- Verdict: FAILS as a period shift
- Needed 100pct shift: 21,302
- Max from Mar 2016: 112
- Max from Mar 2017 le Q4 total: 10,906
- Lag bound months: 1
- H1 implied TPC profit: 37,462
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- a Feb↔Mar remap moves only Mar-2016 (≈¥0.1bn) and Mar-2017 (≤¥10.9bn)
- ¥21.3bn needed