What this is
How much faster Nintendo's share of Pokémon profit grew in the six months to September 2026 once last year's one-off gain is removed: 56–124%, instead of the reported 37.7%.
How it’s built
- Last year's half included a gain linked to the sale of Niantic's games business, which closed on 29 May 2025.
- Depending on how it was booked, ¥5.3–17.0bn comes off last year's ¥44.2bn, leaving ¥27.2–38.9bn; ¥60.8bn over that is 56–124% growth.
What we assumed
- The gain fell in last year's first half.The closing date puts it there; Nintendo's quarterly figures cannot confirm it, and how it was booked is not disclosed.
Sanity check
Every reading gives growth of at least 37.7%, so the rise is real; only its size is uncertain.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Clean bases: 44,173 − 11,679 = 32,494
- − 16,959 = 27,214
- − 5,280 = 38,893
- pro rata share 0.5335: 11,679 × 0.5335 = 6,231, 16,959 × 0.5335 = 9,048
- Growth = 60,822 / base − 1
- Route-a split assumes the parent's after-tax share 0.32 × 16,500 = 5,280 sits in Q1 and the rest (6,399) in Q2 …