Nintendo’s annual report for the year to March 2005 lists 7 equity-method affiliates, and Pokémon USA is not among them

How it’s built

1. From Nintendo’s annual securities report for that year, which lists the affiliates and shows a reduction in retained earnings from fewer equity-method companies.

What we assumed

• Pokémon USA’s absence means it left the equity-method group.The filing does not name it as leaving; two smaller affiliates were carried at cost and are unnamed.

Sanity check

Read from absence plus one accounting line, so it shows Pokémon USA left Nintendo’s list, not why or how.

Where it comes from

The line in the source

持分法適用会社減少に伴う利益剰余金減少高

Where it’s used

• ProfileNintendo
• ProfileThe Pokémon Company International (TPCi)
• ProfileNintendo annual securities reports and results