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Charges The Pokémon Company International would owe its Tokyo parent at Pokémon Korea’s rates, year to February 2026

Year to February 2026

EstimateOur estimate on an analogue rate. Indicative only.

What this is

Charges The Pokémon Company International would owe its Tokyo parent at Pokémon Korea’s rates, year to February 2026: ¥13.6–17.7bn of card royalty and ¥59.1–83.6bn of licensing pass-through.

How it’s built

  1. Card royalty: Korea’s 8.25% on the list value of the US arm’s cards: ¥13.6–17.7bn.
  2. Licensing: Korea’s 60–64% of estimated Western licensing income: ¥59.1–83.6bn.
  3. Room in the parent’s accounts: about ¥2bn if certain revenue is booked gross, ¥47bn if net, up to ¥84.5bn if another Japanese group company takes title to some sales.

What we assumed

  • Pokémon Korea’s rates are a fair analogue.They are the only intercompany rates found; the card figure, on list prices, is an upper figure.
  • Whether the parent books gross or net.Its filings do not say, so the room spans ¥2bn to ¥84.5bn.

Sanity check

Room left in the accounts is not evidence that any charge exists. The card royalty fits comfortably only on the net reading; the licensing pass-through fits only in the most generous case.

Where it comes from

Our calculation from other figures in the trainer’s notes.

Show the working
  • Card royalty 8.25pct on TPCi exJapan cards: ¥13.6–17.7bn
  • Licence passthrough 60 64pct on western licensing: ¥59.1–83.6bn
  • TPCi dividend cap nonop net year to February 2026: ¥5.56bn
  1. 164.8×0.0825=13.6
  2. 214.2×0.0825=17.7
  3. 98.5×0.60=59.1
  4. 130.6×0.64=83.6
  5. room 2 / 47
  6. +7.5…37.5 → 9.5–39.5 / 54.5–84.5