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
- Card royalty: Korea’s 8.25% on the list value of the US arm’s cards: ¥13.6–17.7bn.
- Licensing: Korea’s 60–64% of estimated Western licensing income: ¥59.1–83.6bn.
- 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
- 164.8×0.0825=13.6
- 214.2×0.0825=17.7
- 98.5×0.60=59.1
- 130.6×0.64=83.6
- room 2 / 47
- +7.5…37.5 → 9.5–39.5 / 54.5–84.5