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Illustrative revenue effects of card price changes at February 2026 volumes

Year to February 2027 onward (illustrative, at year to February 2026 volumes)

EstimateAn estimate: simple sensitivities on modelled volumes.

What this is

Illustrative revenue effects of card price changes at February 2026 volumes: +$0.50 a US pack adds ¥19.5bn; Japan’s ¥200 price step adds up to ¥11.2bn.

How it’s built

  1. US: 5.22bn non-Japan cards × 5 cents a card × ¥149.57 × the company’s 50% share = ¥19.5bn.
  2. Each extra 5 points of list price kept by the company adds ¥17.5–22.8bn.
  3. Japan: an 11.1% price step on ¥100.7bn of Japanese card revenue = ¥11.2bn.

What we assumed

  • Volumes, exchange rate and net-to-list ratios stay the same.No demand response is assumed because the research finds supply, not demand, limits card sales.
  • The company keeps 50% of Western list price.That is in the upper half of the research’s 35–59% band, so the US figure may be high.
  • Every Japanese pack type rises.An upper bound: by November 2026 only the standard pack had risen; premium packs held their prices.

Sanity check

These are what-ifs, not forecasts; the Japan figure in particular is an upper bound.

Where it comes from

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

Show the working
  • US: +$0.50 per 10-card pack, ex-Japan cards 5.22bn, s=0.50: ¥19.5bn
  • US: each +0.05 of publisher share at m 1.0-1.3: ¥17.5–22.8bn
  • Japan 200円 step at year to February 2026 volume: ¥11.2bn
  • Japan step as % of Japan publisher card revenue: 11.1
  1. 5.22 x 0.05 $/card x 149.57 x 0.50 = ¥19.5bn
  2. 5.22 x 67.16 x 0.05 x 1.0..1.3 = ¥17.5-22.8bn
  3. 100.7 x 0.1111 = ¥11.2bn
  4. Assumptions: volume, net/list and FX constant
  5. no demand response (supply-bound per Q07)
  6. Japan 200円 step: if every tier steps (upper bound)
  7. only the standard pack had stepped by 2026-11-01

Where it’s used

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