What this is
A sweep of the US securities filings of 13 Western licensees and retailers from 2015 to 2026: 4,066 documents searched, 48 naming Pokémon, none pricing a Pokémon licence and none naming TPCi.
How it’s built
- Annual, quarterly and current reports and their contract exhibits were downloaded for Funko, Build-A-Bear, JAKKS, Mattel, Hasbro, Crocs, GameStop, Topps' merger vehicle, Berkshire, Alleghany, Target, Walmart and Best Buy, with Spin Master checked separately.
- Each document was decoded and searched for Pokémon in every spelling, and the hits read for rates, minimum guarantees, terms, territories or TPCi's name.
What we assumed
Nothing. The figure is used as published.
Sanity check
Of 791 material-contract exhibits, none mentions Pokémon, so the absence of a priced licence is not an artefact of the search missing the exhibits.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- 13 CIKs, 4,066 documents, 791 EX-10 exhibits
- 48 documents name Pokémon
- 0 price it
- 0 name TPCi