When the Pokémon Communications merger took effect and how material it was

What this is

When the Pokémon Communications merger took effect and how material it was: 1 March 2017, adding at most about 2% of the prior year’s asset jump.

How it’s built

1. Dates: notice 25 January 2017; effective 1 March 2017, the first day of the company’s next financial year; registration likely 6 March.
2. Size: the absorbed company had ¥410–580m of assets and ¥57–88m of profit.

What we assumed

• Japan’s company law requires about a month between notice and effective date.Matches the creditor objection period; the research flags it as assumed.
• 6 March 2017 is the registration date.It falls within the two weeks allowed after a merger takes effect.

Sanity check

At most 1% of the next year’s parent profit; the merger cannot explain the 2017 jump.

Where it comes from

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

• ReportedThe merger notice by which The Pokémon Company absorbed its subsidiary Pokémon Communications, published 25 January 2017
• ReportedThe date The Pokémon Company’s absorption of Pokémon Communications took effect1 March 2017
• EstimateMerger absorption date registry, 2017
• EstimateCommunications net profit/TA, year to February 2015 and year to February 2016 (labels ambiguous: page prints 2015年2月 twice)
• EstimateWhy the Tokyo parent’s total assets jumped by ¥27.7bn in the year to February 2017
• ReportedMerger description, 2017

Where it’s used

• ProfileThe Pokémon Company