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Record

Q11 Western licensing band (card game-IN/OUT) re-run at 7.5% and at 3.75%, 2016-17 Australian evidence vs 2025 ledger bands

2016-17 Australian evidence vs 2025 ledger bands

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

TCG-IN = merch USD 11.96-13.36bn x yield x 149.57; TCG-OUT = 15.7 x yield x 149.57

The values

  • Q11 card game IN industry: ¥98.5–111bn
  • Q11 card game IN Funko: ¥144–174bn
  • Card game IN at 7.5 retail: 134 to 150
  • Card game OUT at 7.5 retail: 176
  • Card game IN at 3.75: 67.1 to 74.9
  • Card game OUT at 3.75: 88.1

Some detail is too fine to show here; it is kept in the trainer’s notes.

Where it comes from

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

Show the working
  1. 7.5% -> TCG-IN 134.2-149.9, TCG-OUT 176.1 (inside 98.5-204.3)
  2. 3.75% -> 67.1-74.9 / 88.1 (floor -31.4bn, -31.9%)