What this is
The Pokémon Company group’s net profit in the year to March 2017 after removing other affiliates from Nintendo’s table: about ¥41.3–43.3bn.
How it’s built
- Nintendo’s table of its four equity-accounted affiliates shows combined net profit of ¥42.0bn.
- Remove the Seattle Mariners holding (−¥1.4bn to +¥0.2bn) and two small affiliates (¥0.1–0.5bn).
- Nintendo’s 32% of the result, ¥13.2–13.9bn, still falls ¥6.4–7.0bn short of the ¥20.3bn it actually booked.
What we assumed
- The Mariners’ result was −¥1.4bn to +¥0.2bn.Estimated from Forbes operating income less depreciation and interest, converted at ¥108; a vendor estimate.
- The two small affiliates earned ¥0.1–0.5bn.Nintendo calls them immaterial; the research gives no direct figure.
Sanity check
Removing the baseball club does not close the gap, so it must come from elsewhere.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- Aggregate net profit: 42,045
- Club net profit 2016 ¥ m: -1,404 to 216
- Warpstar PUX net profit assumed: 100 to 500
- TPC block net profit: 41,329 to 43,349
- 0.32×TPC block: 13,225 to 13,872
- Pickup: 20,271
- 42,045 − 216 − 500 = 41,329
- 42,045 + 1,404 − 100 = 43,349
- ×0.32 = 13,225–13,872
- 20,271 − those = 6,399–7,046
- Removing the club does not close the ¥6.8bn FY3/17 pickup gap, as already argued
Where it’s used
Related figures
Built from this one