What this is
Estimated revenue of The Pokémon Company group for its year to February 2026, after removing Nintendo’s other affiliates from Nintendo’s combined figure: ¥1,020–1,048bn.
How it’s built
- Nintendo’s annual report gives combined revenue of ¥1,102.9bn for its three equity-method affiliates.
- The Seattle Mariners’ operator is put at ¥55–70bn, starting from Forbes’ $390m estimate for 2025 at ¥149.57 per dollar. Its sports TV channel adds ¥0–10bn and the third affiliate, PUX, ¥0–3bn.
- Subtracting ¥55–83bn leaves ¥1,020–1,048bn. The printed total overstates the Pokémon group by 5–8%.
What we assumed
- The club’s accounting revenue is at least Forbes’ figure.Forbes nets out revenue sharing, luxury tax and stadium-debt revenue and excludes playoffs, all of which count as revenue in the accounts.
- The low end allows Forbes to be 5% high; the high end adds about $78m for playoff gate and grossed-up items.The research counts about six home playoff games in October 2025; the gross-up amounts are assumed.
- The club’s TV channel adds ¥0–10bn and PUX ¥0–3bn.Neither is sized by any source; these are judgement ranges.
- Calendar 2025 dollars convert at ¥149.57.The average rate for 2025 from Federal Reserve data.
Sanity check
The Pokémon group is 92–95% of the printed total either way, so errors in the club estimate move the result by only a few percent.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- EstimateRevenue (Forbes, net of stadium revenues used for debt payments), 2025 (year to March 2026)$390m
- ReportedForbes revenue definition, Forbes 2026 list (2025 season)
- EstimatePostseason 2025, October 2025 (Nintendo year to March 2026)
- ReportedROOT Sports Northwest FAE stake, 2013-202371%
- ReportedROOT Sports Northwest FAE stake, from 1 January 2024100%
- EstimateOther affiliates revenue and TPC group revenue, year to March 2026, Nintendo year to March 2026 (TPC year to February 2026; club 2025)
Show the working
- O club GAAP band: 55,000 to 70,000
- Forbes floor 390 times 149.57: 58,332
- ROOT external net assumed: 0 to 10,000
- PUX assumed: 0 to 3,000
- O total: 55,000 to 83,000
- TPC group revenue: 1,019,861 to 1,047,861
- Forbes $390m is net of revenue sharing, CBT and stadium-debt revenue and excludes playoffs, so FAE's GAAP revenue ≥ 390×149.57 = 58,332
- Club band ¥55–70bn: low = Forbes −5% estimation error …
Where it’s used
Related figures
Built from this one
- EstimateThe Pokémon Company group's revenue for the year to February 2026, regrouped by its role
- EstimateHeadline ratios for The Pokémon Company group, year to February 202630%
- EstimatePer year perimeter availability, 2014–year to February 2027
- EstimateGroup operating profit and comp margin gaps one perimeter, TPC year to February 2026 (group, ex club) vs Konami year to March 2026, Wizards structural
- EstimateCapture of franchise spend revenue and net, TPC year to February 2026; spend year to February 2026 at list (P4 perimeter)
- ReportedAffiliate aggregate scope check, year to March 2017, year to March 2026