Headline ratios for The Pokémon Company group, year to February 2026

What this is

Headline ratios for The Pokémon Company group, year to February 2026: revenue ¥1,020–1,048bn ($6.8–7.0bn), about twice the Tokyo parent’s, with net margin 23.8–25.5%.

How it’s built

Group revenue is Nintendo’s combined affiliate revenue (¥1,102.9bn) minus ¥55–83bn for the other affiliates, mainly the Seattle Mariners’ operator.
Profit is the combined filed profit minus the club’s estimated result: net margin 23.8–25.5%, pretax 32.3–34.2%, an operating proxy 29.5–31.3%.
The same base gives many comparisons: 1.9–2.0 times the parent’s ¥531bn revenue, 44–45% of Nintendo’s sales, 1.45–1.49 times Hasbro’s.

What we assumed

Other affiliates’ revenue is ¥55–83bn and the club’s result −¥4.5bn to +¥6.0bn.Built from Forbes’ estimates for the Mariners, adjusted; no accounts are published.
The club’s pretax result equals its net result.It is a partnership, which generally does not pay income tax itself.
Dollars convert at ¥149.57.The 2025 average from Federal Reserve data, used for a March–February year.
Some ratios use modelled lines such as card sales, Pocket and Western licensing.Those inputs carry their own estimates; the revenue and margin figures do not depend on them.

Sanity check

Revenue and margins rest on filed totals minus a deduction worth 5–8%, so they are fairly robust. The comparisons further down the list depend on estimates and deserve less weight.

Where it comes from

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

Show the working

TPC revenue ¥ m: 1,019,861 to 1,047,861
TPC central: 1,043,029
S floor ¥ m: 488,433 to 516,433
S central: 511,601
TPC over parent revenue: 1.92 to 1.97
TPC over parent central: 1.96

Python on /D2-21/D2-22 …
club NI −4,487…+5,983)
TPC = 1,102,861 − O = 1,019,861–1,047,861 (central 1,043,029)
S = 571,433 − O = 488,433–516,433 (central 511,601)
¥149.57/$
Revenue vs par

Where it’s used

Related figures

Built from this one

The IP

The companies

The business lines

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