What this is
A test of what it would take for TPC's card revenue to reach ¥351bn: TPC would need to keep about 53–58% of each Western list-price dollar, against roughly 56% as the most a hobby store's buying price allows.
How it’s built
- Take ¥351bn, subtract Japan's ¥100.7bn and divide by the Western list-price value of ¥350.6bn: TPC would need about 0.715 of list, after the product-mix factor.
- Divide by the highest sourced mix factors (1.24–1.34): about 53–58 cents per list-price dollar.
What we assumed
- A hobby store pays about 56% of list at most.Distributor terms and store reports put store cost near half of list; TPC's share must sit below what the store pays.
Sanity check
The lower figure fits under the ceiling and the higher one does not, so ¥351bn is possible only at the edge of the evidence. The central estimate is lower.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- S at m 1.34: 0.534
- S at m 1.24: 0.577
- Hobby ceiling: 0.56
- Verdict: 0.534 sits below the 0.56 ceiling; only the all-ETB 0.577 sits above it
- 0.715/1.34 = 0.534 < 0.56
- 0.715/1.24 = 0.577 > 0.56. 's note 'both sit at or above the store-cost ceiling' is wrong for the first