How it’s built
- Imagica's annual securities report lists OLM as a 100% subsidiary.
- The report names only two subsidiaries with sales above 10% of the group's ¥96.9bn. OLM is not one, so its outside sales were below ¥9.7bn.
What we assumed
- Not being named means OLM's outside sales were below the 10% line.Japanese filings must name subsidiaries above that threshold; Imagica names Photron and Pixelogic only.
Sanity check
It is a ceiling on OLM's sales from all its work, under 1% of The Pokémon Company's group revenue. Pokémon is only part of it.
Where it comes from
The line in the source
㈱オー・エル・エム ... 100.00%