Pokémon Center Co.’s net profit per employee rose 14% from 2023 to 2026, while its parent’s revenue grew 2.3 times, suggesting the store company’s profit follows its costs, not sales

How it’s built

1. Divided net profit by staff count in each year: about ¥1.35m per person (year to February 2023), ¥1.41m (2025), ¥1.54m (2026).
2. Compared growth: profit 1.54 times, staff 1.35 times, profit per person 1.14 times; parent revenue 2.27 times.

What we assumed

• Each staff count sits within the year it is matched to.The counts are dated August 2022, September 2024 and September 2025.
• Profit that tracks headcount points to a cost-plus service company.A seller’s profit would follow store sales; but store sales are not observed, and parent revenue is mostly cards and TCG Pocket, so the test is weak.

Sanity check

The comparison is with the parent’s total revenue, not store sales, so it cannot rule out the store company being the seller.

Where it comes from

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

Where it’s used

• StoryPokémon Center
• ProfilePokémon Center K.K.