What this is
This is not annualised: an opening rush is not a run rate, and no footfall is priced (C-Q46-5). In 2014–16 a K.K. with ¥0.39bn of assets could not have owned the stock of ten-plus stores of that scale.
The values
- Mega Tokyo first 3 days: ¥100m
- KK total assets year to February 2016: ¥390m
- Ratio: 0.26
Where it comes from
Our calculation from other figures in the trainer’s notes:
- ReportedMega Tokyo sales, first three days, 12 December 2014 to 14 December 2014
- EstimateSubsidiary net income, year to February 2015-16
Show the working
- 100 / 390 = 0.26