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Record

Placement algebra parent against kk seller, TPC year to February 2026

TPC year to February 2026

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Group revenue and the parent's 売上高 of ¥531,428m are fixed. Under P (parent sells) nothing moves: Q02 already puts the stores in the parent.

The values

  • S japan store sales: ¥50–150bn
  • T transfer ratio: 0.75 to 0.85

Some detail is too fine to show here; it is kept in the trainer’s notes.

Where it comes from

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

Show the working
  1. IC = S × t: 50 × 0.75 = 37.5 … 150 × 0.85 = 127.5
  2. Shift = S × (1 − t): 50 × 0.15 = 7.5 … 150 × 0.25 = 37.5
  3. Gross-basis room 2 + 7.5 … 37.5 = 9.5–39.5
  4. net-basis room 47 + 7.5 … 37.5 = 54.5–84.5
  5. Subsidiaries residual 140 − 37.5 … 7.5 = 102.5–132.5
  6. 151.7 − 37.5 … 7.5 = 114.2–144.2

Where it’s used

Related figures

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