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Record

TPC gain passthrough to equity pickup, year to March 2026 (Apr 2025–Mar 2026)

Year to March 2026 (Apr 2025–Mar 2026)

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

What this is

Nintendo's 32% of TPC's extraordinary gain, after tax at 30.7% (lower bound on the pass-through) or untaxed (upper bound).

The values

  • Taxed 0.32x23809x(1-0.307): 5,280
  • Untaxed 0.32x23809: 7,619

Where it comes from

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

Show the working
  1. 0.32×23,809×0.693=5,279.9
  2. 0.32×23,809=7,618.9

Where it’s used

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