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Niantic cost implied jpy per usd by ticket hypothesis, October 2015 to 2016 (cost basis)

October 2015 to 2016 (cost basis)

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

What this is

Nintendo's cost ¥1,163m divided by each candidate USD ticket. The three-equal-tickets press account gives $6.66m upfront each; the $10m milestone tranche, split three ways adds $3.33m.

The values

  • If cost is 6.66m only: 175
  • If cost is 10.0m (6.66 + 3.33 milestone third): 116

Where it comes from

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

Show the working
  1. 1,163/6.66 = 174.6
  2. 1,163/9.99 = 116.4
  3. 1,163/10 = 116.3

Where it’s used

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