What this is
Max |residual| ¥0.89bn (FRED) / ¥0.82bn (ECB) against the ¥11.7bn a translation release would leave in one quarter; the residuals sum to ≈−0.16bn. The ≤¥0.95bn conclusion of survives (worst quarter Q3 +0.89bn, the sign opposite to a release).
The values
- Observed quarterly: -4,704, -2,844, 3,667, 6,496
- Model FRED cross: -4,585, -2,288, 2,777, 6,866
- Residual FRED cross: -119, -556, 890, -370
- Max abs FRED cross: 890
- Rmse FRED cross: 560
- Model ECB: -4,585, -2,344, 2,849, 6,852
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:
- Estimate持分法 OCI by quarter: translation-only model against printed (tests whether the △11,679 is a translation release), year to March 2026, year to March 2026 Q1–Q4 (TPCi Jan–Dec 2025 translation dates)
- ReportedTranslation dating test dec31 against feb against mar (F-2) — supersedes, year to March 2018–year to March 2026
- Filed$/¥ (FRED H.10 DEXJPUS), 30 June 2025144 ¥ per $
- Filed$/¥ (FRED H.10 DEXJPUS), 30 September 2025148 ¥ per $
- Filed$ per EUR (FRED H.10 DEXUSEU), 30 June 20251.18 $ per EUR
- FiledFx rate register december 31 closing (TPCi-basis) — extends /, Dec 2016–Dec 2025 (last business day)
Show the working
- Q2: 0.32×(1.77×1.18^0.25×(144.17−149.48) + 0.32×1.18^0.25×(169.69−161.76)) = −2,288 vs −2,844
- Q3: … (147.97−144.17), (173.64−169.69) = +2,777 vs +3,667
Related figures
Built from this one