What this is
How the Irish subsidiary's accounts compare with Pokémon Korea's: none of Korea's group charges appear. Ireland has no card sales or royalty cost, no licence income or cost, no charge paid to TPC, no dividend and no group loan; instead the group pays Ireland for services.
How it’s built
- Each line of Pokémon Korea's accounts that involves the group was matched with its counterpart in Ireland's filed accounts for 2022–2025.
- Ireland's revenue comes entirely from its parent, and it was funded by a capital contribution of €4,074,648 rather than a loan.
What we assumed
Nothing. The figure is used as published.
Sanity check
The two are different kinds of company: Korea sells and pays the group for the brand; Ireland is a cost centre the group pays.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Licence cost (Korea 60-64% of licence income): absent: no licence income or cost
- Dividend (Korea none in nine years): none FY2022-FY2025 (same outcome)
- Royalties from outside EMEA: none: no royalty income at all
- No royalty, licence fee or licensing income or cost line in the income statement or notes
- Capital contribution reserve 4,074,648