What this is
OP FX = s × 531,428 × 0.25624 × (1 − c), c = foreign-currency share of costs against foreign revenue (0 = all costs in yen; 0.3 ≈ app-store fees on a gross-booked Pocket; 0.5 = TPCi-like cost base).
The values
- Nominal operating profit multiple: 2.44
- Operating profit increment: 84,972
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:
- ReportedOperating profit, year to February 2022 (24th)¥59bn
- ReportedOperating profit, year to February 2026 (28th)¥144bn
Show the working
- INTERPRETATION, C
- OP FX = s × 531,428 × 0.25624 × (1 − c), c = foreign-currency share of costs against foreign revenue …
- 0.3 ≈ app-store fees on a gross-booked Pocket
- 0.5 = TPCi-like cost base)
- OP 59,000 …