Invincible Investment Corporation
Stock Price Chart
2026/10/09 12:26 UpdatedPrice Trend
2026/10/09 12:26 UpdatedPrice & Trading Details
2026/10/09 12:26 UpdatedPRICE
TRADING
Analyst Recommendations 7 analysts
Updated 2026/10/01Earnings Calendar
Updated 2026/10/01Shareholder Composition
Updated 2026/10/01Top Mutual Funds / ETFs
Updated 2026/10/01Major Holders
Updated 2026/10/01| Fund Name | Ownership | Shares | Change |
|---|---|---|---|
|
Vanguard International Stock Index-Total Intl Stock Indx
|
92.6K | +1.55% | |
|
Price (T.Rowe) Real Assets Fund
|
77.1K | +7.74% | |
|
Price (T.Rowe) Real Assets Trust I
|
71.4K | +11.02% | |
|
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund
|
55.6K | +1.99% | |
|
DFA Investment Dimensions-DFA Int'l Real Estate Securities
|
51.6K | +1.74% | |
|
iShares Core MSCI EAFE ETF
|
46.2K | +10.90% |
Dividend History
Updated 2026/10/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥1,930 | -52.7% |
| 2025 | ¥4,081 | +4.7% |
| 2024 | ¥3,899 | +25.6% |
| 2023 | ¥3,104 | +211.0% |
| 2022 | ¥998 | - |
Financial Performance
2026/10/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥12,213M | ¥19,610M | ¥34,734M | ¥46,691M |
| Gross Profit | ¥2,715M | ¥10,505M | ¥25,149M | ¥35,259M |
| Operating Income | -¥49M | ¥8,371M | ¥22,946M | ¥32,387M |
| Pretax Income | -¥1,301M | ¥7,252M | ¥21,155M | ¥30,576M |
| Net Income | -¥2,585M | ¥6,090M | ¥19,946M | ¥28,039M |
| EPS | -¥424.07 | ¥998.96 | ¥3,099.61 | - |
| Operating Margin | -0.40% | 42.69% | 66.06% | 69.37% |
| Balance Sheet | ||||
| Total Assets | ¥494,820M | ¥494,238M | ¥563,393M | ¥680,005M |
| Total Equity | ¥246,130M | ¥250,321M | ¥290,305M | ¥351,389M |
| Total Liabilities | ¥248,689M | ¥243,917M | ¥273,088M | ¥328,616M |
| Cash | ¥12,760M | ¥15,553M | ¥21,956M | ¥31,964M |
| Interest-bearing Debt | ¥244,945M | ¥240,797M | ¥269,100M | ¥323,197M |
| Equity Ratio | 49.74% | 50.65% | 51.53% | 51.67% |
| D/E Ratio | 1.00 | 0.96 | 0.93 | 0.92 |
| Cash Flow | ||||
| Operating CF | ¥12,824M | ¥12,399M | ¥26,556M | ¥37,798M |
| Investing CF | -¥2,754M | -¥1,568M | -¥57,518M | -¥111,260M |
| Financing CF | -¥19,521M | -¥7,035M | ¥45,333M | ¥83,853M |
| Free CF | ¥11,727M | ¥10,865M | -¥33,616M | -¥72,800M |
| Efficiency | ||||
| ROE | -1.05% | 2.43% | 6.87% | 7.98% |
| ROA | -0.52% | 1.23% | 3.54% | 4.12% |
Latest IR Information
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Notice regarding portfolio management results (August 2026)
August occupancy for the 101 domestic hotels was flat to slightly down month-on-month, with ADR down 3.2% and RevPAR down 3.8%. On a year-to-date basis, room occupancy rose by 0.7 pts and RevPAR was roughly flat to up about 0–0.7%....
Read more -
Notice Regarding Portfolio Management Results (July 2026)
Reveals domestic hotel and overseas hotel management results for July 2026. Domestic occupancy rate 86.3%, RevPAR 13,039 yen, revenue over 100 billion yen, YoY improvement. ADR declined by 1.0%. Overseas Cayman two properties occupancy 66.0%, RevPAR 272 USD, revenue over...
Read more -
Invincible Investment Corporation 2026 Fiscal Year June Interim Financial Results Presentation
For the six months ended June 2026, total revenue was 26,789 million yen, distribution per unit 1,930 yen, beating the prior year. KPI for ICN101 property improved across all metrics. Forecasts for December 2026 and June 2027 project higher revenue...
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Invisible Investment Corporation 2026 June Interim Financial Summary
Operating revenue for the 2026 June period was 26,689 million yen, net income for the period was 14,729 million yen. Distributions are 1,930 yen per unit, total distribution amount is 16,715 million yen. For the next period, sales are expected...
Read more -
Invincible Investment Corporation's Portfolio Operating Results | June 2026
Invincible Investment Corporation reported that the domestic hotel sales revenue for June 2026 was 8,087 million yen, with a RevPAR of 10,264 yen, showing fluctuations compared to the previous month and year. Overseas hotel RevPAR also increased, indicating generally stable...
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Latest News (5 items)
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Average Analyst Rating: none
Average Target Price: ¥77,833
Rating Score: 1.29 (Based on 7 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
About
Invincible Investment Corporation in accordance with the Investment Trust and Investment Corporation Act (Act No. 198 of 1951, as amended). In May 2004, INV was listed on the Osaka Securities Exchange (application for delisting was made in August 2007), and in August 2006 was listed on the Real Estate Investment and Trust Securities Section of the Tokyo Stock Exchange. After the absorption-type merger with LCP Investment Corporation (LCP) was implemented on February 1, 2010, INV issued new investment units through a third-party allotment on July 29, 2011, and refinanced its debt. Calliope Godo Kaisha (Calliope), an affiliate of the Fortress Investment Group LLC (FIG and together with Calliope and other affiliates of FIG, collectively the Fortress Group) was the main allottee, and the sponsor changed to the Fortress Group. Ever since the commencement of sponsorship from the Fortress Group (Note 1), INV has been focusing its efforts on improving the profitability of its portfolio and establishing a revenue base to secure stable distributions and has strengthened the lender formation through new borrowings and the refinancing of existing bank borrowings, thereby creating a financial base for external growth. With this platform as a base, in June 2014, Consonant Investment Management Co., Ltd., the asset manager to which INV entrusts the management of its assets (CIM) revised the Investment Guidelines for INV, positioned hotels as a core asset class alongside residential properties with a view towards expanding investments in the hotel sector in which demand is forecasted to rise going forward, and has expanded its portfolio. In the Fiscal Period ended June 30, 2025 (Reporting Period), INV's portfolio at the end of the Reporting Period comprised of 146 properties (104 hotels (Note 2) (Note 3), 41 residential properties and one retail facility) with a total acquisition price of JPY 653,066 million (Note 4) as there was no acquisition nor disposition of assets during the Reporting Period. INV's hotel portfolio has the largest asset size (Note 5) of JPY 612,281 million (104 properties, 18,871 rooms) among all J-REITs (real estate investment corporations which are listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market, hereinafter the same shall apply) hotel portfolios including Hotel J-REITs with continuous acquisition of assets through sponsor support. Invincible Investment Corporation was incorporated in Japan, 2002. Invincible Investment Corporation was established in January 2002 and is incorporated in Japan.