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 and profits, but factoring in the fading Expo effect and China-Japan relations, the December 2026 annual operating revenue is expected at 28,045 million yen and net income for the period at 14,988 million yen. DPU is expected to be 1,930 yen for the June period, 2,186 yen for December, and 1,949 yen for June 2027. 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KPI for ICN101 property improved across all metrics. Forecasts for December 2026 and June 2027 project higher revenue and profits, but factoring in the fading Expo effect and China-Japan relations, the December 2026 annual operating revenue is expected at 28,045 million yen and net income for the period at 14,988 million yen. DPU is expected to be 1,930 yen for the June period, 2,186 yen for December, and 1,949 yen for June 2027. Emphasis on earnings power through internal growth and strategic capex.","jir_summary":"### Overview of the results\nThis reporting period faced a decline in Osaka Expo-related demand and ongoing effects from Japan-China relations, but revenue increased thanks to properties acquired in August 2025 and favorable overseas hotel management fees. KPI for ICN101 property surpassed prior year in RevPAR and GOP, while banquet\/food & beverage sales remained solid. Domestic residential NOI rose due to rent adjustments and improved occupancy. On the financial side, JCR ratings are trending toward AA-, and the use of green finance is expanding.\n\n### Outlook and strategy\nThe outlook for December 2026 forecasts per-unit dividends of 2,186 yen, with 1,949 yen expected for June 2027. Revenue improvement is anticipated for both domestic and international hotels, while accounting for the expiration of Expo effects and delayed recovery in the Chinese market. Internal growth is placed as the primary driver, with realizable gains, internal reserves, and strategic capex combined to target a DPU growth of over 3%. Initiatives to boost profitability, such as leveraging GoToPass and expanding self-service site bookings, will continue.","jir_financial_highlights":"Operating revenue: 26,789 \u767e\u4e07\u5186 (YoY +6.7%)\nNet income for the period: 14,729 \u767e\u4e07\u5186 (YoY +2.5%)\nPer-Unit Distribution (yen): 1,930 \u5186 (YoY +1.8%)\nStarting point of medium-term DPU target: Annual average growth of 3% or more (New target set)","jir_category":"","jir_hashtags":"#InvincibleInvestmentCorporation, #Earnings, #DPU, #DPUMediumTermTarget, #ICN, #GreenFinance","jir_key_figures":"2026\u5e746\u6708\u671f \u55b6\u696d\u53ce\u76ca26,789\u767e\u4e07\u5186\uff08\u524d\u5e74\u540c\u671f\u6bd46.7%\u5897\uff09\n1\u53e3\u5f53\u305f\u308a\u5206\u914d\u91d1 1,930\u5186\uff082026\u5e746\u6708\u671f\uff09\nDPU 2026\u5e7412\u6708\u671f\u4e88\u60f3 2,186\u5186\u30012027\u5e746\u6708\u671f\u4e88\u60f3 1,949\u5186","jir_meta_title":"\u3010Invincible Investment Corporation\u30112026 Year Ending June Interim Financial Results Presentation\uff5cDPU Medium-Term Target Setting and Earnings Forecast","jir_meta_description":"Key points from Invincible Investment Corporation's 2026 interim financial results presentation for June. Summaries of revenue, net income, DPU movements, ICN101 KPI improvements, outlook for 2026 December and 2027 June, and internal growth strategies, including profitability improvements such as GoToPass.","jir_og_title":"\u3010Invincible Investment Corporation\u3011Results Briefing: Advancing DPU Growth via Internal Growth and CAPEX","jir_og_description":"Summary of the June 2026 interim results. Trends in revenue, net income, and DPU; ICN101 KPI improvements; outlook for 2026 December and 2027 June; internal growth and CAPEX strategy.","jir_og_image_url":"","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\/6\\\",\\\"2025\/12\\\",\\\"2026\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Revenue\\\",\\\"data\\\":[25107,28145,26789]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Profit Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025\/6\\\",\\\"2025\/12\\\",\\\"2026\/6\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Profit\\\",\\\"data\\\":[15935,17564,17564]}]}}\"}, {\"jir_chart_id\": \"dpu_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"DPU Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"6\u6708\u671f\\\",\\\"12\u6708\u671f\\\",\\\"2027\/6\u671f\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Per-Unit Distribution (yen)\\\",\\\"data\\\":[1930,2186,1949]}]}}\"}, {\"jir_chart_id\": \"icn101_kpi\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"ICN101 Property KPI Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"6\u6708\u671f\\\",\\\"12\u6708\u671f\\\",\\\"\u5e74\u9593\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"RevPAR (yen)\\\",\\\"data\\\":[+1.6,+0.0,+0.0]},{\\\"label\\\":\\\"GOP\\\",\\\"data\\\":[+0.4,+0.0,+0.0]}]}}\"}, {\"jir_chart_id\": \"occupancy_adr_revpar\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Regional Rooms Revenue, Occupancy, ADR\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Osaka\/Kansai\\\",\\\"Other than Kansai\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"RevPAR\\\",\\\"data\\\":[\\\"+\\\",\\\"+\\\"]}}]}\"}]","ir_related_company":7864,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-106879","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n