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\u20130.7%. Regional performance was strong outside the Kansai area, and monthly trends reflecting the impact of reduced inbound demand are reported.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8963","jir_company_name":"Invincible Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/8963-20260925-01.pdf","jir_short_summary":"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\u20130.7%. Regional performance was strong outside the Kansai area, and monthly trends reflecting the impact of reduced inbound demand are reported.","jir_summary":"### Business Performance Overview\nThis report discloses portfolio management results for August 2026. The monthly performance for 101 domestic hotels shows a room occupancy rate of 87.3% (YoY: \u25b30.5 pt), ADR of \u00a518,887 (\u25b33.2%), and RevPAR of \u00a515,608 (\u25b33.8%). Revenue was \u00a511,620 million, rooms revenue was \u00a58,089 million, and non-rooms revenue was \u00a53,530 million. YoY comparisons show rooms revenue down \u25b33.9% and non-rooms revenue up \u25b33.3%, reflecting segment differences. Two offshore Cayman properties recorded a room occupancy rate of 43.4%, ADR of USD 316, and RevPAR of USD 137 for August. Inbound demand from abroad was affected by decreases in visitors from China.\n\n### Outlook and Implications\nDomestic hotels are experiencing modest recovery in cumulative metrics, with occupancy up by 0.7 pt, ADR down 2.4%, and RevPAR down 1.6% MoM. Potential continued softness due to demand fluctuations related to events in Osaka and ongoing Japan-China relations, with JNTO estimating inbound non-resident visitors at a low level (YoY \u25b39.6%). Outside the Kansai region, occupancy remains high. The two offshore properties show improving trends in group bookings, and RevPAR is expected to stay firm.","jir_financial_highlights":"Revenue (million yen) Domestic Hotels: 11,620 (MoM \u25b31.8%)\nRooms Revenue (million yen) Domestic Hotels: 8,089 (MoM \u25b33.9%)\nNon-Room Revenue (million yen) Domestic Hotels: 3,530 (MoM +3.3%)","jir_category":"","jir_hashtags":"#InvincibleInvestmentCorporationBlog, #PortfolioManagementResults","jir_key_figures":"Domestic Hotels Revenue 11,620 million yen (for the month)\nDomestic Hotels Rooms Revenue 8,089 million yen (for the month)\nDomestic Hotels Non-Room Revenue 3,530 million yen (for the month)","jir_meta_title":"[Invincible Investment Corporation] Notice of Portfolio Management Results (August 2026)","jir_meta_description":"Report on August performance for 101 domestic hotels focusing on occupancy, ADR, and RevPAR, including Osaka Expo-related impacts and inbound demand trends, plus status of two offshore Cayman properties.","jir_og_title":"Invincible Investment Corporation: August Portfolio Results","jir_og_description":"Summary of monthly performance for domestic hotels by region, and status of offshore properties, with discussion on inbound demand and outlook.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7864,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"sales_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-123202","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n