This page contains the latest data on listed J-REITs.
J-REIT Data
8963 Invincible Investment Corporation
A diversified J-REIT focused on residential properties. Acquired LCP Investment Corporation in a merger by absorption and changed its name in February 2010, followed by a 5-for-1 unit split. In July 2011, it carried out a capital increase via a third-party allotment to its new sponsor and extended its debt maturities at the same time. However, a significant rise in interest rates has increased its financing costs. In September 2012, it acquired 24 properties for 14,000 million JPY, but was still able to maintain its dividend through a large reversal of profits from the merger. The third-party allotment carried out in December 2012 was intended to cut financing costs. As a result, the forecast dividend for the period ending December 2014 is 200 JPY per unit and that for the period ending June 2014 is 464 JPY. (Information as of December 19, 2013.)
Unit DataAs of Apr. 8, 2020
| Unit Price | 24,620 JPY (+220 JPY) |
|---|
| Market Capitalization | 150,104.2008 million JPY |
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| Dividend Yield | 14.05% (-0.13) |
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| Trading Volume | 100,036 units |
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(Parentheses indicates daily change)
Earnings ForecastAs of Feb. 20, 2020
No data
|
Previous Period |
Current Period |
Next Period |
| Beginning of Period |
Jul. 1, 2019 |
Jan. 1, 2020 |
Jul. 1, 2020 |
| End of Period |
Dec. 31, 2019 |
Jun. 30, 2020 |
Dec. 31, 2020 |
| Operating revenues |
18,587million JPY |
18,510million JPY |
17,441million JPY |
| Net income |
11,639million JPY |
11,258million JPY |
10,047million JPY |
| Dividend per unit |
1,725 JPY |
1,812 JPY |
1,647 JPY |
Unit Price / Yield / Trading VolumeAs of Apr. 8, 2020
Composition of Acquired PropertiesAs of Feb. 29, 2020
| Total Acquisition Price |
512 billion JPY |
| Number of Properties |
147 |
| Acquisition Price Ratio by Sector |
Acquisition Price Ratio by Region |
|
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Disclosure
- Apr. 3, 2020
- Notice concerning Waiver of Preferential Negotiation Rights to Acquire Properties (113KB)
- Mar. 25, 2020
- Performance Update for February 2020 (206KB)
- Mar. 12, 2020
- Notice concerning Debt Financing (Refinance) and Execution of Interest Rate Swap Agreement (254KB)
- Mar. 6, 2020
- Notice concerning Issuance of Investment Corporation Bonds (180KB)
- Feb. 28, 2020
- Notice concerning Loan Transfer (326KB)
- Feb. 21, 2020
- Notice concerning Execution of Put/Call Options (149KB)
- Feb. 21, 2020
- Performance Update for January 2020 (186KB)
- Feb. 20, 2020
- Financial Summary for the December 2019 Fiscal Period (from July 1, 2019 to December 31, 2019) (457KB)
- Feb. 20, 2020
- December 2019 Fiscal Period Results (July 1, 2019 to December 31, 2019) (4,587KB)
- Feb. 4, 2020
- Notice concerning Change of Credit Rating (136KB)
- Jan. 24, 2020
- Performance Update for December 2019 (243KB)
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