Below are the financial statements of Invincible Investment, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of JPY | 2024 as of 2024-06-30 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and bank deposits | 30,213.93a | 21,956.12a |
| Cash and bank deposits in trust | 12,346.89a | 12,936.39a |
| Rental receivables | 6,040.83a | 4,834.08a |
| Deposits paid | 2,414.24a | 1,976.18a |
| Prepaid expenses | 1,428.54a | 1,143.42a |
| Income taxes receivable | 0.02a | 0.02a |
| Consumption tax receivable | 0a | 2,615.54a |
| Other | 0a | 12.64a |
| Total current assets | 52,444.47a | 45,474.4a |
| Non-current assets | — | — |
| Property and equipment | — | — |
| Buildings at cost | 19,487.46a | 19,484.17a |
| Accumulated depreciation | -2,246.26a | -2,026.92a |
| Buildings, net | 17,241.2a | 17,457.25a |
| Buildings and accompanying facilities, at cost | 5,311.88a | 5,311.88a |
| Accumulated depreciation | -1,567.26a | -1,413.71a |
| Buildings and accompanying facilities, net | 3,744.62a | 3,898.16a |
| Structures, at cost | 1.46a | 1.46a |
| Accumulated depreciation | -0.28a | -0.25a |
| Structures, net | 1.18a | 1.21a |
| Tools, furniture and fixtures, at cost | 1,495.66a | 1,365.82a |
| Accumulated depreciation | -622.27a | -543.19a |
| Tools, furniture and fixtures, net | 873.4a | 822.63a |
| Construction in progress | 1,055.65a | 754.33a |
| Buildings in trust, at cost | 184,336.4a | 184,088.73a |
| Accumulated depreciation | -33,929.45a | -31,362.71a |
| Buildings in trust, net | 150,406.95a | 152,726.02a |
| Buildings and accompanying facilities in trust, at cost | 42,057.23a | 40,943.1a |
| Accumulated depreciation | -15,555.05a | -14,493.71a |
| Buildings and accompanying facilities in trust, net | 26,502.19a | 26,449.39a |
| Structures in trust, at cost | 302.74a | 281.53a |
| Accumulated depreciation | -129.19a | -121.92a |
| Structures in trust, net | 173.55a | 159.61a |
| Tools, furniture and fixtures in trust, at cost | 4,049.88a | 3,767.99a |
| Accumulated depreciation | -2,413.91a | -2,200.87a |
| Tools, furniture and fixtures in trust, net | 1,635.97a | 1,567.12a |
| Land in trust | 264,666.4a | 264,666.4a |
| Construction in progress in trust | 240.5a | 198.06a |
| Total property and equipment, net | 466,541.61a | 468,700.18a |
| Intangible assets | — | — |
| Leasehold rights | 10,637.81a | 10,637.81a |
| Leasehold rights in trust | 17,357.8a | 17,396.61a |
| Total intangible assets | 27,995.61a | 28,034.42a |
| Investments and other assets | — | — |
| Investment securities | 17,856.39a | 17,856.39a |
| Guarantee deposits | 1,390.46a | 1,382.36a |
| Long-term prepaid expenses | 2,007.28a | 1,825.99a |
| Derivatives assets | 627.68a | 7.88a |
| Other | 32.67a | 22.67a |
| Total investments and other assets | 21,914.47a | 21,095.28a |
| Total non-current assets | 516,451.68a | 517,829.88a |
| Deferred assets | — | — |
| Investment corporation bond issuance costs | 120.36a | 88.78a |
| Total deferred assets | 120.36a | 88.78a |
| Total assets | 569,016.51a | 563,393.06a |
| Liabilities | — | — |
| Current liabilities | — | — |
| Accounts payable | 709.91a | 800.49a |
| Short-term loans payable | 8,813a | 36,520a |
| Current portion of investment corporation bonds | 1,000a | 1,000a |
| Current portion of long-term loans payable | 44,553a | 36,787a |
| Accounts payable-other | 8.69a | 6.32a |
| Accrued expenses | 393.15a | 281.21a |
| Income taxes payable | 0.61a | 0.61a |
| Consumption taxes payable | 1,023.21a | 0a |
| Advances received | 313.58a | 305.68a |
| Deposits received | 18.59a | 55.11a |
| Total current liabilities | 56,833.73a | 75,756.41a |
| Non-current liabilities | — | — |
| Investment corporation bonds | 19,900a | 13,900a |
| Long-term loans payable | 196,888a | 180,893a |
| Tenant leasehold and security deposits in trust | 1,497.7a | 1,491.06a |
| Derivatives liabilities | 734.86a | 654.37a |
| Asset retirement obligations | 395.49a | 393.2a |
| Total non-current liabilities | 219,416.05a | 197,331.63a |
| Total liabilities | 276,249.78a | 273,088.04a |
| Net assets | — | — |
| Unitholders’ equity | — | — |
| Unitholders’ capital | 270,101.25a | 270,101.25a |
| Surplus | — | — |
| Capital surplus | 6,264.43a | 6,264.43a |
| Deduction of capital surplus | — | — |
| Allowance for temporary differences adjustment | -6.13a | -6.13a |
| Other deduction of capital surplus | -5,524.01a | -5,524.01a |
| Total deduction of capital surplus | -5,530.14a | -5,530.14a |
| Capital surplus (net) | 734.29a | 734.29a |
| Retained earnings | 21,542.21a | 19,690.53a |
| Total surplus | 22,276.51a | 20,424.83a |
| Total unitholders’ equity | 292,377.76a | 290,526.08a |
| Valuation and translation adjustments | — | — |
| Deferred gains or losses on hedges | 388.98a | -221.05a |
| Total valuation and translation adjustments | 388.98a | -221.05a |
| Total net assets | 292,766.73a | 290,305.02a |
| Total liabilities and net assets | 569,016.51a | 563,393.06a |
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