Invincible Investment Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 9, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Market Capitalization	470,257	492,432	506,195	410,964	310,939	221,925	Upgrade
Market Cap Growth	-4.06%	-2.72%	23.17%	32.17%	40.11%	9.80%	Upgrade
Enterprise Value	794,273	780,936	747,135	631,777	538,516	464,888	Upgrade
Last Close Price	61500.00	64400.00	62111.28	53964.53	42792.83	29916.46	Upgrade
PE Ratio	15.14	15.86	18.05	20.60	51.05	-	Upgrade
PS Ratio	8.76	9.17	10.84	11.83	15.86	18.17	Upgrade
PB Ratio	1.33	1.39	1.44	1.42	1.24	0.90	Upgrade
P/OCF Ratio	11.01	11.53	13.39	15.48	25.08	17.31	Upgrade
EV/Sales Ratio	14.79	14.54	16.00	18.19	27.46	38.07	Upgrade
EV/EBITDA Ratio	16.86	16.58	17.90	20.44	33.88	60.44	Upgrade
EV/EBIT Ratio	21.91	21.55	23.07	27.53	64.33	-	Upgrade
Debt / Equity Ratio	0.98	0.98	0.92	0.93	0.96	1.00	Upgrade
Debt / EBITDA Ratio	7.40	7.40	7.74	8.71	15.15	31.85	Upgrade
Net Debt / Equity Ratio	0.91	0.91	0.83	0.85	0.90	0.94	Upgrade
Net Debt / EBITDA Ratio	6.88	6.88	6.98	8.00	14.17	30.19	Upgrade
Asset Turnover	0.08	0.08	0.08	0.07	0.04	0.02	Upgrade
Quick Ratio	0.56	0.56	0.85	0.39	0.13	0.12	Upgrade
Current Ratio	0.88	0.88	1.25	0.60	0.19	0.18	Upgrade
Return on Equity (ROE)	8.80%	8.80%	8.74%	7.38%	2.45%	-1.04%	Upgrade
Return on Assets (ROA)	3.26%	3.26%	3.26%	2.71%	1.06%	-0.01%	Upgrade
Return on Invested Capital (ROIC)	5.15%	5.26%	5.25%	4.37%	1.70%	-0.01%	Upgrade
Earnings Yield	6.60%	6.31%	5.54%	4.85%	1.96%	-1.17%	Upgrade
Dividend Yield	6.23%	-	-	5.75%	2.33%	0.60%	Upgrade
Payout Ratio	95.46%	95.46%	85.45%	70.16%	33.23%	-	Upgrade
Buyback Yield / Dilution	-6.34%	-6.34%	-12.10%	-5.21%	-	-	Upgrade
Total Shareholder Return	-0.11%	-6.34%	-12.10%	0.54%	2.33%	0.60%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.