Invincible Investment Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Property, Plant & Equipment	655,337	621,357	468,700	418,950	427,359
Cash & Equivalents	24,637	31,964	21,956	15,553	12,760
Accounts Receivable	9,269	7,508	4,834	4,845	2,294
Other Receivables	-	-	2,616	0.01	0.01
Other Intangible Assets	-	-	28,034	25,057	25,135
Restricted Cash	14,762	13,319	12,936	7,769	6,767
Other Current Assets	4,997	5,727	3,132	2,360	796
Deferred Long-Term Charges	-	-	88.78	37.84	50.35
Other Long-Term Assets	93	129	21,095	19,666	19,659
Total Assets	709,095	680,004	563,393	494,238	494,820
Current Portion of Long-Term Debt	58,150	40,599	37,787	45,405	48,667
Long-Term Debt	290,503	279,173	194,793	80,877	124,492
Accounts Payable	1,147	1,466	800.49	629.23	774.13
Accrued Expenses	503	427	281.21	635.95	832.75
Current Income Taxes Payable	-	-	0.61	0.61	0.61
Other Current Liabilities	1,227	799	367.11	334.21	573.83
Other Long-Term Liabilities	2,979	2,727	2,539	1,520	1,563
Total Liabilities	354,509	328,616	273,088	243,917	248,689
Common Stock	326,079	326,079	270,101	235,702	235,702
Additional Paid-In Capital	734	734	6,264	6,264	6,264
Retained Earnings	25,175	23,765	19,691	13,743	9,676
Comprehensive Income & Other	2,598	810	-5,751	-5,387	-5,512
Shareholders' Equity	354,586	351,388	290,305	250,321	246,130
Total Liabilities & Equity	709,095	680,004	563,393	494,238	494,820
Total Debt	348,653	323,197	269,100	240,797	244,945
Net Cash (Debt)	-324,016	-291,233	-247,144	-225,244	-232,185
Net Cash Per Share	-42374.68	-40501.94	-38529.30	-36944.36	-38082.91
Filing Date Shares Outstanding	7.65	7.64	6.1	6.1	6.1
Total Common Shares Outstanding	7.65	7.64	6.1	6.1	6.1
Book Value Per Share	46372.61	45968.74	47615.65	41057.51	40370.15
Tangible Book Value	354,586	351,388	262,271	225,264	220,995
Tangible Book Value Per Share	46372.61	45968.74	43017.46	36947.64	36247.51
Land	-	-	264,666	241,319	242,198
Buildings	-	-	250,111	216,770	217,916
Construction In Progress	-	-	952.39	715	690.04