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Japan's Invincible Investment revises earnings projections

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Japan's Invincible Investment revises earnings projections

Invincible Investment Corp. revised its earnings-per-unit projections for the fiscal periods ending Dec. 31; June 30, 2019; and Dec. 31, 2019.

For the period ending Dec. 31, the Japanese real estate investment trust expects earnings per unit of ¥1,442, compared to its previous projection of ¥1,422.

For the periods ending June 30, 2019, and Dec. 31, 2019, the company forecasts earnings per unit of ¥1,568 and ¥1,662, compared to prior estimates of ¥1,546 and ¥1,639, respectively.

As of Dec. 17, US$1 was equivalent to ¥112.98.