IPS, Inc. provided consolidated earnings guidance for the period ending September 2022 and March 2023. For the period, the company expected net sales of JPY 5,400 million, operating income of JPY 1,300 million, net income attributable to owners of parent of JPY 750 million or JPY 60.52 per basic share.

For the year, the company expected net sales of JPY 12,000 million, operating income of JPY 2,920 million, net income attributable to owners of parent of JPY 1,700 million or JPY 137.18 per basic share.