IPS, Inc. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 1,961 million against JPY 1,813 million a year ago. Operating profit was JPY 370 million against JPY 325 million a year ago. Ordinary profit was JPY 381 million against JPY 286 million a year ago. Profit attributable to owners of parent was JPY 218 million against JPY 193 million a year ago. Basic earnings per share were JPY 17.64 against JPY 15.67 a year ago. Diluted earnings per share were JPY 16.72 against JPY 15.12 a year ago.