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IPS, Inc. ( (JP:4390) ) has provided an update.
IPS, Inc. has confirmed a report regarding the misuse of telephone lines by its subsidiary, IPS PRO, Inc., which led to fraudulent activities involving the display of incorrect caller IDs. The company is taking steps to enhance subsidiary management and prevent future occurrences, while cooperating with ongoing investigations. Currently, no financial impact is anticipated, but updates will be provided if necessary.
The most recent analyst rating on (JP:4390) stock is a Buy with a Yen4198.00 price target. To see the full list of analyst forecasts on IPS, Inc. stock, see the JP:4390 Stock Forecast page.
More about IPS, Inc.
IPS, Inc. operates in the telecommunications industry, providing services through its domestic subsidiary, IPS PRO, Inc. The company focuses on delivering telecommunications solutions and is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 128,345
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen43.86B
For a thorough assessment of 4390 stock, go to TipRanks’ Stock Analysis page.