IPS, Inc. (JP:4390) has released an update.
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IPS, Inc. has announced an upward revision of its consolidated earnings forecast for the second quarter of fiscal year 2025, following a strong first-quarter performance that included unforeseen foreign exchange gains of 350 million yen. The positive revision is attributed to the robust performance of the Global Telecommunications Business and early equipment sales in the Philippine market. Despite the adjustments for the second quarter, the full-year forecast remains unchanged from the May 10, 2024, announcement.
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