A public offering through issuance of new shares is planned with a total of 1,453,000 shares (1,263,500 shares for the general offering and 189,500 shares for the secondary offering via overallotment). Proceeds will be used for an international submarine cable construction project, aiming to secure funds for multiple projects including the Wakayama landing station. Key dates: board resolution on issuance on 2026-10-05, pricing determination earliest on 2026-10-14, subscription period 2026-10-15 to 2026-10-16, payment date 10-20, settlement date 10-21 (all dates shown are earliest possible). Lock-up periods apply to certain shareholders, including founder and CEO Koji Miyashita.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4390","jir_company_name":"IPS, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4390-20261005-03.pdf","jir_short_summary":"A public offering through issuance of new shares is planned with a total of 1,453,000 shares (1,263,500 shares for the general offering and 189,500 shares for the secondary offering via overallotment). Proceeds will be used for an international submarine cable construction project, aiming to secure funds for multiple projects including the Wakayama landing station. Key dates: board resolution on issuance on 2026-10-05, pricing determination earliest on 2026-10-14, subscription period 2026-10-15 to 2026-10-16, payment date 10-20, settlement date 10-21 (all dates shown are earliest possible). Lock-up periods apply to certain shareholders, including founder and CEO Koji Miyashita.","jir_summary":"### Overview of Capital Policy\nIPS, Inc. has published supplementary explanatory materials regarding a domestic public offering. The total number of shares to be issued is 1,453,000 shares, comprising 1,263,500 shares in the general offering and 189,500 shares in a secondary offering via overallotment. Board resolution on issuance is dated 2026-10-05, pricing determination (earliest) 2026-10-14, subscription period 10-15 to 10-16, payment date 10-20, and settlement date 10-21. Lock-up periods apply to the issuer and to founders\/CEO, and the use of proceeds for international submarine cable projects including the Wakayama project is explained.\n\n### Use of Proceeds and Future Outlook\nProceeds are planned to be used as investment funds for international submarine cable construction projects. Through multiple projects including consideration of constructing the Wakayama landing station, the company aims to capture growth opportunities in digital infrastructure centered on the Philippines. Investments are expected to be made over multiple fiscal years, with final investment amounts and timing determined in consultation with partner companies.","jir_financial_highlights":"Offering number of shares: 1,453,000 shares (Unknown)\nNew shares issued by general offering: 1,263,500 shares (Unknown)\nSecondary offering by overallotment: 189,500 shares (Unknown)\nBoard resolution date: 2026-10-05 (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #CapitalPolicy, #PublicOffering, #PublicOfferingSupplement","jir_key_figures":"Total number of offering shares: 1,453,000 shares\nNew shares issued by general offering: 1,263,500 shares\nSecondary offering by overallotment: 189,500 shares","jir_meta_title":"IPS, Inc. Announces Public Offering\uff5cFinancing Around 23 billion yen","jir_meta_description":"Announces implementation of capital policy via a domestic public offering. Plans to issue 1,453,000 new shares, with proceeds to be used for international submarine cable construction projects and others. Lock-up terms and schedule disclosed.","jir_og_title":"IPS, Inc. Announces Public Offering\uff5cProceeds to Be Used for Submarine Cables, etc.","jir_og_description":"Announces fundraising through issuance of new shares. Total shares to be issued 1,453,000 shares; general offering 1,263,500 shares; overallotment 189,500 shares. Timing and lock-up information also disclosed.","jir_og_image_url":"\/assets\/og\/company-capital_policy.jpg","jir_chart_data_collection":"[]","ir_related_company":56901,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-127592","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n