IPS, Inc.

TSE:4390 Stock Report

Market Cap: JP¥45.6b

IPS Future Growth

Future criteria checks 2/6

IPS is forecast to grow earnings and revenue by 9.4% and 17.8% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

9.4%

Earnings growth rate

9.21%

EPS growth rate

Telecom earnings growth4.8%
Revenue growth rate17.8%
Future return on equity18.80%
Analyst coverage

Low

Last updated28 May 2026

Recent future growth updates

Recent updates

Analysis Article • May 16

There May Be Underlying Issues With The Quality Of IPS' (TSE:4390) Earnings

IPS, Inc.'s ( TSE:4390 ) stock was strong after they recently reported robust earnings. However, our analysis suggests...
Analysis Article • Dec 03

IPS' (TSE:4390) Dividend Will Be ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend on the 25th of June, with investors...
Analysis Article • Sep 27

IPS' (TSE:4390) Dividend Will Be ¥20.00

IPS, Inc.'s ( TSE:4390 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This means the...
Analysis Article • Aug 15

A Piece Of The Puzzle Missing From IPS, Inc.'s (TSE:4390) 26% Share Price Climb

IPS, Inc. ( TSE:4390 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The last...
Analysis Article • Jul 23

IPS' (TSE:4390) Dividend Will Be ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
Analysis Article • Jul 09

IPS' (TSE:4390) Dividend Will Be ¥20.00

IPS, Inc.'s ( TSE:4390 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. This means the...
Analysis Article • Mar 13

IPS (TSE:4390) Will Pay A Dividend Of ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥20.00 per share on the 27th of June...
Analysis Article • Jan 17

IPS (TSE:4390) Has Announced A Dividend Of ¥20.00

IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥20.00 per share on the 27th of June. Although the...
Analysis Article • Jan 03

IPS' (TSE:4390) Dividend Will Be ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend on the 27th of June, with investors...
Analysis Article • Dec 18

IPS' (TSE:4390) Dividend Will Be ¥20.00

IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥20.00 per share on the 27th of June. Despite this...
Analysis Article • Dec 04

IPS (TSE:4390) Will Pay A Dividend Of ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥20.00 per share on the 27th of June...
Analysis Article • Nov 21

Impressive Earnings May Not Tell The Whole Story For IPS (TSE:4390)

Unsurprisingly, IPS, Inc.'s ( TSE:4390 ) stock price was strong on the back of its healthy earnings report. However, we...
Analysis Article • Sep 26

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

IPS, Inc. ( TSE:4390 ) will increase its dividend from last year's comparable payment on the 4th of December to ¥20.00...
Analysis Article • Sep 11

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

IPS, Inc. ( TSE:4390 ) will increase its dividend from last year's comparable payment on the 4th of December to ¥20.00...
Analysis Article • Aug 28

IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

The board of IPS, Inc. ( TSE:4390 ) has announced that it will be paying its dividend of ¥20.00 on the 4th of December...
Analysis Article • Aug 14

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

IPS, Inc. ( TSE:4390 ) has announced that it will be increasing its dividend from last year's comparable payment on the...
Analysis Article • Aug 05

Earnings Working Against IPS, Inc.'s (TSE:4390) Share Price Following 25% Dive

The IPS, Inc. ( TSE:4390 ) share price has fared very poorly over the last month, falling by a substantial 25%. Instead...
Analysis Article • Jul 26

IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

IPS, Inc.'s ( TSE:4390 ) dividend will be increasing from last year's payment of the same period to ¥20.00 on 4th of...
Analysis Article • Jul 12

IPS' (TSE:4390) Shareholders Will Receive A Bigger Dividend Than Last Year

IPS, Inc.'s ( TSE:4390 ) dividend will be increasing from last year's payment of the same period to ¥20.00 on 4th of...
Analysis Article • May 21

IPS' (TSE:4390) Earnings Are Weaker Than They Seem

Unsurprisingly, IPS, Inc.'s ( TSE:4390 ) stock price was strong on the back of its healthy earnings report. However...
Analysis Article • Feb 27

IPS (TSE:4390) Is Due To Pay A Dividend Of ¥17.50

The board of IPS, Inc. ( TSE:4390 ) has announced that it will pay a dividend of ¥17.50 per share on the 28th of June...

Earnings and Revenue Growth Forecasts

TSE:4390 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202929,0005,500N/A7,6031
3/31/202824,5004,700N/A5,8131
3/31/202720,1004,250N/A4,6351
3/31/202616,9994,196-2,4924,585N/A
12/31/202515,7562,848N/AN/AN/A
9/30/202515,3743,190-1,3421,658N/A
6/30/202515,0292,544N/AN/AN/A
3/31/202515,2642,544-1,790704N/A
12/31/202417,0004,309N/AN/AN/A
9/30/202416,6132,842-1,698592N/A
6/30/202415,2952,847N/AN/AN/A
3/31/202414,1172,835-5,198-574N/A
12/31/202311,9001,687N/AN/AN/A
9/30/202311,8111,586-6,560-95N/A
6/30/202312,0021,905N/AN/AN/A
3/31/202312,3462,292-2,6952,636N/A
12/31/202213,0992,490N/AN/AN/A
9/30/202212,4353,0301,6044,852N/A
6/30/202211,5902,697N/AN/AN/A
3/31/202210,7281,8881,0483,580N/A
12/31/20218,6321,336N/AN/AN/A
9/30/202110,2181,6134201,851N/A
6/30/20219,6631,512N/AN/AN/A
3/31/20219,5151,487-1761,636N/A
12/31/20209,0601,223N/AN/AN/A
9/30/20206,720721-1,215782N/A
6/30/20206,744699N/AN/AN/A
3/31/20206,508645-11,038N/A
12/31/20196,350669N/AN/AN/A
9/30/20196,199514N/A828N/A
6/30/20195,970531N/AN/AN/A
3/31/20195,780588N/A397N/A
12/31/20185,636517N/AN/AN/A
3/31/20185,327480N/A829N/A
3/31/20174,160289N/AN/AN/A
3/31/20163,59084N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4390's forecast earnings growth (9.4% per year) is above the savings rate (0.8%).

Earnings vs Market: 4390's earnings (9.4% per year) are forecast to grow slower than the JP market (10.2% per year).

High Growth Earnings: 4390's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4390's revenue (17.8% per year) is forecast to grow faster than the JP market (6.6% per year).

High Growth Revenue: 4390's revenue (17.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4390's Return on Equity is forecast to be low in 3 years time (18.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 00:25
End of Day Share Price 2026/07/13 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IPS, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masatoshi NagataIchiyoshi Research Institute Inc.
Takuma YoshibayashiTokai Tokyo Intelligence Laboratory Co., Ltd.