IPS, Inc. reported consolidated earnings results for the second quarter ended September 30, 2020. For the quarter, the company reported net sales of ¥3,373 million against ¥3,161 million a year ago. Operating profit was ¥624 million against ¥546 million a year ago. Ordinary profit was ¥570 million against ¥495 million a year ago. Profit attributable to owners of parent was ¥392 million against ¥316 million a year ago. Basic earnings per share was ¥31.75 against ¥25.80 a year ago. Diluted earnings per share was ¥30.64 against ¥24.75 a year ago.