TOKYO, June 08 (Pulse News Wire) – Ips,inc. (4390.T) reported today that a magnitude earthquake off the coast of Mindanao Island in the Philippines had minimal impact on its operations.
The company extends condolences to those affected by the disaster and confirms there are no reports of employee casualties. A temporary service disruption due to power outage at one communication network site was resolved without significant damage.
Construction of the Baler landing station also remains unaffected by potential tsunami impacts. Regarding the potential effects on performance, IPS stated that while the immediate impact is considered minor, the company will promptly update stakeholders should any major developments arise.
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