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Other Disclosures4390IPS,Inc.Information and Communications, Services and Others

Notice Regarding Selection Under a Public Call for Proposals for an International Submarine Cable Landing Station and International Submarine Cable Development Project in Wakayama City, Wakayama Prefecture

The Company and its consolidated subsidiary have been selected under a public call by the Ministry of Internal Affairs and Communications for an international submarine cable landing station and a new international submarine cable construction project in Wakayama City. Going forward, they will proceed with applications for the subsidy, as well as the development of specific details regarding the business plan, investment amount and profitability.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
230
¥100 million scale (total estimated project investment, not the Company's share)
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

International submarine cable landing stationInternational submarine cablesBackhaul connectivityEquipment hosting and other related network services
Applicable field (uses covered by this announcement)

International communications, submarine cables, digital infrastructure, data center connectivity, backhaul, IX, equipment hosting

Relationship between the counterparty and the company
IPS,Inc.4390
Relationship with the Company

The operator selected under the Ministry of Internal Affairs and Communications' public call. The Company coordinates and engages in discussions with Wakayama Prefecture, Wakayama City and others regarding the advancement of the project. 株式会社アイ・ピー・エス・プロ is the Company's consolidated subsidiary.

CounterpartyMinistry of Internal Affairs and Communications, Wakayama Prefecture, Wakayama City, etc. (public call and other stakeholders)

The Ministry of Internal Affairs and Communications is the national government agency promoting the project. Wakayama Prefecture and Wakayama City are local governments in the project area. Details of other potential partners and potential customers are Not disclosed.

Location (as indicated in this announcement)

Wakayama City, Wakayama Prefecture

Impact on Business Performance

No impact on the Company's consolidated results for the fiscal year ending March 2027

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Ministry of Internal Affairs and Communications, “Digital Infrastructure Development Plan 2030”

Announced details
ItemDetails
Names of Products / Services CoveredInternational submarine cable landing station, International submarine cables, Backhaul connectivity, Equipment hosting and other related network services
CounterpartyMinistry of Internal Affairs and Communications, Wakayama Prefecture, Wakayama City, etc. (public call and other stakeholders)
Counterparty overviewThe Ministry of Internal Affairs and Communications is the national government agency promoting the project. Wakayama Prefecture and Wakayama City are local governments in the project area. Details of other potential partners and potential customers are Not disclosed.
Relationship with the CompanyThe operator selected under the Ministry of Internal Affairs and Communications' public call. The Company coordinates and engages in discussions with Wakayama Prefecture, Wakayama City and others regarding the advancement of the project. 株式会社アイ・ピー・エス・プロ is the Company's consolidated subsidiary.
Applicable areaInternational communications, submarine cables, digital infrastructure, data center connectivity, backhaul, IX, equipment hosting
LocationWakayama City, Wakayama Prefecture
Impact on Business PerformanceNo impact on the Company's consolidated results for the fiscal year ending March 2027
SourceMinistry of Internal Affairs and Communications, “Digital Infrastructure Development Plan 2030”
Items this document does not state (10)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage history

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To correct the regional concentration of data centers and international submarine cables and enhance network redundancy, route diversity and disaster resilience. In addition, to develop a new international submarine cable connection hub in the Kansai region and capture demand for related network services.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Selection Under a Public Call for Proposals for an International Submarine Cable Landing Station and International Submarine Cable Development Project in Wakayama City, Wakayama Prefecture | IPS,Inc. (4390) timely disclosure | Komori