Intelligent Wave Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was JPY 3,158.66 million compared to JPY 3,646.35 million a year ago. Net income was JPY 175.52 million compared to JPY 324.81 million a year ago.

Basic earnings per share from continuing operations was JPY 6.68 compared to JPY 12.36 a year ago.