Honyaku Center Post Modest Growth of 4% in the First Quarter of FY24
Japan’s largest translation and interpreting provider, Honyaku Center, delivered 4% growth in Q1 FY24, and its core patent translation division outperformed, with 14% growth.
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Honyaku Center
Translation and Interpreting Drive Return to Growth for Honyaku Center in FY2023
Japan-listed LSP Honyaku Center reported revenue growth of 5.9% to almost USD 80m in FY2023, as demand for translation and interpreting offset declines in other divisions.
Here are the Best and Worst-Performing, Publicly-Traded LSPs in 2022
Zoo Digital outperforms competitors again. Keywords Studios’ globalization unit strengthens video game localizer’s position. Appen’s stock continues to plunge.
Honyaku Ups FY22 Forecast as Translation, Interpretation Units Outperform
Translation and interpreting demand at Japan’s largest LSP, Honyaku Center, now approaching pre-Covid figures. Slow recovery of in-person activities continues to impact sales.
Undervalued? Japan’s Top Language Service Provider Trades at 5.1x 2023E Earnings
Shares in Tokyo-listed Honyaku Center hold steady following modest growth in Q1 of fiscal year ending March 2023. Core translation business stays strong, interpretation starts to recover.
Honyaku on Slow Road to Recovery as Translation Business Posts Uptick
Japan’s largest LSP, Honyaku Center, starts to bounce back from Covid slump ahead of relaxed border controls starting June 1, 2022. Translation demand reported to be “generally firm.”
Japanese LSP Honyaku Recovers But Full-Year Forecast Still Below 2019 Levels
Japan’s largest LSP, Honyaku Center, posts more than 300% jump in profits for first three quarters of year ending March 2022; expects to close out year with USD 89m in revenues.
The Best and Worst Performing Listed Language Service Providers of 2021
While the overall language industry put in an exceptionally strong year, investors in listed LSPs and companies operating LSP units were handed a decidedly mixed bag in 2021.
Japanese LSP Honyaku Reports Improving Revenues as Japan Eases Restrictions
Honyaku Center, Japan’s largest LSP, continues to post improving numbers. Sales climb in all units but one as the country relaxes Covid measures for business travel and large events.
Honyaku Bounces Back as Japanese Economy Shows Signs of Recovery
Japan’s largest LSP, Honyaku Center, reports overall sales increase in Q1 FY21 on back of core Translation business. Online push drives Interpretation; sales up in all but one unit.
Honyaku Center Continues to Struggle as Re-emerging Covid Slows Opening of Japan
Japan’s largest LSP, Honyaku Center, reports 14% revenue drop for 12 months to March 31, 2021; will onboard efficiency measures, upgrade tools to mitigate decline in Translation and Interpretation units.
Pharma Orders Up in Honyaku’s Core Translation Business; All Other Sectors Decline
Sales in Honyaku Center’s core translation business continue to decline, down 9.5% to USD 50m for 9 months to December 2020, but pharma orders up 2.4% to USD 20m. FY 2020 forecast upgraded to USD 91m.
2020 Performance Ranking and Analysis of Listed Language Service Providers
2020 brought extreme pressure on businesses and listed language service providers (LSPs) were no exception. Which LSPs fared better in 2020 and which suffered most amid Covid-19?
LanguageLine Reports Strong Q3; Honyaku Upgrades H1 Forecast
Interpreting provider LanguageLine Solutions enjoys “robust growth”; while Japan’s largest LSP, Honyaku, forecasts better-than-expected results for first half.
And the best-performing listed LSP so far in 2020 is…
With earnings season for the first half of 2020 behind us, we take a look at how shares in listed language service providers performed year-to-date 2020.
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