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. Continue reading
RWS buys patent translation agency, Horn & Uchida of Japan, for GBP 2.3 million cash consideration. Brokerage firm Berenberg ups RWS’ price target, sees strategy on track. Continue reading
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... Continue reading
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. Continue reading
As machine translation delivers 39% revenue growth in first 9 months of FY 2021, Japan’s Rozetta outgrows declining human-translation business in favor of MT SaaS. Continue reading
Japan’s largest LSP, Honyaku Center, posted revenues of USD 107m in the 12 months ended March 31, 2020. Core translation business slid 4.6% as company describes outlook extremely uncertain. Continue reading
Increase in revenues from patent translations fails make up for decline across all other sectors of core Translation Business. Continue reading
Honyaku Center reports decline in all sectors of core Translation Business, except for Patents. Banks on “active use” of machine translation to grow. Continue reading
Ministry seeks JPY 2bn (USD 19m) in 2020 budget for AI-powered simultaneous interpretation by 2025 World Expo; 2020 Tokyo Olympics chief interpreter discusses progress in interpreting technology. Continue reading
Shares in Japanese language service provider Honyaku Center plummet on declining Q1 2020 sales. Its largest unit, Translation, retreated across all sectors bar Patents. Continue reading
Korean language services and data company Flitto raises USD 23m in IPO on electronic trading platform Kosdaq, Korea’s answer to Nasdaq; CEO heralds “AI boom era.” Continue reading
The alliance will provide Japanese organizations more cost efficient and environmentally-friendly interpreting solutions Continue reading
Japan’s Honyaku Center grows top and bottom line for the third year in a row as revenues reach USD 109.5m and operating income registers at USD 8.2m for the fiscal year 2019. Continue reading
Japanese LSP enters period of “rapid growth” for MT segment. Revenue and operating income up strongly. Shares rally, propelling market cap to nearly USD 400m. Continue reading
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