Shares in Japan’s Largest Translation Company Slide on Declining Revenues
Increase in revenues from patent translations fails make up for decline across all other sectors of core Translation Business. Continue reading
Tag: Japan
Honyaku Center Posts Decline in Translation Revenues for H1 FY 2020
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
Japanese Government Eyes USD 19m for Automated Simultaneous Interpretation by 2025
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 Japan’s Largest LSP Plummet on Declining Q1 FY20 Revenues
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
Korea’s Flitto Raises USD 23m in IPO
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
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Interprefy and Simul International Form Strategic Partnership in Japan
The alliance will provide Japanese organizations more cost efficient and environmentally-friendly interpreting solutions Continue reading
Honyaku Shares Fall Despite Record Full-Year Revenues
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
Rozetta’s Market Cap Nears USD 400m as Bet on Machine Translation Pays Off
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
SDI Media Parent Imagica Group Invests in Pixelogic
Japanese media solutions conglomerate and SDI Media parent Imagica Group buys significant minority stake in Pixelogic. Continue reading
IP and Pharma Translations Boost Q3 Results for Japan’s Largest LSP
On the back of a 16.9% growth YOY of its core Translation Business, Honyaku Center posts USD 78.68m in revenues for the first 9 months of its 2019 fiscal year. Continue reading
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Honyaku Center’s 6-Months Revenues Break USD 50m Mark
Japan’s largest language services provider posts double digit revenue growth on the back of 2017 acquisition and a rebound in its Conventions business. Continue reading
Honyaku Center Shares Climb on Full-Year Results
Honyaku Center registers a slight 3.9% increase year-on-year with total revenues of JPY 10.6bn (USD 96.2m), making this fiscal year a record for Japan’s largest LSP. Shares jump on the news,... Continue reading
Inside Japan’s Language Industry: SlatorCon Tokyo Presentations
Slator went big in Japan with SlatorCon Tokyo on Feb 28, 2018. Language industry leaders from Japan and Asia gathered at the hip Trunk Hotel in the heart of Shibuya to get an update on what's... Continue reading
Arrested for Translation: Japan Detains Five Chinese Nationals for Pirate Translation
From cease and desist notices to actual arrests—five Chinese nationals allegedly belonging to a large distributor of illegally Chinese-translated Japanese media have been detained by local police. Continue reading
Quarterly Earnings at Japan’s Largest LSP Honyaku Center Drop 17.5%, Revenues Flat
Revenues flat and earnings down 17.5% in fiscal Q2 at Japan’s largest language service provider Honyaku Center. Translation business posts modest growth while conventions business drops 80%. Continue reading
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