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.
Katrina Leonoudakis joins SlatorPod to discuss Japanese-to-English cultural context, machine translation in the workflow, and equivalent experience in the video game industry.
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.”
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.
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.
Rozetta calls Machine Translation its “cash cow” as business continues to grow; plans to transition to holding company by September 2021 and make conferencing speech translation tool a core product.
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.
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.
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.
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.
Japanese machine translation (MT) and language service provider (LSP) Rozetta grew 3.2% to USD 19m in the first half, as MT revenues climbed 46%.
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.
Increase in revenues from patent translations fails make up for decline across all other sectors of core Translation Business.
Honyaku Center reports decline in all sectors of core Translation Business, except for Patents. Banks on “active use” of machine translation to grow.
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.
Shares in Japanese language service provider Honyaku Center plummet on declining Q1 2020 sales. Its largest unit, Translation, retreated across all sectors bar Patents.
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.”
The alliance will provide Japanese organizations more cost efficient and environmentally-friendly interpreting solutions
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.
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.
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