Honyaku Center (2483) Q3 2026 earnings summary

Executive summary

• Net sales for the nine-month period ended December 31, 2025, were ¥8,101 million, a 2.3% decrease year-over-year, mainly due to a struggling Translation Business despite record-high Interpretation Business sales.

• Operating income declined 10.0% year-over-year to ¥513 million, and net income attributable to shareholders fell 17.5% to ¥345 million, impacted by the absence of a prior-year gain on sale of subsidiaries.

• The business environment is rapidly evolving with the spread of machine translation and generative AI, prompting a focus on AI and data-driven competitiveness.

Financial highlights

• Gross profit for the period was ¥3,860 million, down from ¥3,921 million year-over-year.

• Ordinary income was ¥542 million, a 6.5% decrease year-over-year.

• Net income per share was ¥102.99, compared to ¥125.11 in the prior year.

• Comprehensive income was ¥342 million, down 6.6% year-over-year.

Outlook and guidance

• Full-year forecast for FY ending March 2026 remains unchanged: net sales ¥11,400 million (+1.6%), operating income ¥900 million (+1.0%), net income attributable to shareholders ¥630 million (-12.9%), and net income per share ¥187.81.