TOKYO, May 12 (Pulse News Wire) – HONYAKU Center Inc. (2483.T) revised its medium-term business plan targets for the fiscal years ending March 2026 through March 2028 due to lower-than-expected performance.
At a board meeting held on May 12, the company decided to adjust its consolidated financial goals. In the fiscal year ending March 2026, the company's consolidated revenue declined by 3.0% percent to ¥10.87 billion compared to the previous year. Despite efforts to reduce costs across the group, operating profit fell by 20.7% percent to ¥705 million, ordinary profit dropped by 17.3% percent to ¥748 million, and net profit attributable to parent shareholders decreased by 36.1% percent to ¥462 million.
Based on these results, the company adjusted its medium-term targets as follows: | Fiscal Year Ending | Initial Target | Revised Target | Change | |--------------------|----------------|----------------|--------| | Revenue | 13,000 | 11,700 | -1,300 | | Operating Profit | 1,200 | 900 | -300 | | Net Profit | 800 | 600 | -200 | The return on equity (ROE) target remains unchanged but is expected to temporarily fall below the initial level due to short-term profitability issues. However, the company plans to maintain ROE above capital cost in the long term. Despite the downward revision, HONYAKU Center remains committed to its strategic goal of becoming the most trusted language service partner for customer companies by leveraging expertise in specialized fields and extensive linguistic assets.
The company will continue to focus on key initiatives to adapt to a rapidly changing business environment.
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