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To our shareholders and investors,
Ikuo Higashi, President
Honyaku Center Inc.



Business results for 2Q of FY2014


We would like to express our sincere gratitude to all shareholders and investors for their continued warm support and encouragement of the Honyaku Center Group.

On November 13, the Honyaku Center Group announced its business results for the second quarter of the fiscal year through March 2015.

The Group posted net sales of 4,361 million yen for the second-quarter cumulative period of fiscal 2014 (up 4.2% year-on-year), with operating income at 154 million yen (up 5.5%), ordinary income at 157 million (up 10.1%) and net income at 86 million yen (up 23.8%). Net sales and all income categories hit record highs for any first half.
This was due to the strong performance of the translation business, the Group's core business, and the recovery of sales of the temporary staffing business, which had decreased in the first quarter, to almost the same level as in the previous year.

Business results forecast for FY2014
For the fiscal year ending March 2015, the Group projects that it will achieve record highs in net sales, operating income, ordinary income and net income. Specifically, net sales are expected to be 9,400 million yen (up 7.1% year-on-year), operating income is forecast to be 480 million yen (up 31.7%), ordinary income is projected to be 480 million yen (up 33.3%) and net income is estimated to be 270 million yen (up 50.8%). The forecast remains unchanged from the initial projections.

Business tie-up agreement with D-Cubic concluded
Honyaku Center had considered a full-scale entry into the multi-language contact center service, as demand for such service is expected to grow due mainly to increases in foreign residents, workers and tourists in Japan. On August 18, 2014, the Company announced that on the same day it concluded a business alliance agreement with D-Cubic Corporation (headquartered in Shibuya-ku, Tokyo), a provider of multi-language contact center service. With this agreement, the two companies, as strategic partners, will promote the establishment of the infrastructure for languages in Japan to provide the multi-language contact center service by handling the highest level of the number of languages, and to prepare for the Tokyo Olympic and Paralympic Games in 2020.

We consider that the Group's mission is to sincerely acknowledge the language issues facing customers and continue expanding the scope of our language services. For fiscal 2014, the final year of its Second Mid-term Management Plan, the entire Group will do its utmost to achieve record-high earnings results.

We sincerely hope that you have gained an understanding of the Group's businesses and corporate principles, and we humbly ask for your continued support and encouragement going forward.

November 2014

Ikuo Higashi, President


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