Thats exactly what this printer does .... and the best part is it does all this on its own 
Fuji Xerox's Photocopier Translates English to Japanese or Korean
*gizmodo.com/assets/resources/2007/09/Fuji_Xerox_photocopier.jpg
Fuji Xerox has developed a new photocopier that can scan a document written in English and then print a copy of it in Japanese or Korean. The photocopier can also do the reverse -- translating Japanese or Korean to English -- while almost magically maintaining the original layout.
The machine works by networking with a dedicated translation server while simultaneously using various programs to distinguish between actual words and, say, a coffee stain. It's not available for mass-production just yet but the pessimist in me says it'll be more useful for a laugh than an actual translation
Source
Fuji Xerox's Photocopier Translates English to Japanese or Korean
*gizmodo.com/assets/resources/2007/09/Fuji_Xerox_photocopier.jpg
Fuji Xerox has developed a new photocopier that can scan a document written in English and then print a copy of it in Japanese or Korean. The photocopier can also do the reverse -- translating Japanese or Korean to English -- while almost magically maintaining the original layout.
The machine works by networking with a dedicated translation server while simultaneously using various programs to distinguish between actual words and, say, a coffee stain. It's not available for mass-production just yet but the pessimist in me says it'll be more useful for a laugh than an actual translation
Source