Translation questions

Two of my friends and I are thinking about translating some Japanese computer games over into english.

Friend number 1 has a translation program that is actually fairly decent
Friend number 2 can speak Japanese well and will proofread the machine translation
I really have no use but I came up with the idea

My questions are as follows:

1. Is there any such thing as a .fla file that is a text dump for the game(friend with program claims yes)
2. Can one pull out said file without destroying game code?
3. If said file exists, could one run it through a translation program(even if the translation sucks, just as long as you bloody can)
4. If said file exists, can be pulled out, and can be translated, can you stick it back into the game without creating a tidal wave of glitches?

Oy, its alot I know, but we're really hoping we can translate these games.

Jason 425 might know because is plays baseball in Japan, I speak Cryptic language does that help?