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Financial Analyst Coverage

As of June 2014, the following analysts cover Trend Micro:

SMBC Nikko Securities Inc. Satoru Kikuchi
SMBC FRIEND RESEARCH CENTER LTD. Naoki Yokota
CLSA Ed Maguire
Citi Investment Research & Analysis Soichiro Fukuda
Jefferies Japan Limited Hiroko Sato
Daiwa Securities Capital Markets Co.Ltd. Makoto Ueno
NOMURA SECURITIES CO., LTD. Chikai Tanaka
Mizuho Securities Co., Ltd. Yusuke Hori
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Hideaki Tanaka
Merrill Lynch Japan Securities Co., Ltd. Yasuhiro Eguchi
Morgan Stanley MUFG Securities Co., Ltd. Masaharu Miyachi
UBS Securities Japan Limited Ltd. Sumito Takeda

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