Tokyo, Japan – July 14, 2005 - Trend Micro (TSE: 4704; Nasdaq: TMIC), a leader in network antivirus and Internet content security software and services, today announced that the forecast of financial results for the second quarter of the fiscal year ending December 31, 2005, which were announced on April 21, 2005, has been revised as set forth below:
(April 1, 2005 to June 30, 2005)
(in millions of yen)
|Net Sales||Operating Income||Net Income|
|Forecast previously published ( A )||17,500||7,000||4,200|
|Revision made ( B )||17,000||5,500||3,500|
|Ratio of increase or decrease||-2.9%||-21.4%||-16.7%|
The Company has considered the effect of the April 23rd virus pattern file incident on SGA and sales of the Company's products in Japan and has made downward revisions on its projections. The cost effect of this incident is 903 million yen as of the end of June.
As a result of this revision, compared to the previous forecast, there is a decrease of 2.9% in Net Sales and a decrease of 21.4% and 16.7% in Operating Income and Net Income, respectively.
Certain statements that we make in this release are forward-looking statements. These forward-looking statements are based upon management’s current assumptions and beliefs in light of the information currently available to it, but involve known and unknown risks and uncertainties.
Many important factors could cause our actual results to differ materially from those expressed in our forward-looking statements. These factors include:
We assume no obligation to update any forward-looking statements.
For more details regarding risk factors relating to our future performance, please refer to our filings with the SEC.
Trend Micro Incorporated (TSE: 4704), a global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the Trend Micro™ Smart Protection Network™ cloud security infrastructure, our industry-leading cloud-computing security technology, products and services stop threats where they emerge, on the Internet, and are supported by 1,000+ threat intelligence experts around the globe.
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