Tokyo, Japan - January 25, 2002 - Trend Micro, Inc. (TSE: 4704; Nasdaq: TMIC), a worldwide leader in antivirus and Internet security solutions, today revised its earning projections for the fiscal year ending December 31, 2001, which were announced on August 3, 2001.
(Jan 1, 2001 - Dec 31, 2001)
(in million yen)
Net Sales | Ordinary Income | Net Income | |
Before Revision (A) (Announced on Aug 3, 2001) |
29,000 | 8,200 | 1,800 |
After Revision (B) | 31,320 | 9,680 | 2,510 |
Increase (B-A) | 2,320 | 1,480 | 710 |
Percentage Change (%) | 8% | 18% | 39% |
(Ref.) FY2000 Results | 21,834 | 7,322 | 4,722 |
(Jan 1, 2001 - Dec 31, 2001)
(in million yen)
Net Sales | Ordinary Income | Net Income | |
Before Revision (A) (Announced on Aug 3, 2001) |
14,000 | 3,000 | -2,000 |
After Revision (B) | 18,450 | 7,720 | 520 |
Increase (B-A) | 4,450 | 4,720 | 2,520 |
Percentage Change (%) | 32% | 157% | - |
(Ref.) FY2000 Results | 9,426 | 2,533 | 2,038 |
Trend Micro amended its earning projections due to an unexpected increase in demand for antivirus products in Japan and Europe. In Japan revenue growth from desktop products was stronger than expected, and outside Japan the weak yen improved revenue. Non-consolidated net sales were higher than expected because the royalty rates charged to subsidiaries, which we had anticipated decreasing, remained constant. The company will announce financial results for the fiscal year 2001 on February 7, 2002.
These forward-looking statements include statements regarding our expectations about our earnings for the fiscal year ending December 31,2001. Many important factors could cause our actual results to differ materially from those expressed in our forward-looking statements. These factors include:
Mr. Mahendra Negi
Chief Operating Officer / Chief Financial Officer / IR Officer
Phone: +813-5334-4899
Fax: +813-5334-4874
ir@trendmicro.co.jp
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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