Restatement of Report of Earning Results (Consolidated) for Fiscal Year Ending December 31, 2011

Tokyo, Japan –March 29, 2012 - Trend Micro Incorporated (TSE: 4704), a global cloud security leader, today is restating its Report of Earning Results (Consolidated) for Fiscal year Ending December 31, 2011. Revised figures are underlined. 

 Amendment 1: Page.6
1.Qualitative Information on the consolidated Business Results (4) Risk factors

 <As Originally Reported>
DETERIORATION IN OUR RELATIONSHIP WITH SOFTBANK BB CORP. COULD RESULT IN A DECREASE IN SALES OF OUR WIDE RANGE OF PRODUCTS AND SERVICES.
We depend on our relationship with SOFTBANK BB (formerly SOFTBANK COMMERCE CORP.), which has played an instrumental role in the development of our business in Japan. SOFTBANK BB also has close relationships with many resellers and systems integrators through which we sell our wide range of products and services to corporate end users in Japan. An adverse change in our relationship with SOFTBANK BB would result in decreased sales to SOFTBANK BB and could disrupt our relationship with many resellers of our wide range of products and services. This could make it difficult for us to market our wide range of products and services in Japan. Sales to SOFTBANK BB totalled approximately (Yen) 10.4 billion, or 10.9%, of our net sales in fiscal 2009, approximately (Yen) 12.3 billion, or 13.0%, of our net sales in fiscal 2010, and approximately (Yen) 12.5 billion, or 13.0%, of our net sales in fiscal 2011. Because of our dependence on SOFTBANK BB, the price of shares could fall as a result of adverse events affecting SOFTBANK BB, even if the events do not relate directly to us.

 <As Amended >
DETERIORATION IN OUR RELATIONSHIP WITH SOFTBANK BB CORP. COULD RESULT IN A DECREASE IN SALES OF OUR WIDE RANGE OF PRODUCTS AND SERVICES.
We depend on our relationship with SOFTBANK BB (formerly SOFTBANK COMMERCE CORP.), which has played an instrumental role in the development of our business in Japan. SOFTBANK BB also has close relationships with many resellers and systems integrators through which we sell our wide range of products and services to corporate end users in Japan. An adverse change in our relationship with SOFTBANK BB would result in decreased sales to SOFTBANK BB and could disrupt our relationship with many resellers of our wide range of products and services. This could make it difficult for us to market our wide range of products and services in Japan. Sales to SOFTBANK BB totalled approximately (Yen) 10.4 billion, or 10.9%, of our net sales in fiscal 2009, approximately (Yen) 12.3 billion, or 13.0%, of our net sales in fiscal 2010, and approximately (Yen) 12.5 billion, or 13.1%, of our net sales in fiscal 2011. Because of our dependence on SOFTBANK BB, the price of shares could fall as a result of adverse events affecting SOFTBANK BB, even if the events do not relate directly to us.

 Amendment 2: Page.44
4.Consolidated financial statements (8) Notes for Consolidated Financial Statements (Segment Information)
    3 Information of the amount of sales, profit/loss, assets, liabilities and other items by reporting segments

<As Originally Reported>
For the previous fiscal year (from January 1, 2010 to December 31, 2010)

(Millions of yen)

  Japan
North America
Europe
Asia Pacific
Latin America
Total
Sales

(1) Net sales to external customers

(2) Intercompany sales



42,325

12,637



22,726

1,849



18,258

1,085



9,457

9,974



2,623

6



95,391

25,553
Total sales
54,962
24,576
19,343
19,431
2,630
120,944
Operating income/loss by segment
24,755
△1,648
△411
140
790
23,626
Assets by segment
81,476
31,636
23,521
19,395
6,373
162,403
Other items

Depreciation and amortization

Increase in tangible and intangible fixed assets


3,088


3,343


1,407


3,041


447


505


1,062


1,662


10


2


6,015


8,555

 <As Amended >
For the previous fiscal year (from January 1, 2010 to December 31, 2010)

(Millions of yen)

  Japan
North America
Europe
Asia Pacific
Latin America
Total
Sales

(1) Net sales to external customers

(2) Intercompany sales



42,325

12,637



22,726

1,849



18,258

1,085



9,457

9,974



2,623

6



95,391

25,553
Total sales
54,962
24,576
19,343
19,431
2,630
120,944
Operating income/loss by segment
24,755
△1,648
△411
140
790
23,626
Assets by segment
141,364
31,636
23,521
19,395
6,373
222,291
Other items

Depreciation and amortization

Increase in tangible and intangible fixed assets


3,088


3,343


1,407


3,041


447


505


1,062


1,662


10


2


6,015


8,555

Amendment 3: Page.45
4.Consolidated financial statements (8) Notes for Consolidated Financial Statements (Segment Information)
    4 Differences between total amount of reporting segments and the amounts reported in the financial statements,
       and the main elements (the items regarding variances adjustments)

 <As Originally Reported> 

(Millions of yen)

Assets
Previous fiscal year
Current fiscal year
Total amount of reporting segments

Elimination in intersegments transactions
162,403

43,696

217,167

△15,402
Total assets in financial statements
206,099
201,765

<As Amended >

(Millions of yen)

Assets
Previous fiscal year
Current fiscal year
Total amount of reporting segments

Elimination in intersegments transactions
222,291

△16,191

217,167

△15,402
Total assets in financial statements
206,099
201,765

About Trend Micro

Trend Micro Incorporated, a global leader in Internet content security, focuses on securing the exchange of digital information for businesses and consumers. A pioneer and industry vanguard, Trend Micro is advancing integrated threat management technology to protect operational continuity, personal information, and property from malware, spam, data leaks and the newest Web threats. Visit TrendWatch at www.trendmicro.com/go/trendwatch to learn more about the latest threats. Trend Micro's flexible solutions, available in multiple form factors, are supported 24/7 by threat intelligence experts around the globe. Many of these solutions are powered by the Trend Micro™ Smart Protection Network™ infrastructure, a next-generation cloud-client innovation that combines sophisticated cloud-based reputation technology, feedback loops, and the expertise of TrendLabs(SM) researchers to deliver real-time protection from emerging threats. A transnational company, with headquarters in Tokyo, Trend Micro's trusted security solutions are sold through its business partners worldwide. Please visit www.trendmicro.com.