As of May 2025, the following analysts cover Trend Micro:
SMBC Nikko Securities Inc.
Satoru Kikuchi
SBI SECURITIES Co.,Ltd.
Makoto Hatada
CLSA Securities Japan Co., Ltd.
Hideo Noda
Goldman Sachs Japan Co., Ltd.
Chikai Tanaka
JPMorgan Securities Japan Co., Ltd.
Matthew Henderson
Jefferies Japan Limited
Hiroko Sato
Daiwa Securities Capital Markets Co., Ltd.
Makoto Ueno
Mizuho Securities Co., Ltd.
Yusuke Hori
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