Trend Micro Announces Revenue Guidance for the Second Quarter Ending 30 June 2001

Tokyo, Japan - July 6, 2001 - Trend Micro, Inc. (TSE: 4704; Nasdaq: TMICD), a worldwide leader in network antivirus and Internet content security solutions, today announced revenue expectations for the second quarter ending 30 June 2001.

With the recent pre-announcements regarding second quarter earnings from a number of computer security companies, there have been a large number of inquiries as to the second quarter earnings of Trend Micro, Inc. Trend Micro's revenue guidance is intended to provide investors with more visibility into the company's pre-announced consolidated revenues for the second quarter 2001. Complete and final results of Trend Micro's 2001 second quarter earnings will be provided at the company's earnings announcement on 3 Aug 2001.

Table 1 - Based on the new revenue recognition policy

For the quarter ending 30 June 2001
(Billion yen)
YoY growth For the half year ending 30 June 2001
(Billion yen)
YoY growth  
Revenues 6.1 - 6.4 14-20% 12.7 - 13.0 33-36%
Ordinary income margin 7 - 9% - 21 - 22% -


Table 2 - Based on the previous revenue recognition policy (before deferral)

For the quarter ending 30 June 2001
(Billion yen)
YoY growth For the half year ending 30 June 2001
(Billion yen)
YoY growth  
Revenues 6.5 - 6.8 22-27% 13.3- 13.6 39-42%
Ordinary income margin 13 - 14% - 24- 25% -


The above indication is tentative, and is subject to change pending the final audit to be carried out by Trend Micro's auditors later in July 2001.

Numbers, provided above, for the quarter ending 30 June 2001 are for information purposes only and have not been audited or reviewed by Trend Micro's auditors.