Tokyo, Japan – April 27, 2009 - Trend Micro (TSE: 4704; the “Company”), a leader in network antivirus and Internet content security software and services, today announced that the forecast of financial results for the first quarter of fiscal year ending December 31, 2009, which were announced on February 17, 2009, has been revised as set forth below:
(in millions of yen)
|Net Sales||Operating Income||Ordinary Income||Net Income|
|Forecast previously publish (A)||22,500||5,200||5,300||3,200|
|Revision made (B)||22,900||7,000||7,900||4,800|
|Ratio of increase or decrease||+1.8%||+34.6%||+49.1%||+50.0%|
Net revenue remains as per our original projection, but due to the foreign exchange impact, a little additional revenue will be expected.
On the other hand, almost all of costs including labor cost are now forecasted to be much lower than we expected. Also, in terms of non-operating income, unexpected foreign exchange gain of around 800 million yen will be booked. Because of the above reason, we are revising upwards our earnings forecast for Net Sales, Operating income, Ordinary income and Net income.
In summary, as a result of this revision, compared to the first quarter forecast previously published, Net Sales, Operating income, Ordinary income and Net income are expected to increase by 1.8%, .34.6%, 49.1% and 50.0% 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 U.S. Securities and Exchange Commission.
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.
Additional information about Trend Micro Incorporated and the products and services are available at Trend Micro.com This Trend Micro news release and other announcements are available at http://trendmicro.mediaroom.com/ and as part of an RSS feed at www.trendmicro.com/rss Or follow our news on Twitter at @TrendMicro.
Mr. Mahendra Negi
Chief Operating Officer / Chief Financial Officer / IR Officer