Tokyo, Japan - August 4, 2010 - 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 second quarter of fiscal year ending December 31, 2010, which were announced on May 11, 2010, has been revised as set forth below:
(April 1, 2010 to June 30, 2010)
|Net Sales||Operating Income||Ordinary Income||Net Income|
|Forecast previously publish（A）||24,000||6,300||6,500||3,900|
|Ratio of increase or decrease||-2.5%||-12.7%||-12.3%||-17.9%|
The rebate (a deduction item from sales) for consumer business in Japan is now forecasted to be much higher than we expected, and also net sales in other foreign regions are expected to be slightly lower. The net impact is likely to reduce the net sales forecast by 600 million yen.
At the same time, we expect that the costs will be in line with our original forecasts, and software depreciation is expected to be slightly higher than our expectations - The total costs in the quarter are thus likely to exceed the original projection by 200 Mn Yen.
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 decrease by 2.5%, 12.7%, 12.3% and 17.9% 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:
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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Mr. Mahendra Negi
Chief Operating Officer / Chief Financial Officer / IR Officer