Tokyo, Japan –September 7, 2012 - Trend Micro Incorporated (TSE: 4704), a global cloud security leader, today at a meeting of its Board of Directors determined buying back and cancellation of a part of issued stock acquisition rights.
1. Details of extra-ordinary income related to buying back and cancellation of stock acquisition rights
We expect to gain on reversal of stock option of 3.6 billion yen into extra ordinary income for Q3FY2012 due to withdrawing stock option costs incurred to date with buying back and cancellation of a part of issued stock acquisition rights.
2. Outlook for FY2012
We have already reflected this impact in our forecast for Q3FY2012, which was announced on August 9, 2012.
Note: Dilutive shares and the ratio of those per shares issued
(Before this cancellation) 15,157,600 shares, 10.80%
(After this cancellation) 10,940,500 shares, 7.80%
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