Tokyo, Japan – May 12, 2009 – Trend Micro Incorporated (TSE: 4704), a global leader in Internet content security, announced earnings results for the first quarter 2009. For the first quarter, Trend Micro posted consolidated net sales of 22,915 million Yen (or US $244 million, 93.79 JPY = 1USD). The company posted operating income of 7,028 million Yen (or US $74 million) and net income of 4,821 million Yen (or US $51 million) for the quarter. These figures reflect a 5 percent increase in net income compared to the same period a year ago.
Japan region continued to experience flat sales growth as 0 percent compared with the same period last year. Even though sales achieved year-by-year healthy growth in North America, it will eventually be negatively affected by the Japanese Yen by a 4 percent sales revenue decrease. Also, in Europe, the Asia Pacific, and Latin America regions, sales growth ratio were double digit decreased compared to the same period last year mainly due to a foreign currency impact.
“We made some important strategic alliances this quarter that further our ability to bring to market innovative products and solutions,” said Eva Chen, CEO. “The combination of the BigFix Platform with Trend Micro endpoint security functions positions us not only to capture market share from some of our biggest competitors, but to set a new standard for endpoint protection. We also teamed with Cisco to deliver the Home Network Defender, one of the first Internet software security and parental controls solution to be embedded on a wireless home router. Moving forward, we will continue to build upon these relationships to expand our security product offerings.” Based on information currently available to the company, consolidated net sales for the second quarter ending June 30, 2009 is expected to be 23,800 million Yen (or US $250 million, based on an exchange rate of 95 JPY = 1USD). Operating income and net income are expected to be 7,200 million Yen (or US $75 million) and 4,600 million Yen (or US $48 million), respectively.
Growth rate figures are calculated from Japanese Yen results. Some discrepancy may therefore be noted in US Dollar comparisons owing to fluctuations in currency conversion rates.
Corporate
Products
New products Trend Micro introduced during Q1 2009 include the following:
Patents
Trend Micro was awarded the following patents in Q1 2009:
Patent No. US 7,496,960 “Tracking and Reporting of Computer Virus Information.”
New customers for Q1 2009:
In China -- Zhengzhou Yutong Group Co., Ltd. ( Yutong Group) – Manufactory (Bus making); Beijing Yanjing Beer Group Corporation; China CITIC Bank; China Tobacco Hunan Industrial Co., Ltd.; Baosteel Group Corporation (Baosteel)
In Indonesia -- Pamapersada Nusantara
In EMEA – Aloysius; Norgren GmbH
In NABU -- Kennewick School District; Carbon Lehigh Intermediate Unit
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.
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Mr. Mahendra Negi
Chief Operating Officer / Chief Financial Officer / IR Officer
Phone: +813-5334-4899
Fax: +813-5334-4874
ir@trendmicro.co.jp