The following is tabular information for the release, "Trend Micro
Reports Record Third Quarter Revenue", sent earlier today at 1:00
a.m. ET. 1. Consolidated Unaudited Results of Operations for Third
Quarter Ending September 30, 2006 (US GAAP) *Figures for the Third
quarter of 2006 and 2005 are not audited. (1) Consolidated Results
of Operations FY 2006 FY 2005 Current Year-to- Previous Year-to-
third date third date quarter results quarter results From Growth
From Growth From From July 1, Rate January 1, Rate July 1, January
1, 2006 2006 2005 2005 To To To To September September September
September 30,2006 30,2006 30,2005 30,2005 Millions % Millions %
Millions Millions of yen of yen of yen of yen Net sales 21,002 16.8
61,675 17.6 17,975 52,465 Cost of sales * 3,886 41.9 11,391 45.8
2,739 7,816 Operating expenses * 11,005 31.4 30,455 21.7 8,374
25,016 Operating income 6,111 -10.9 19,829 1 6,862 19,633 Other
incomes (expenses) 793 109.7 1,304 41.4 378 923 Net income before
taxes 6,904 -4.6 21,133 2.8 7,240 20,556 Income taxes 3,130 9 9,372
21.3 2,872 7,730 Minority interest in income of consolidated
subsidiaries 0 -321.5 -1 263.3 0 0 Equity in earnings of affiliated
companies 48 178.4 59 20.5 17 49 Net income 3,822 -12.9 11,819 -8.2
4,385 12,875 * In current third quarter, (Yen)1,258 million of
Stock option expense was incurred. Also, in year-to-date results of
FY2006, (Yen)3,737 million of Stock option expense was incurred and
(Yen)1,766 million of one time payment (receipt) related to
intellectual property usage was allocated as reduction of expenses.
(2) Segment information (By region) Net Sales to external customers
FY 2006 FY 2005 Current Year-to- Previous Year-to- third date third
date quarter results quarter results From July From From July From
1, 2006 January 1, 2005 January 1, 1, 2006 2005 To To To To
September September September September 30,2006 30,2006 30,2005
30,2005 Millions Millions Millions Millions of yen of yen of yen of
yen Japan 8,068 24,141 6,942 21,190 North 4,970 13,805 4,182 11,067
America Europe 5,139 15,160 4,391 13,220 Asia 2,178 6,614 1,943
5,708 Pacific Latin 647 1,955 517 1,280 America Total 21,002 61,675
17,975 52,465 Deferred Revenue FY2006 FY2005 As of September As of
September 30,2006 30,2005 Millions of yen Millions of yen Japan
16,638 13,319 North America 12,058 7,282 Europe 9,216 7,321 Asia
Pacific 3,268 2,428 Latin America 1,267 900 Total 42,447 31,250
Classification of countries and regions into each segment. North
America : U.S.A Europe : Italy, Germany, France, UK, Ireland Asia
Pacific : Taiwan, Korea, Australia, Hong Kong, Malaysia, New
Zealand, China, Singapore, Thailand, India Latin America : Brazil,
Mexico (By customer type) Net Sales to external customers FY 2006
FY 2005 Current Year-to-date Previous Year-to-date third quarter
results third quarter results From July 1, From January From July
1, From January 2006 1, 2006 2005 1, 2005 To September To September
To September To September 30,2006 30,2006 30,2005 30,2005 Millions
of Millions of Millions of Millions of yen yen yen yen Enterprise
6,302 17,442 -- -- Small and mid size business 10,032 29,575 -- --
Consumer 4,668 14,658 -- -- Total 21,002 61,675 -- -- Net Sales to
external customers for previous third quarter and year-to-date
results of FY2005 can not be separated by the customer type. (3)
Basis of consolidation The number of consolidated subsidiaries 19
(19 in overseas) The number of unconsolidated subsidiaries -- (4)
Increase (Decrease) of major assets, liabilities and shareholders'
equity As of Increase As of September 30, (Decrease) December 31,
2006 2005 (Assets) Millions of yen Millions of yen Millions of yen
Cash and cash equivalents 66,850 7,237 59,613 Notes and accounts
receivable, trade -less allowance for doubtful accounts and sales
return allowance 15,779 (3,420) 19,199 Marketable securities and
investment securities 39,210 5,655 33,555 Goodwill 2,540 410 2,130
(Liabilities) Deferred revenue (Total of current and long term)
42,447 7,066 35,381 (Minority interest) Minority interest in
consolidated subsidiaries (Shareholders' equity) 6 1 5 Treasury
stock (14,227) (6,944) (7,283) (Note) In order for the warrants to
be granted or transferred to the directors and certain employees of
the Company and the directors and certain employees of an
affiliated company, the Company issued unsecured bonds with
detachable warrants. Under pre-revised section 341-8-4 of the
Japanese Commercial Code, the redemption and retirement of these
bonds are restricted when the total amount of the bonds is less
than the total amount of the issue price of the stocks from
unexecuted warrants. To reduce interest costs, the Company
repurchased some of the issued bonds after warrants were detached.
Based on the above reason, the Company intends to hold the treasury
bonds until they can be retired legally which is substantially the
same as redemption. Thus, bonds and treasury bonds ((Yen)4,000
million as of December 31, 2005) are disclosed in net in the
balance sheet. 2. Projected consolidated earnings for the next
quarter and the whole fiscal year (US GAAP) Net sales Operating Net
income income Millions of Millions of yen Millions of yen yen 4th
Qtr (Oct 1, 2006 through December 31, 2006) 22,800 7,100 3,800
Whole fiscal year (January 1, 2006 through December 31, 2006)
84,475 26,928 15,618 The company expected that (Yen)1,215 millions
and (Yen)4,952 millions of Stock option cost will be incurred as
part of "Cost of sales" and "Operating expense" in the 4th quarter
and for the whole fiscal year, respectively. (Note) If we found
through our calculation conducted from time to time that the net
sales fluctuate from the most recent quarterly projection by more
than 10%, or operating income or net income fluctuates by more than
30%, we will announce the revision of the earnings projection. For
additional Information Mr. Mahendra NegiChief Financial Officer /
IR Officer Phone: +81-3-5334-4899 Fax: +81-3-5334-4874 Email:
DATASOURCE: Trend Micro, Incorporated CONTACT: Mr. Mahendra Negi of
Trend Micro, Inc., +81-3-5334-4899, or fax, +81-3-5334-4874, or Web
site: http://www.trendmicro.com/
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