Slide 1: 2001 2001
2001 12 2 2001 8 3 1
Slide 2: 2
2
Slide 3: 2001 2001
2 2001 2001 6 3
Slide 4: Q2 2001 results summary
( 2 ) ( ) 2001 2000 3 2 2 6,312 5,339 18% 336 413 - 19% 5,976 4,926 21% 5,082 3,236 57% 893 1,689 - 47% 751 1,447 - 48% 12% 27% ( ) 4
Slide 5: Q2 results comparison
( 2 ) 2001 2000 3 2 2 ( ) 6,312 5,339 18% 2000 2 6,583 5,340 23% 6,376 5,049 26% 206 289 - 29% 2000 2 6,261 5,339 17% 6,054 5,049 20% 206 289 - 29% ( ) 5
Slide 6: Q2 sales by region
( 2 ) ( ) 2,500 + 22% + 1% 2,014 2Q2000 2,000 1,858 1,868 + 35% 2Q2001 1,645 1,456 1,500 1,077 1,000 + 13% + 52% 469 531 443 500 291 0 Japan US Europe Taiwan Others ( ) 6
Slide 7: Q2 sales by region (currency adjusted)
( 2 ) ( ) 2,500 + 16% 2,171 + 7% 2Q2000 2,000 1,868 1,758 2Q2001 + 30% 1,645 1,500 1,405 1,077 1,000 + 4% + 50% 469 489 436 500 291 0 Japan US Europe Taiwan Others ( ) 7
Slide 8: Q2 sales mix by region
( 2 ) 2000 2 2001 2 5,340 6,313 Others Others Taiwan 5% Taiwan 7% 9% 8% Japan Japan 30% Europe 35% Europe 20% 23% US US 31% 32% ( ) 8
Slide 9: Quarterly trend
( ) 8,000 + 49% 6,000 3,009 + 81% 4,000 1,470 + 24% + 23% 2,000 3,957 3,216 2,590 0 Dec-2000 Mar-2001 Jun-2001 ( ) 9
Slide 10: Q2 profit comparison
( 2 ) ( ) 1,600 1,400 - 29% 1,200 1,000 - 48% 270 800 1,447 600 400 751 200 0 2Q2000 2Q2001 ( ) 10
Slide 11: IOS
2 3 ( ) 4 4 IOS 5 73 63 2 2 2001 ( ) 11
Slide 12: 2001 2001
2001 2001 6 12
Slide 13: 1H 2001 results summary
( ) ( ) 2001 2000 6 12,939 9,600 35% 732 603 21% 12,207 8,996 36% 9,308 5,979 56% 2,898 3,016 - 4% 3,004 2,972 1% 23% 31% ( ) - 1,376 2,474 - 156% ( ) 13
Slide 14: 1H results comparison
( ) 2001 2000 6 ( ) 12,939 9,600 35% 2000 13,432 9,600 40% 12,927 8,974 44% 505 626 - 19% 2000 12,809 9,600 33% 12,304 8,974 37% 505 626 - 19% ( ) 14
Slide 15: Trend Micro and ipTrend 1H sales
( ) ( ) 14,000 12,434 Trend Micro 12,000 ipTrend 10,000 8,974 39% (1H97 - 1H01) 40% 8,000 59% 5,631 6,000 4,710 20% 4,000 3,242 45% 2,000 626 505 0 1H1997 1H1998 1H1999 1H2000 1H2001 ( ) 15
Slide 16: 1H sales by region
( ) ( ) 5,000 + 23% 4,487 + 45% 4,017 1H2000 4,000 3,655 1H2001 + 50% 3,000 2,778 2,796 2,000 1,870 + 6% + 63% 1,000 832 883 753 463 0 Japan US Europe Taiwan Others ( ) 16
Slide 17: 1H sales by region (currency adjusted)
( ) ( ) + 38% 5,033 5,000 1H2000 + 28% 4,000 1H2001 3,655 3,554 + 43% 2,778 2,682 3,000 2,000 1,870 - 4% + 60% 832 796 743 1,000 463 0 Japan US Europe Taiwan Others ( ) 17
Slide 18: 1H sales mix by region
( ) 2000 2001 9,600 12,939 Others Others Taiwan 5% Taiwan 6% 9% 7% Japan Japan Europe 38% Europe 35% 19% 22% US US 29% 31% ( ) 18
Slide 19: 1H sales by sales channel
( ) ( ) 14,000 1H2000 1H2001 12,000 ipTrend 7% 4% 10,000 IOS 4% 0% OEM 1% 1% 8,000 Retail package 9% 12% 6,000 Site license 80% 83% 4,000 Total 100% 100% 2,000 0 1H2000 1H2001 ( ) 19
Slide 20: 1H sales by product
( ) 14,000 1H2000 1H2001 12,000 ipTrend 7% 4% IOS 4% 0% 10,000 Gateway & 43% 43% 8,000 Groupware LAN 11% 12% 6,000 Desktop and 36% 42% others 4,000 Total 100% 100% 2,000 0 1H2000 1H2001 ( ) 20
Slide 21: Margin and ratio trends
( ) 100% 40% 96% 95% 35% 94% 32% 31% 94% 94% 90% 30% 85% 25% 21% 22% 80% 20% 75% 15% 70% 10% 1H1998 1H1999 1H2000 1H2001 1H1998 1H1999 1H2000 1H2001 ( ) 21
Slide 22: 1H operating expenses
( ) ** ( ) 10,000 1,571 8,000 1,641 R&D 6,000 Marketing 1,122 2,683 Sales 4,000 1,224 Support 1,586 1,038 Others 2,000 480 2,375 1,568 0 1H2000 1H2001 ( ) ** 22
Slide 23: Q2 expense breakdown
( ) 2000 12 2001 6 1,167 1,390 Sales, Others Sales, Others 188 Marketing 180 Marketing Technical Technical 444 Support 404 Support + 223 269 219 (+ 19%) Research, Research, Development Development 364 489 23
Slide 24: 1H operating income trend
( ) ( ) 3,500 3,016 2,898 3,000 2,500 1,813 2,000 1,500 1,005 994 1,000 500 0 1H1997 1H1998 1H1999 1H2000 1H2001 ( ) 24
Slide 25: ( ) M M M M M M
( ) 19 M 135 M 307 M 104 M 202 M 183 M 2,898 M 3,004 M ( ) 25
Slide 26: ( ) 3,004 M 3,009 M 2,000 M - 2,124 M M ( )
( ) 3,004 M 3,009 M 2,000 M - 2,124 M 119 M ( ) 26
Slide 27: Full-year forecast
( ) 2001 6 2000 6 53,413 + 15,737 37,675 34,618 + 13,716 20,901 7,667 + 435 7,232 0 - 2,324 2,324 2,798 + 1,986 811 0 - 1,346 1,345 2,943 + 2,677 266 ( ) 27
Slide 28: Forecast details
( ) 2001 6 2000 6 26,498 + 10,403 16,094 476 - 404 880 6,966 + 5,241 1,725 15,400 + 4,700 10,700 26,914 + 5,475 21,439 6,799 + 1,181 5,618 11,401 + 2,241 9,159 8,180 + 871 7,308 ( ) 28
Slide 29: Outlook
3 • 2 3 15% ~ 20% • 3 25% ~ 27% ( ) ( ) 29
Slide 30: 2001 ( ) 29,000 30,000 8,200 10,000 1,800 4,800 IT - -
2001 12 ( ) 29,000 30,000 8,200 10,000 1,800 4,800 IT - - ( ) 30
Slide 31: Thank you!
Thank you! TREND MIERO