Trend Micro Incorporated · TSE:4704

Trend Micro — Q3 2001 Earnings Presentation

15 slides from Trend Micro's earnings presentation, Oct 25, 2001

1. Slide 1: 2001 Q3 Financial Results

   2001 12 3 2001 10 25 MECRG

2. Slide 2: 2

   2

3. Slide 3: 3Q2001 results summary vs 3Q2000

   3 ( ) ( ) 3 3 3Q2001 3Q2000 7,548 5,330 42% 370 203 82% 7,178 5,126 40% 4,512 3,288 37% 2,665 1,838 45% 2,305 1,888 22% 31% 35% ( ) 3

4. Slide 4: 3Q2001 sales vs 3Q2000 by company

   3 ( ) 3 3Q2001 3Q2000 3 ( ) 7,548 5,330 42% 2000 2 7,973 5,330 50% Trend Micro 7,894 5,030 57% ipTrend 79 300 - 74% 2000 2 7,638 5,330 43% Trend Micro 7,559 5,030 50% ipTrend 79 300 - 74% ( ) 4

5. Slide 5: Quarterly sales trend FY2000-FY2001

   ( ) ( ) 8,000 7,548 6,905 7,000 6,626 6,312 6,000 5,339 5,330 5,000 4,260 4,000 3,000 2,000 1,000 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY2000 FY2001 ( ) 5

6. Slide 6: Sales by region, 3Q2000 vs 3Q2001

   ( ) ( ) + 32% 3,000 2,921 + 44% 3Q2000 2,500 2,217 2,197 3Q2001 2,000 + 86% 1,522 1,516 1,500 1,000 816 - 11% + 72% 500 470 443 500 274 0 Japan US Europe Taiwan Others ( ) 6

7. Slide 7: Sales by region (adjusted), 3Q2000 vs 3Q2001

   ( ) 2000 3 ( ) 3,500 3,322 + 50% 3,000 3Q2000 3Q2001 2,500 2,217 + 28% 1,949 2,000 + 73% 1,522 1,419 1,500 1,000 816 -5% + 72% 500 475 472 500 274 0 Japan US Europe Taiwan Others ( ) 7

8. Slide 8: Regional sales mix

   ( ) 3Q2000 3Q2001 5,330 7,548 Others Others Taiwan 5% Taiwan 6% 9% 6% Japan Japan Europe Europe 39% 42% 15% 20% US US 29% 29% ( ) 8

9. Slide 9: Headcount and operating expenses

   ( ) ( ) 1,600 6,000 5,082 1,500 4,226 4,512 5,000 3,649 1,400 4,000 1,300 1,445 3,000 1,390 1,200 1,325 2,000 1,100 1,167 1,000 1,000 0 4Q2000 1Q2001 2Q2001 3Q2001 Headcount Operating expenses ( ) 9

10. Slide 10: Operating expenses 3Q2000 vs 3Q2001

    ( ) ( ) 3,000 + 45% 2,500 425 2,000 + 22% 1,500 2,305 1,000 1,888 500 0 3Q2000 3Q2001 ( ) 10

11. Slide 11: Profit figures

    ( ) ( ) 38 M 82 M 106 M 98 M 200 M 108 M 17 M 2,665 M 2,305 M 2,288 M ( ) 11

12. Slide 12: Balance sheet

    ( ) ( ) 2001 9 2001 6 35,308 + 690 34,618 8,246 + 579 7,667 3,274 + 331 2,943 7,779 + 813 6,966 15,300 - 100 15,400 ( ) 12

13. Slide 13: Peer comparison: Network Associates, Symantec, CheckPoint, ISS

    ( ) 2001 9 ( US$ YoY QoQ QoQ Network Associates 193 -15% 6% 242 14% Symantec 242 7% 6% 234 13% CheckPoint 118 30% -17% 100 -9% ISS 53 3% 3% 48 8% TrendMicro 62 42% 20% 64 12% ( ) 13

14. Slide 14: Outlook

    4 • 3 4 10% ~ 14% • 4 30% ~ 35% ( ) ( ) 14

15. Slide 15: Thank you!

    Thank you! MIFCRG

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