Slides
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1 | ©2025 Trend Micro Inc. Trend, AI-nize Eva Chen Trend Micro
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2 | ©2025 Trend Micro Inc. Uncertainty Certainty Continued Investment in AI IDC forecast $623B spending in 2028 29% growth annually from 2024 to 2028 Tariff Geopolitical Conflicts … What’s Happening?
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3 | ©2024 Trend Micro Inc. Cross the Curve ARR & NRR in motion.
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4 | ©2023 Trend Micro Inc. *ARR stands for Annual Recurring Revenue. (USD) 4 Types of ARR (1.6B in Q2 2025)
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5 | ©2023 Trend Micro Inc. Commercial NRR Over 140% *NRR stands for Net Revenue Retention *NRR is not applicable to the consumer business; therefore, consumer data is excluded from the NRR calculation.
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6 | ©2023 Trend Micro Inc. Large Enterprise ARR 2X YoY Growth (USD) *Large Enterprise refers to customers with 500 or more employees 94%↑
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7 | ©2023 Trend Micro Inc. Large Enterprise NRR Over 140% *Large Enterprise refers to customers with 500 or more employees
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8 | ©2023 Trend Micro Inc. Small Enterprise ARR Growing * Small Enterprise refers to customers with fewer than 500 employees 148%↑
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9 | ©2023 Trend Micro Inc. Small Enterprise NRR Over 120% * Small Enterprise refers to customers with fewer than 500 employees
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10 | ©2025 Trend Micro Inc. Legacy SaaS Console Retirement 54% of A1SaaS customers updated 76% of C1WS customers updated 64% of CAS customers updated 62% of TMES customers updated Learning • No major churn • Higher retention rate • Higher ARR • Increased customer value Roadmap Stage 0: New Legacy SaaS SKU EOS Stage 1: Console retirement Stage 2: Renew Legacy SaaS SKU EOS Stage 3: Legacy SaaS EOL * Europe Initiative
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11 | ©2024 Trend Micro Inc. Security & AI Proactive Security Starts Here.
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©2025 Trend Micro Inc. AI Security – Fully GPU Accelerated Ready for Sales in 2H
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13 | ©2023 Trend Micro Inc.
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14 | ©2025 Trend Micro Inc. Trend Vision One Agentic AI Cybersecurity Platform Contextual Intelligence Layer (Digital Twin) Data Lake Trend Cybertron Endpoint Cloud Network Email Identity Third-Party + More SIEM CRQ XDR … Data layer Intelligence layer Agentic layer AI for Security Renovate V1 to become an Agentic AI Cybersecurity Platform
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15 | ©2025 Trend Micro Inc. Galaxy View of Your Digital World Data Flow View System/Service View Geography View Cloud Topology View Social Network View Entitlement View Network View Business View Overview
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16 | ©2025 Trend Micro Inc. Example application of Agentic AI Platform Adversarial Exposure Validation A u t o n o m o u s V i r t u a l R e d / B l u e Te a m i n g t o C o n t i n u o u s l y V a l i d a t e R i s k s Adjudicator - decides if attack/defense successful AI Agent– White Team AI Agent – Red Team Uses Threat Intelligence Agent to conduct attacks in Digital Twin (thinks like real attacker) AI Agent – Blue Team Detects and Uses Trend Product Intelligence to plan defence in Digital Twin Supplies a fresh sandbox for every game projected from the baseline 3 roles: Red, Blue, White
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17 | ©2025 Trend Micro Inc. Launching August 1st Agentic SIEM
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18 | ©2025 Trend Micro Inc. Unlock UNLIMITED 3rd-Party Data Source Support Add a New Data Source within 3 hours in 2026 (within 3 days in 2025) Support 900+ Data Sources, since August 1st
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19 | ©2025 Trend Micro Inc. Agentic SIEM Experience
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20 | ©2025 Trend Micro Inc. Accelerating Operations with AI Trend AI-nize,
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21 | ©2025 Trend Micro Inc. 21 | ©2025 Trend Micro Inc. Coding Acceleration 55% of fresh code is powered by AI
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22 | ©2025 Trend Micro Inc. 22 | ©2025 Trend Micro Inc. Transforming Legacy Code with AI Transform 20+ years of complex code into simple, visual logic by AI
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23 | ©2025 Trend Micro Inc. 23 | ©2025 Trend Micro Inc. AI-Enhanced Customer Support - Consumer Total Customer Case ~60% total case deflection Before AI (2023): ~52,000 cases/month After AI (2025): ~22,000 cases/month AI Chatbot Resolution Rate
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24 | ©2025 Trend Micro Inc. 24 | ©2025 Trend Micro Inc. 43% % total case deflection Before AI(2023) ~9,800 cases/month After AI(2025) ~5,600 cases/month Advanced Solutions In progress 2025 • 30% assisted by Companion XL • 10% Auto Reply • 150+ / month AI Generated Knowledge Articles • Web Case AI Recommendation • Trend Companion (Chatbot) Basic Solutions AI-Enhanced Customer Support - Commercial
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25 | ©2025 Trend Micro Inc. Beyond Structure, toward Flow AI breaks the silo
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26 | ©2025 Trend Micro Inc. ©2025 Trend Micro Inc. Commercial Business Commercial Tech Team DevOps Platform Support Global Consumer Business Engineering Group IS Commercial Field Marketing AI Tell How We work From Kudos 1. Collaboration/Transparency ↑ 2. Technical Contributions ↑ 3. Open Feedback Culture ↑
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27 | ©2025 Trend Micro Inc. Trend, AI-nize
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Trend Micro FY2025 Q2 Results Mahendra Negi CFO, Representative Director August 7, 2025
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2 | Copyright © 2025 Trend Micro Incorporated. All rights reserved. Certain Statements that we make in this presentation 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: ⚫ difficulties in addressing new virus and other computer security problems; ⚫ timing of new product introductions and lack of market acceptance for our new products; ⚫ the level of continuing demand for , and timing of sales of , our existing products; ⚫ rapid technological change within the anti-virus software industry; ⚫ changes in customer needs for anti-virus software; ⚫ existing products and new product introductions by our competitors and the pricing of those products; ⚫ declining prices for our products and services; ⚫ the effect of future acquisitions on our financial condition and results of operations; ⚫ the effect of adverse economic trends on our principal markets; ⚫ the effect of foreign exchange fluctuations on our results of operations; ⚫ an increase in the incidence of product returns; ⚫ the potential lack of attractive investment targets; and ⚫ difficulties in successfully executing our investment strategy. We assume no obligation to update any forward-looking statements. Forward Looking Statements
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FY2025.Q2 Financial Highlight (Second quarter ended Jun 30, 2025)
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66,407 13,465 52,941 68,603 56,294 12,308 - 3% - 6% + 9%(18%) 2Q20252Q2024 5,4787,141 - 23% 9,06612,707 - 29% Three months ended Jun 30, Q2 Consolidated Results Net sales Total Operating expenses Net income attributable to owners of the parent Ordinary income (Margin)Operating income (in million Yen) YoY growth 69,296 65,101 - 6%Pre-GAAP (Non-GAAP) 4 13,001 12,160 - 6% (20%) (unaudited) Pre-GAAP based Operating Income
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5 Net sales & Pre - GAAP growth trend (on a constant currency basis) (unaudited) (Non-GAAP) 1% 4% -10% -2% -1% -6% Total Enterprise Consumer Net Sales Pre-GAAP
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Progress ( 6 months ) 6 (in million Yen) 65,931 134,534 202,658 272,638 67,501 133,909 288,600 0 50,000 100,000 150,000 200,000 250,000 300,000 Q1 Q2 Q3 Q4 FY2024 FY2025 Revenue (Progress of Forecast: 46%) 12,127 24,436 39,237 48,105 15,006 28,472 60,300 0 10,000 20,000 30,000 40,000 50,000 60,000 Q1 Q2 Q3 Q4 FY2024 FY2025 Operating Income (Progress of Forecast: 47%) Operating Income (Progress of FY2024Act: 49%) (Forecast) (Forecast) (Progress of FY2024Act: 51%)
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65,456 69,296 65,108 102,307 60,499 65,101 53,803 56,294 53,322 61,111 52,495 52,941 18% 19% 18% 40% 13% 19% 10% 15% 20% 25% 30% 35% 40% 45% 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 110,000 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Pre-GAAP Total Costs Pre-GAAP Margin * “Total costs” means COGS + SGA. (Non-GAAP) Pre - GAAP ⅴ s Total Costs (Non-GAAP) * “Total costs” means COGS + SGA. (in million Yen) (unaudited) 7
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(USD) Enterprise ARR (Non-GAAP) 8 (unaudited) *ARR at constant currency: (1USD= 153.77yen as the company internal budget exchange rate for FY2025). Non-GAAP and reference for internal management. Therefore, they may be subject to so changes hereafter.
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(unaudited) Cash flows (in million Yen) 9 187,987159,534Cash and cash equivalents at end of this quarter period + 18% Cash flows from operating activities 6,708 2,679Cash flows from investing activities 2,356- 29,227Cash flows from financing activities 1,1015,549 Effect of exchange rate changes on cash and cash equivalents 26,433- 9,587Net increase (decrease) in cash and cash equivalents 161,554169,122Cash and cash equivalents at beginning of this quarter period --Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation 2Q20252Q2024 11,410 16,267 - - - 4% - 80% - + 150% + 43% YoY growth
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Headcount 10 - 6 (- 0%) Jun - 2025 6,813 Sales, Marketing, 2,392 Research, Development, 2,288 Technical Support, 1,414 Admin, Business Process, 719 APAC,MEA, 3,630 Americas, 1,535 Europe, 868 Japan, 780 Mar - 2025 6,819 Sales, Marketing, 2,349 Research, Development, 2,286 Technical Support, 1,473 Admin, Business Process, 711 APAC,MEA, 3,655 Americas, 1,523 Europe, 852 Japan, 789
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24,891 26,842 23,884 29,323 24,907 24,606 2,087 2,041 1,999 1,967 1,905 1,844 5,851 5,657 5,335 5,951 5,143 5,032 7,734 7,877 6,601 6,361 6,887 6,750 3,935 3,141 3,378 3,517 2,872 3,133 4,435 5,654 5,249 8,162 4,573 5,750 1,968 1,770 3,219 1,410 3,421 1,640 2,899 3,309 3,654 4,417 2,782 4,184 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 55,000 60,000 65,000 1Q2024 2Q2024 3Q2024 4Q2024 1Q2025 2Q2025 Salary & Benefit Office Overhead Outside Service Cloud Administration Selling & Marketing Stock Options / Acquisiton Related Costs Goods/Software Amortization & Capitalization Stock options / Acquisition Related Costs Salary & Benefit Outside Service Administration Selling & Marketing Goods / Software Amortization & Capitalization Office Overhead Cloud (Non-GAAP)(in million Yen) Cost (unaudited) 11 ・Of 3.3 bn JPY YoY decrease, estimated impact of yen appreciation, about 2.2 bn JPY.
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Q2 Highlights 12 • Healthy growth of Japan Enterprise business • Operating margins continue to improve
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FY2025 Guidance
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・ The uncertainty in the macro environment has increased resulting in longer deal cycles / postponement of projects. ・ Japanese Yen has strengthened against the USD. (Expected exchange rates for the 2nd half: 1 USD=154 Yen to 147 Yen, 1 EUR=161 Yen to 172 Yen) ・ Regional growth is now expected to be as - Americas decreases by a mid single-digit YoY, Japan, AMEA and Europe increases by a low single-digit YoY respectively. ・ Increase in non-operating losses mainly due to foreign exchange valuation losses. ・ No other major extraordinary profit/loss items are expected. Revision of the forecast announced on Aug. 7, 2025 14
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Net Sales Operating Income Net Income attributable to owners of the parent 274,000 53,600 30,200 Jan - Dec, 2025 Projection for FY2025 Annual (Revised on Aug. 7th) For FY2025 Expected YoY growth + 0% (in million Yen) + 11% - 12% Ordinary Income 45,000 - 15% Net Sales + 1% (Non-GAAP) In case of excluding a foreign exchange impact (a rule of thumb) 15 (Estimated second half exchange rate 1USD=147 yen, 1EUR=172 yen) “Reference” actual exchange rate up to Q2: 1USD=149 yen, 1EUR=162 yen (before: 38,900, -8,700) (before: +9%)(before: 57,600, -12,600) (before: 60,300 “21%”, -6,700) (before: +25%) (before: +13%) (before: 288,600, -14,600) (before: +6%) (before: +6%) “Margin” “20%”
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Appendix for FY202 5 .Q 2
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Three months ended Jun 30, 2Q20252Q2024 YoY change (Non-GAAP) (in thousand USD) (unaudited) Q2 USD based Results (Non - GAAP) For each of the quarters shown in the table above, JPY Japan GAAP amounts have been converted to USD amounts using the exchange rates of USD=155.91 JPY for 2Q2024 and 1 USD =144.61 JPY for 2Q2025, respectively, which are the respective weighted average exchange rates used to convert USD net sales to JPY for these quarters. + 4% 459,215 258,771 93,118 107,324 440,017 105,780 255,289 78,947 + 1% + 1% + 18% Net sales Cost of sales Operating expenses Operating income Net Income attributable to owners of the parent 37,88145,803 - 17% 62,69481,507 - 23%Ordinary income 17
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21,295 14,899 14,882 17,526 21,822 12,852 14,771 16,961 0 5,000 10,000 15,000 20,000 25,000 Japan Americas Europe APAC, MEA 2024Q2 2025Q2 + 2% - 14% - 1% - 3% (unaudited) Net Sales Growth by Region 18 (in million Yen)
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21,295 14,899 14,882 17,526 21,822 14,133 15,139 18,250 0 5,000 10,000 15,000 20,000 25,000 Japan Americas Europe APAC, MEA 2024Q2 2025Q2+ 2% - 5% + 2% + 4% (+ 1,280) (+ 368) (+ 1,289) (0) Net Sales Growth by Region If currency exchange rates used for 2Q2024 were used for 2Q2025: (unaudited)(in million Yen) 19(Non-GAAP) * ( ) : difference from GAAP base
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68,603 724 526 257 766 2,938 66,407 Japan Americas 2025Q2 Net sales APAC, MEA Europe Exchange impact 2024Q2 Net sales Decomposition of Revenue (vs. last year ) 20 (unaudited)(in million Yen) (Non-GAAP)
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Constant currency Revenue growth (Non-GAAP) (unaudited) • Each growth rate shown above is based on applying to each quarter the same currency rate as the previous year for the same period (YoY) 21
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11,724 11,553 14,647 16,050 10,097 1,298 124 910 0 5,000 10,000 15,000 20,000 25,000 Japan Americas Europe APAC, MEA Consumer Enterprise Growth rate (YoY) - 11% - 1% + 5% - 1% - 37% - 10% - 36% + 0% - 41% - 0% Confidential | Copyright 2012 Trend Micro Inc. “Notice” As Sales by Segment numbers are just for internal use, they may be subject to some changes hereafter. 22 (in million Yen) (Non-GAAP) (unaudited) Sales by Segment
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% share by region 23 2Q2025 66,407 million Yen 2Q2024 68,603 million Yen Japan 33% Americas 19% Europe 22% APAC,MEA 26% Japan 31% Americas 22% Europe 22% APAC,MEA 26%
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20,284 16,032 14,359 18,619 20,563 12,510 14,031 17,996 0 5,000 10,000 15,000 20,000 25,000 Japan Americas Europe APAC, MEA 2024Q2 2025Q2+ 1% - 22% - 2% - 3% Confidential | Copyright 2012 Trend Micro Inc. (in million Yen) “For reference” Pre - GAAP (Revenue before adjusting Deferred revenue) “Notice” Pre-GAAP means Revenue before adjusting deferred revenue and sales return allowance. As these numbers are just for internal use, they may be subject to some changes hereafter. 24 (Non-GAAP) (unaudited)
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20,284 16,032 14,359 18,619 20,563 13,771 14,364 19,404 0 5,000 10,000 15,000 20,000 25,000 Japan Americas Europe APAC, MEA 2024Q2 2025Q2+ 1% - 14% + 0% + 4% Confidential | Copyright 2012 Trend Micro Inc. (in million Yen) “For reference” Pre - GAAP (Revenue before adjusting Deferred revenue) (unaudited) “Notice” Pre-GAAP means Revenue before adjusting deferred revenue and sales return allowance. As these numbers are just for internal use, they may be subject to some changes hereafter. (Non-GAAP) 25 If currency exchange rates used for 2Q2024 were used for 2Q2025:
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0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 110,000 Total Pre-GAAP Trailing 4-quarter moving average (in million Yen) “For reference” Pre - GAAP recent 4 - quarter moving average trend ※ Based on the Yen rate applied at the time of each quarter financial results. (Non-GAAP) 26
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195,225 203,061 202,356 211,532 217,014 218,013 200,337 221,386 210,643 214,473 110,000 130,000 150,000 170,000 190,000 210,000 230,000 Mar-'23 Jun-'23 Sep-'23 Dec-'23 Mar-'24 Jun-'24 Sep-'24 Dec-'24 Mar-'25 Jun-'25 0 (in million Yen) Deferred Revenue 27 (unaudited) 0
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65,188 29,548 46,469 69,436 63,764 28,536 50,188 71,983 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Japan Americas Europe APAC, MEA 2025Q1 2025Q2 - 2% - 3% + 8% + 4% (Non-GAAP)(Non-GAAP) Deferred Revenue by Region (in million Yen) (unaudited) 28
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65,188 29,548 46,469 69,436 63,764 28,883 47,936 71,177 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Japan Americas Europe APAC, MEA 2025Q1 2025Q2- 2% - 2% + 3% + 3% (0) (+ 347) (- 2,251) (- 806) (Non-GAAP) If currency exchange rates used as of the end of 1Q2025 were used as of the end of 2Q2025: (in million Yen) (unaudited) Deferred Revenue by Region 29 * ( ) : difference from GAAP base
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13,465 774 58 5,171 51 10 9,066 9,066 Non - operating & Extra - ordinary Items (unaudited) Operating Income 30 Other expenses Ordinary Income (in million Yen) Other incomes Exchange lossInterest income Equity in losses of affiliated companies Income before income taxes
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Balance Sheet 165,974 53,504 210,643 34,457 49,075 Assets Cash & cash equivalents Account receivable (less allowance for doubtful accounts) Marketable securities & Securities investments Liabilities Deferred revenue Shareholders’ Equity Common Stock & Additional paid in capital changeMar-2025 Jun-2025 - 2,655 + 29,495 - 14,027 195,469 50,849 +3,830 214,473 20,430 - 136 (unaudited) (in million Yen) 31 18,384Software - 660 17,724 48,939 9,006Retained earnings (less Treasury Stock) +8,779 17,785
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FY2025 6months Financial Highlight (January ~ June, 2025)
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33 133,909 28,472 105,436 134,534 110,098 24,436 + 0% - 4% + 17% ( 21%)( 18%) 2025(1-2Q)2024(1-2Q) 21,47526,371 - 20% (49%) (51%) (52%) (46%) (37%) (47%) (50%) 14,33617,895 - 19% (37%) Consolidated Results (6 months) Total Operating expenses Net sales Operating income (Margin) Ordinary income 6 months ended Jun 30, (Progress vs. last year’s annual result) YoY growth (Progress vs. current year’s annual forecast) (in million Yen) Net income attributable to owners of the parent 134,752 125,601Pre-GAAP 20,16524,654 - 18% - 7% (Non-GAAP) “For reference” Pre-GAAP based Operating Income
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42,657 29,288 28,561 34,028 43,894 27,026 29,032 33,954 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Japan Americas Europe APAC, MEA 2024Q1-Q2 2025Q1-Q2 + 3% - 8% + 2% - 0% 34 (unaudited) Net Sales Growth by Region (in million Yen)
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42,657 29,288 28,561 34,028 43,894 28,346 29,466 35,250 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Japan Americas Europe APAC, MEA 2024Q1-Q2 2025Q1-Q2 + 3% - 3% + 3% + 4% (+ 1,319) (+ 433) (+ 1,296) (0) 35 (unaudited) Net Sales Growth by Region If currency exchange rates used for 2024(Q1-Q2) were used for 2025(Q1-Q2): * ( ) : difference from GAAP base (in million Yen) (Non-GAAP)
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43,722 29,873 25,494 35,661 43,157 23,102 24,980 34,361 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Japan Americas Europe APAC, MEA 2024Q1-Q2 2025Q1-Q2 - 1% - 23% - 2% - 4% 36 (unaudited) “For reference” Pre - GAAP (Revenue before adjusting Deferred revenue) “Notice” Pre-GAAP means Revenue before adjusting deferred revenue and sales return allowance. As these numbers are just for internal use, they may be subject to some changes hereafter. (Non-GAAP) (in million Yen)
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43,722 29,873 25,494 35,661 43,157 24,531 25,416 35,999 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 Japan Americas Europe APAC, MEA 2024Q1-Q2 2025Q1-Q2 - 1% - 18% - 0% + 1% 37 “Notice” Pre-GAAP means Revenue before adjusting deferred revenue and sales return allowance. As these numbers are just for internal use, they may be subject to some changes hereafter. If currency exchange rates used for 2024(Q1-Q2) were used for 2025(Q1-Q2): (Non-GAAP) “For reference” Pre - GAAP (Revenue before adjusting Deferred revenue) (unaudited)
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51,734 49,513 4,128 3,750 11,508 10,175 15,611 13,637 7,077 6,005 10,090 10,324 3,739 5,061 6,208 6,967 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 110,000 120,000 2024Q1-Q2 2025Q1-Q2 Salary & Benefit Office Overhead Outside Service Cloud Administration Selling & Marketing Stock Options / Acquisiton Related Costs Goods/Software Amortization & Capitalization Total - 4% + 12% Headcount - 9% - 240 (- 3%) - 12% - 13% - 15% + 2% + 35% - 4% Stock options / Acquisition Related Costs Salary & Benefit Outside Service Administration Selling & Marketing Goods / Software Amortization & Capitalization Office Overhead Cloud (Non-GAAP) 38 FY2025 Cost (6 months)(in million Yen) (unaudited)YoY Growth
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©2025 Trend Micro Inc. Thank You
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40 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Net sales 65,931 68,603 68,124 69,979 67,501 66,407 Cost of sales 16,015 16,492 15,967 16,505 16,417 15,520 Operating expenses 37,788 39,802 37,355 44,606 36,077 37,420 Operating income 12,127 12,308 14,801 8,868 15,006 13,465 Ordinary income 13,664 12,707 11,959 14,509 12,408 9,066 Ne t in c o m e attribu table to o w n e rs o f th e pare n t 10,754 7,141 8,523 7,940 8,858 5,478 (Costs) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Goods / Software Amortization &Capitalization 2,899 3,309 3,654 4,417 2,782 4,184 Stock option cost 946 742 2,234 627 2,746 996 Acquisition related costs 1,022 1,027 985 783 675 643 Selling & Marketing 4,435 5,654 5,249 8,162 4,573 5,750 Administration 3,935 3,141 3,378 3,517 2,872 3,133 Cloud 7,734 7,877 6,601 6,361 6,887 6,750 Outside service 5,851 5,657 5,335 5,951 5,143 5,032 Office overhead 2,087 2,041 1,999 1,967 1,905 1,844 Salary & Benefit 24,891 26,842 23,884 29,323 24,907 24,606 To tal 53,803 56,294 53,322 61,111 52,495 52,941 The number of employees 7,183 7,053 6,936 6,869 6,819 6,813 Applied rate to yen (US$) 148.58 155.91 149.37 152.51 152.60 144.61 Applied rate to yen (Euro) 161.29 167.89 163.91 162.53 160.58 163.85 FY2024 FY2025 (in million Yen) (unaudited) Quarterly Chart (1) Appendix
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41 (Sales by region) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Japan 21,361 21,295 21,373 21,725 22,072 21,822 Americas 14,388 14,899 14,340 15,199 14,174 12,852 Europe 13,679 14,882 14,949 15,035 14,261 14,771 APAC, Middle East and Africa 16,501 17,526 17,460 18,018 16,993 16,961 Total 65,931 68,603 68,124 69,979 67,501 66,407 (Sales by segment) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 All Enterprise 52,056 54,654 54,329 56,168 54,690 53,975 Consumer 13,875 13,948 13,794 13,811 12,811 12,431 Total 65,931 68,603 68,124 69,979 67,501 66,407 (Pre-GAAP by region) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Japan 23,437 20,284 20,009 22,436 22,593 20,563 Americas 13,840 16,032 13,520 21,734 10,591 12,510 Europe 11,135 14,359 13,295 31,108 10,949 14,031 APAC, Middle East and Africa 17,042 18,619 18,283 27,027 16,365 17,996 Total 65,456 69,296 65,108 102,307 60,499 65,101 FY2024 FY2025 “Notice” Pre-GAAP means Revenue before adjusting deferred revenue and sales return allowance. As these numbers are just for internal use, they may be subject to some changes hereafter. (in million Yen) (unaudited) Quarterly Chart (2) Appendix