Welcome!

Recurring Revenue Authors: Elizabeth White, Yeshim Deniz, XebiaLabs Blog, Patrick Hubbard, Peter Silva

News Feed Item

Trend Micro Reports Results for Q4 and Fiscal Year 2012

TOKYO, Feb. 14, 2013 /PRNewswire/ -- Trend Micro Incorporated (TSE: 4704; TYO 4704), the global leader in cloud security and virtualization, announced earnings results for the fourth quarter and consolidated revenue for fiscal year 2012, ending December 31, 2012.

For the fourth quarter, Trend Micro posted consolidated net sales of 24,313 million Yen (or US $ 298 million, 81.33 JPY = 1USD). The company posted operating income of 5,795 million Yen (or US $ 71 million) and net income of 2,680 million Yen (or US $ 32 million) for the quarter.

For 2012, Trend Micro posted consolidated net sales of 93,839 million Yen (or US $ 1,174 million, 79.89 JPY=1USD). The company also reported operating income of 22,407 million Yen (or US $ 280 million) and net income of 13,447 million Yen (or US $ 168 million).

Based on information currently available to the company, consolidated net sales for the first quarter ending March 31, 2013 is expected to be 24,700 million Yen (or US $ 274 million, based on an exchange rate of 90 JPY = 1USD). Operating income and net income are expected to be 5,600 million Yen (or US $ 62 million) and 3,400 million Yen (or US $ 37 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.

"Today, in the face of various targeted, stealthy, sophisticated attacks, Trend Micro is courageous and honest enough to tell the world that, 'outbreak life cycle management' is not enough anymore,'" said Eva Chen, CEO. "We announced that 'Custom attacks need a custom defense,' a new way of thinking and a new process that customers need to implement to protect their digital assets and company's reputation against targeted attacks."

Q4 2012 Business Highlights

In October, Trend Micro unveiled "Custom Defense" – the industry's first advanced threat protection solution that enables businesses and government agencies not only to detect and analyze advanced persistent threats (APTs) and targeted attacks, but also to rapidly adapt their protection and respond to these attacks. Trend Micro also enhanced its email security products for better threat detection capability and superior custom defenses to detect zero-day attacks that aggressively pursue and compromise specific targets. 

Trend Micro announced that global customers of Amazon Web Services (AWS) are able to take advantage of highly optimized security solutions from Trend Micro for their AWS deployments, including AWS Storage Gateway.  Trend Micro security solutions shield AWS cloud-based applications from threats, meet strict compliance regulations, and protect the privacy of customer data stored in the cloud – all in a way that is easy to deploy and manage.

Trend Micro introduced its Online Security Assessment Tools for Cloud, Cyber & Mobile Security, which provide customers with an assessment of their current business' security posture with respect to cloud adoption, consumerization and targeted attacks. These cost-free security assessment tools are designed to be used to help plan and deploy security measures needed to manage mobile devices, secure the journey to cloud computing and defend against targeted cyber-attacks.

Trend Micro announced three new apps for Windows 8 available through the Windows Store, that offer consumers added protection of their digital lives on Windows 8 devices at home or on the go.  The three apps include: Trend Micro SafeGuard, a tablet- optimized web browser with built-in security technology for use with Windows 8; Trend Micro Go Everywhere app, a simple-to-use solution that will help protect Windows 8 tablet PCs from loss or theft; and Trend Micro DirectPass, which helps make saving passwords online easy by encrypting saved passwords and helping provide an extra layer of security for banking and financial transactions.

Trend Micro integrated security management products with ConnectWise for increased reporting, billing, and service ticket automation. 

Trend Micro Deep Security 8.0 achieved Oracle Solaris Ready status through Oracle PartnerNetwork (OPN), demonstrating that Trend Micro has fully tested and supports Deep Security 8.0 on Oracle Solaris 11.  Trend Micro also achieved Gold Partner status in OPN, recognizing Trend Micro for its commitment to establish Oracle-related knowledge in delivering security management.

Trend Micro added a new PartnerPlus Portal to facilitate Channel partners' journey to the cloud. The new PartnerPlus Portal is designed specifically to support Trend Micro partners growing their security practice.  The portal serves as the central hub for sales tools, training, certification, on-demand marketing, announcements, promotions, webinars, and much more.

Trend Micro announced mobile security services with Chunghwa Telecom, Taiwan's largest telecom service company. Together they announced two cloud computing services, Mobile Device Management (MDM) for SME and Trend Micro Mobile Security (TMMS) for personal mobile security.

Awards and Recognition for Q4 2012

Corporate

Eva Chen, CEO, was named one of CRN's Top 100 Executives in the "Innovators" category in the IT Channel for 2012.  This annual list salutes the most influential and innovative channel executives in North America. Eva Chen was recognized as one of the top 25 innovators who are bringing new, game-changing technology to the market and driving sales/profits in emerging technologies.

Trend Micro was recognized with Eloqua's 2012 Markie Award in the "Connecting in the Eloqua AppCloud" category. Eloqua's Markie awards set out to honor the world's best modern marketers, demonstrating right brain creativity meeting left brain analytics. Winners must prove how their marketing activities produce successful results and revenue growth for their companies.

Products and Innovation

Trend Micro SecureCloud was Virtualization Review Readers Choice Award Winner and Trend Micro Deep Security was Preferred Product Award Winner.

Trend Micro Titanium 2013 Internet Security received a favorable review in CNET where the reviewer comments, "Now into its third year, Titanium's updated detection system has proven itself handily. Independent efficacy tests indicate that Titanium 2013's initial performance has been stellar, following reasonably strong scores for Titanium 2012. That combined with zippy scan speeds and a very light system impact means that Titanium is one of the best security suites for 2013."

V3 awarded Technology Awards 2012 to Trend Micro SecureCloud, for best cloud security product.

CRN listed Trend Micro as one of the 2012 Best Companies to Partner With.

Patents

Trend Micro was awarded the following patents in Q4 2012:


Patent 8286253

Data Leakage Prevention for Resource Limited Device



Patent 8291024

Statistical Spamming Behavior Analysis on Mail Clusters



Patent 8289981

Apparatus and Method for High Performance Network Content Processing



Patent 8291498

Automatic registration of a virus/worm monitor in a distributed network



Patent 8307432

Generic Shellcode Detection



Patent 8312270

DHCP-Based Security Policy Enforcement System



Patent 8316440

System of detecting change of name-to-IP resolution



Patent 8321910

Determining the Source of Malware



Patent 8321661

Input Data Security Processing Systems and Methods Therefor



Patent 8321434

Two-Tier Architecture of Named Entity Recognition Engine



Patent 8321937

Methods and System for Determining Performance of Filters in a Computer Intrusion Prevention Detection System



Patent 8321669

Electronic Data Communication System



Patent 8327446

Antivirus Stand-alone Network or Internet Appliance and Methods Therefor



Patent 8327431

Managing Configurations of a Firewall



Patent 8332941

Exploit Nonspecific Host Intrusion Prevention/Detection Methods And Systems And Smart Filters Therefor

Notice Regarding Forward-looking Statements

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:

  • 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 antivirus software industry
  • Changes in customer needs for antivirus software
  • Existing products and new product introductions by our competitors and the pricing of those products
  • Declining prices for 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

About Trend Micro:

Trend Micro Incorporated (TYO: 4704;TSE: 4704), the 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 industry-leading Trend Micro Smart Protection Network cloud computing security infrastructure, our products and services stop threats where they emerge – from the Internet. They are supported by 1,000+ threat intelligence experts around the globe. 

Additional information about Trend Micro Incorporated and the products and services are available at Trend Micro.com. This Trend Micro news release and other announcements are available at http://newsroom.trendmicro.com/. Or follow our news on Twitter at @TrendMicro.

Contact: Investor Relations
Tel: +81-3-5334-4899
ir@trendmicro.co.jp

SOURCE Trend Micro Incorporated

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.