FORM 6-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Commission File Number:333-10486
For the Month of January 2002
Trend Micro Incorporated
(Translation of registrant's name into English)
Odakyu Southern Tower, 10th Floor, 2-1, Yoyogi 2-chome,
Sibuya-ku, Tokyo 151-8583, Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F ____
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _____ No X
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-__________
Information furnished on this form:
Table of Contents
1. Press release dated January 25, 2002 revising the earnings projections of
the registrant and its consolidated subsidiaries for the fiscal year ended
December 31, 2001, which information the registrant plans to file with the
Tokyo Stock Exchange on January 25, 2002. (*)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Trend Micro Incorporated
Date: January 25, 2002 By: /s/ Mahendra Negi
---------------------------
Mahendra Negi
Director and Chief
Financial Officer
Attachment 1
Trend Micro Revises Earning Projections
for the Fiscal Year Ending Dec 31 2001
Tokyo, Japan - January 25, 2002 - Trend Micro, Inc. (TSE: 4704; Nasdaq: TMIC), a
worldwide leader in antivirus and Internet security solutions, today revised its
earning projections for the fiscal year ending December 31, 2001, which were
announced on August 3, 2001.
Revised Consolidated Earning Projections for FY2001 (Jan 1, 2001 - Dec 31, 2001)
--------------------------------------------------- (in million yen)
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Net Sales Ordinary Income Net Income
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Before Revision (A) 29,000 8,200 1,800
(Announced on Aug 3, 2001)
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After Revision (B) 31,320 9,680 2,510
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Increase (B-A) 2,320 1,480 710
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Percentage Change (%) 8% 18% 39%
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(Ref.) FY2000 Results 21,834 7,322 4,722
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Revised Non-Consolidated Earning Projections for FY2001 (Jan 1, 2001 - Dec 31, 2001)
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(in million yen)
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Net Sales Ordinary Income Net Income
-------------------------------------------------------------------------------------------
Before Revision (A) 14,000 3,000 -2,000
(Announced on Aug 3, 2001)
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After Revision (B) 18,450 7,720 520
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Increase (B-A) 4,450 4,720 2,520
-------------------------------------------------------------------------------------------
Percentage Change (%) 32% 157% -
-------------------------------------------------------------------------------------------
(Ref.) FY2000 Results 9,426 2,533 2,038
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Reasons for the Above Revisions
-------------------------------
Trend Micro amended its earning projections due to an unexpected increase in
demand for antivirus products in Japan and Europe. In Japan revenue growth from
desktop products was stronger than expected, and outside Japan the weak yen
improved revenue.
Non-consolidated net sales were higher than expected because the royalty rates
charged to subsidiaries, which we had anticipated decreasing, remained constant.
The company will announce financial results for the fiscal year 2001 on February
7, 2002.
Notice Regarding Forward Looking Statements
-------------------------------------------
These forward-looking statements include statements regarding our expectations
about our earnings for the fiscal year ending December 31, 2001.
Many important factors could cause our actual results to differ materially from
those expressed in our forward-looking statements. These factors include:
-Customer acceptance of our new products and services
-The impact of competing products and services
-Difficulties in adapting our products and services to the Internet
-Difficulties in addressing new virus and other computer security problems
-The potential lack of attractive investment targets and difficulties
unsuccessfully executing our investment strategy
-Declining prices for our products and services
We assume no obligation to update any forward-looking statements.
For more details regarding risk factors relating to our future performance,
please refer to our filings with the SEC including our annual report on
Form 20-F which was filed on June 29, 2001.
About Trend Micro
Trend Micro is a leader in network antivirus and Internet content security
software and services. The Tokyo-based Corporation has its North American
headquarters in Cupertino, CA, and business units worldwide. Trend Micro
products are sold through corporate, value-added resellers, and through managed
service providers. For additional information and evaluation copies of all Trend
Micro products, visit http://www.antivirus.com or http://www.trendmicro.com.
For Additional Information:
Mr. Mahendra Negi
Chief Financial Officer/IR Officer
Phone: +81-3-5334-4899
Fax: +81-3-5334-4874
ir@trendmicro.co.jp