Trend Micro's nighttime PTS price was ¥6,860, maintaining gains against the closing price on the Tokyo Stock Exchange. For the first half, revenue was ¥148.5 billion and operating profit was ¥21.7 billion, representing year-on-year changes. The next earnings announcement is expected around mid-November 2026.
Trend Micro (4704.T) traded in the ¥6,800 range in nighttime PTS trading, at ¥6,860, up from the previous day's closing price. As of 23:02, the trading price was ¥6,860. The opening price was ¥6,830 as of 22:37, the high was ¥6,860 as of 23:02, and the low was ¥6,830 as of 22:37. Nighttime trading volume was 200 shares, with a trading value of ¥1.369 million. A golden cross has reportedly occurred in the real-time display.
According to the earnings results, Trend Micro's revenue for the first half of fiscal 2026 was ¥148.5 billion, up 11.0% year on year, while operating profit was ¥21.7 billion, down 23.5% year on year. The increase in expenses, including cloud-related expenses and AI token costs, had an impact, and full-year operating profit is expected to decline 23.2% from the previous fiscal year to ¥44.4 billion. The next earnings announcement is scheduled for around mid-November 2026.
Recent earnings trends show continued improvement over the past 12 quarters, and some analysis indicates that net profit margin and operating margin have recovered year on year. The equity ratio remains relatively low but stable, while revenue growth and EPS growth are expected to continue. However, results fluctuate from quarter to quarter, and changes in the cost structure associated with growth initiatives will be a focus for future profitability.
Factors identified as key points for monitoring future performance include growth in ARR centered on Vision One, improvements in per-customer pricing and mix in the consumer business, and overseas revenue growth. Risks have also been identified, including higher cloud expenses related to AI, rising personnel costs, the investment burden from intensifying competition, and the impact of foreign exchange fluctuations. Attention will focus on how these factors contribute to performance over the medium to long term.