Trend Micro announced its results on 13 August. It revised its full-year ordinary profit forecast down from the previous estimate of ¥55.1 billion to ¥46.0 billion, with second-half profit now expected to fall to ¥21.1 billion.
Trend Micro announced its results after the market close on 13 August. Consolidated ordinary profit for the cumulative first quarter (January–June) increased year on year, but its full-year profit outlook was significantly lowered.
For April–June, consolidated ordinary profit declined year on year to ¥7.17 billion, while sales were ¥134,534 million and the operating profit margin on sales fell from 20.3% to 8.3%.
The full-year ordinary profit forecast was revised down from the previous estimate of ¥55.1 billion to ¥46.0 billion, a reduction of approximately 16.5%. As a result, second-half profit is expected to decline significantly year on year.