Trend Micro (4704) Earnings: Operating Profit Down 23.5% YoY to 21.79 Billion Yen, Net Income Up 6.2%

Trend Micro (4704) has released its latest financial results, reporting net sales of 148,596 million yen, representing an 11.0% increase compared to the same period of the previous year. While operating profit decreased by 23.5% YoY to 21,792 million yen, profit attributable to owners of the parent grew by 6.2% to 15,230 million yen. Additionally, ordinary profit rose 15.6% YoY to 24,824 million yen, and comprehensive income increased significantly by 42.9% to 16,612 million yen. From a financial and valuation perspective, the company maintains a solid financial foundation with an equity ratio of 28.5% and zero interest-bearing debt (0.0 billion yen). Retained earnings stand at 91.96 billion yen, while return on equity (ROE) reaches a high level of 27.42%, highlighting strong capital efficiency. Furthermore, return on assets (ROA) is 7.92% and EBITDA is recorded at 34.94 billion yen, demonstrating robust profitability and cash-generating capabilities.