Trend Micro 2010 Annual Report Download - page 3

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5
analyze and protect customers from the latest threats. By introducing fast, real-time security
status “look-up” capabilities in-the-cloud, Trend Micro reduces dependence upon conventional
pattern file downloads at the endpoint, as well as the cost and overhead associated with
corporate-wide pattern deployments. Moreover, Trend Micro will shift “Protection From the
Cloud” to “Protection for the Cloud,” contributing to further value. We will provide security
products and services for virtualization and the cloud environment, as well as for a diverse
range of internet devices. Trend Micro will strive to advance as an innovative company not
constrained by out-dated practices and conventional measures. We will continue to concentrate
management resources on developing original, high-performance solutions that address
customer pain points faster than the competitors. At the same time, we will continue to pursue
long-term growth with a stable financial foundation, strengthen our commitment to users, as
well as develop marketing campaigns that target customer needs and customer buying behavior.
(5) Significant Development in Group’s after the Closing of the Consolidated Financial Term
under Review
Trend Micro Inc. (U.S.A.), a U.S. subsidiary of the Company, agreed with the shareholders of
Mobile Armor Inc., a U.S. Delaware company, to wholly acquire shares in the latter and
completed the acquisition on February 1, 2011 (U.S. time). The acquisition cost was
29,318,000 US dollars.
(6) Business Results and Changes in Financial Conditions
Fiscal Year
Item
The 19th Term
ended December
2007
The 20th Term
ended December
2008
The 21st Term
ended December
2009
The 22nd Term
ended December
2010
Net Sales
(millions of yen)
99,805 101,707 96,346 95,391
Ordinary Income
(millions of yen)
38,096 33,640 31,714 23,835
Net Income
(millions of yen)
23,561 19,247 17,638 12,720
Net Income per
share (in yen)
176.95 143.88 132.16 95.27
Total Assets
(millions of yen)
201,052 178,766 203,887 206,099
Net Assets
(millions of yen)
110,730 98,846 108,643 106,569