Trend Micro Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	210,633	170,056	247,856	191,542	197,729	155,740
Short-Term Investments	15,921	40,839	51,170	51,307	59,072	56,527
Cash & Short-Term Investments	226,554	210,895	299,026	242,849	256,801	212,267
Cash Growth	15.09%	-29.47%	23.13%	-5.43%	20.98%	22.98%
Receivables	47,891	74,527	68,925	63,297	53,207	47,020
Inventory	10,196	8,455	6,662	4,255	3,701	3,404
Other Current Assets	14,864	13,952	14,272	9,533	8,040	5,957
Total Current Assets	299,505	307,829	388,885	319,934	321,749	268,648
Property, Plant & Equipment	4,860	5,548	6,489	7,089	7,932	7,971
Long-Term Investments	4,319	7,906	20,989	77,372	28,840	37,946
Goodwill	1,643	2,268	3,662	1,094	2,817	4,778
Other Intangible Assets	26,673	29,125	28,221	23,198	22,616	21,128
Long-Term Deferred Tax Assets	47,930	47,638	44,380	42,111	36,501	36,228
Other Long-Term Assets	2,838	2	2	1	2	2
Total Assets	387,768	400,316	492,628	470,799	420,457	376,701
Accounts Payable	2,338	3,627	2,727	2,164	1,165	917
Accrued Expenses	13,549	18,701	22,366	18,494	14,821	11,905
Current Income Taxes Payable	2,883	13,252	16,345	10,041	9,809	11,058
Current Unearned Revenue	212,447	221,386	211,532	192,914	100,032	92,958
Other Current Liabilities	14,471	10,308	12,107	8,684	7,797	14,630
Total Current Liabilities	245,688	267,274	265,077	232,297	133,624	131,468
Pension & Post-Retirement Benefits	7,174	7,677	8,071	7,408	7,913	7,273
Other Long-Term Liabilities	7,490	5,920	5,058	2,417	57,487	48,600
Total Liabilities	260,352	280,871	278,206	242,122	199,024	187,341
Common Stock	19,926	19,926	19,855	19,585	19,358	19,104
Additional Paid-In Capital	28,986	27,857	28,239	27,810	26,771	25,974
Retained Earnings	93,325	90,541	156,299	166,635	175,505	158,429
Treasury Stock	-62,725	-66,781	-33,836	-10,291	-5,656	-7,785
Comprehensive Income & Other	47,388	47,902	43,832	24,920	4,666	-7,191
Total Common Equity	126,900	119,445	214,389	228,659	220,644	188,531
Minority Interest	516	-	33	18	789	829
Shareholders' Equity	127,416	119,445	214,422	228,677	221,433	189,360
Total Liabilities & Equity	387,768	400,316	492,628	470,799	420,457	376,701
Net Cash (Debt)	226,554	210,895	299,026	242,849	256,801	212,267
Net Cash Growth	15.09%	-29.47%	23.13%	-5.43%	20.98%	22.98%
Net Cash Per Share	1712.64	1581.50	2184.05	1735.03	1841.05	1521.68
Filing Date Shares Outstanding	131.88	131.3	135.48	139.15	139.5	139.29
Total Common Shares Outstanding	131.88	131.3	135.66	139.15	139.68	139.15
Working Capital	53,817	40,555	123,808	87,637	188,125	137,180
Book Value Per Share	962.24	909.73	1580.34	1643.20	1579.69	1354.90
Tangible Book Value	98,584	88,052	182,506	204,367	195,211	162,625
Tangible Book Value Per Share	747.53	670.63	1345.31	1468.64	1397.61	1168.73

Source: S&P Global Market Intelligence. Standard template. Financial Sources.