Trend Micro Incorporated

TSE:4704 Stock Report

Market Cap: JP¥1.3t

Trend Micro Management

Management criteria checks 3/4

Trend Micro's CEO is Eva Chen, appointed in Jan 1988, has a tenure of 37.25 years. total yearly compensation is ¥184.00M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth ¥14.20B. The average tenure of the management team and the board of directors is 8 years and 1.6 years respectively.

Key information

Eva Chen

Chief executive officer

JP¥184.0m

Total compensation

CEO salary percentage41.3%
CEO tenure37.3yrs
CEO ownership1.1%
Management average tenure8yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

Estimating The Intrinsic Value Of Trend Micro Incorporated (TSE:4704)

Apr 25
Estimating The Intrinsic Value Of Trend Micro Incorporated (TSE:4704)

Trend Micro (TSE:4704) Is Very Good At Capital Allocation

Mar 10
Trend Micro (TSE:4704) Is Very Good At Capital Allocation

Earnings Update: Here's Why Analysts Just Lifted Their Trend Micro Incorporated (TSE:4704) Price Target To JP¥9,407

Feb 20
Earnings Update: Here's Why Analysts Just Lifted Their Trend Micro Incorporated (TSE:4704) Price Target To JP¥9,407

Market Participants Recognise Trend Micro Incorporated's (TSE:4704) Earnings Pushing Shares 29% Higher

Feb 13
Market Participants Recognise Trend Micro Incorporated's (TSE:4704) Earnings Pushing Shares 29% Higher
author-image

Unleashing Growth Through Subscription Shift And Global Expansion Strategy

Dec 01 Subscription model transition improves revenue stability and predicts higher margins, boosting recurring revenue growth.

Trend Micro Incorporated Just Missed Earnings - But Analysts Have Updated Their Models

Nov 14
Trend Micro Incorporated Just Missed Earnings - But Analysts Have Updated Their Models

Under The Bonnet, Trend Micro's (TSE:4704) Returns Look Impressive

Oct 06
Under The Bonnet, Trend Micro's (TSE:4704) Returns Look Impressive

Why Investors Shouldn't Be Surprised By Trend Micro Incorporated's (TSE:4704) 29% Share Price Surge

Sep 07
Why Investors Shouldn't Be Surprised By Trend Micro Incorporated's (TSE:4704) 29% Share Price Surge

CEO Compensation Analysis

How has Eva Chen's remuneration changed compared to Trend Micro's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024JP¥184mJP¥76m

JP¥34b

Sep 30 2024n/an/a

JP¥24b

Jun 30 2024n/an/a

JP¥17b

Mar 31 2024n/an/a

JP¥15b

Dec 31 2023JP¥158mJP¥70m

JP¥11b

Sep 30 2023n/an/a

JP¥14b

Jun 30 2023n/an/a

JP¥27b

Mar 31 2023n/an/a

JP¥28b

Dec 31 2022JP¥138mJP¥65m

JP¥30b

Sep 30 2022n/an/a

JP¥41b

Jun 30 2022n/an/a

JP¥37b

Mar 31 2022n/an/a

JP¥38b

Dec 31 2021n/an/a

JP¥38b

Sep 30 2021n/an/a

JP¥34b

Jun 30 2021n/an/a

JP¥28b

Mar 31 2021n/an/a

JP¥27b

Dec 31 2020JP¥116mJP¥57m

JP¥27b

Sep 30 2020n/an/a

JP¥25b

Jun 30 2020n/an/a

JP¥29b

Mar 31 2020n/an/a

JP¥30b

Dec 31 2019JP¥107mJP¥54m

JP¥28b

Sep 30 2019n/an/a

JP¥30b

Jun 30 2019n/an/a

JP¥28b

Mar 31 2019n/an/a

JP¥29b

Dec 31 2018JP¥125mJP¥105m

JP¥28b

Compensation vs Market: Eva's total compensation ($USD1.28M) is about average for companies of similar size in the JP market ($USD1.09M).

Compensation vs Earnings: Eva's compensation has been consistent with company performance over the past year.

CEO

Eva Chen (65 yo)

37.3yrs

Tenure

JP¥184,000,000

Compensation

Ms. Eva Chen founded Trend Micro Inc., in 1988 and has been its Chief Executive Officer since January 1, 2005 and serves as its President since 2022. Ms. Chen served as President of Trend Micro Inc., until...

Leadership Team

NamePositionTenureCompensationOwnership
Eva Chen
Co-Founder37.3yrsJP¥184.00m1.1%
¥ 14.2b
Mahendra Negi
CFO & Representative Director23.1yrsJP¥188.00m0.11%
¥ 1.4b
Akihiko Omikawa
Executive VP of Japan & Director8.8yrsJP¥169.00m0.0031%
¥ 39.2m
Ming-Jang Chang
Founder & Chairman of the Board29.3yrsno data4.09%
¥ 52.6b
Jenny Chang
Chief Culture Officer & Co-Founderno datano datano data
Kevin Simzer
Chief Operating Officer6.3yrsno datano data
Max Cheng
Chief Information Officerno datano datano data
Felix Sterling
Chief Legal Officer and Executive VP Global Policy & Compliance7.3yrsno datano data
Claudia Wu
Chief Human Resources Officer3yrsno datano data
Oscar Chang
Chief Development Officer20.4yrsno datano data
Dhanya Thakkar
Executive VP of North America & AMEA Salesless than a yearno datano data
Frank Kuo
Chief Platform Officer & GM of Global Consumer Business3.1yrsno datano data

8.0yrs

Average Tenure

65yo

Average Age

Experienced Management: 4704's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Eva Chen
Co-Founder27.7yrsJP¥184.00m1.1%
¥ 14.2b
Mahendra Negi
CFO & Representative Director23.1yrsJP¥188.00m0.11%
¥ 1.4b
Akihiko Omikawa
Executive VP of Japan & Director17.1yrsJP¥169.00m0.0031%
¥ 39.2m
Ming-Jang Chang
Founder & Chairman of the Board29.3yrsno data4.09%
¥ 52.6b
Fukuzo Inoue
Independent Outside Directorless than a yearno datano data
Koichiro Tokuoka
Independent Outside Director2.1yrsno datano data
Taeko Izumi
Auditorless than a yearno data0.00076%
¥ 9.8m
Miwako Funamoto
Corporate Auditorless than a yearno datano data
Kenichiro Jomen
Corporate Auditor1.1yrsno datano data
Takashi Hirata
Full-time Auditorless than a yearno datano data

1.6yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 4704's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/26 02:40
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Trend Micro Incorporated is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuki KanekoBofA Global Research
Hideo NodaCLSA
Jay DefibaughCLSA