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Investor Presentaiton

II. Profit Earnings Growth and targets in operating income ratio & ROE Operating income ratio 9 (%) 7.4% 6.1% 6% 6.5% 9.1% 9% 11.3% 10 (%) 8.5% -10% ROE 6.8% 6.3% 5.8% (Billions of yen) 1,000 500 5 0 FY1999 FY2000 FY2001 FY2002 April-Dec., 2002 Target (Japan GAAP) TOYOTA Operating income Operating income ratio ROE
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