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Analyst Coverage

List of analysts of securities companies and research companies who make recommendations and reports of Toshiba's performance, etc

Firm Analyst
Citigroup Global Markets Japan Inc. Kota Ezawa
Credit Suisse Securities (Japan) Ltd. Hideyuki Maekawa
Daiwa Securities Co., Ltd. Hirosuke Tai
Deutsche Bank AG Han Seunghoon
Goldman Sachs (Japan) Ltd. Ikuo Matsuhashi
JPMorgan Securities Japan Co., Ltd. Hisashi Moriyama
Macquarie Capital Securities (Japan) Ltd. Damian Thong
Merrill Lynch Japan Securities Co., Ltd. Mikio Hirakawa
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Takeo Miyamoto
Mizuho Securities Co., Ltd. Takeshi Tanaka
Morgan Stanley MUFG Securities Co., Ltd. Kazuo Yoshikawa
Nomura Securities Co., Ltd. Financial & Economic Research Center Masaya Yamasaki
SMBC Nikko Securities Inc. Yukihiko Shimada
Sanford C. Bernstein Ltd. Mark C. Newman
UBS Securities Japan Ltd. Kenji Yasui

This list is subject to change as coverage is either added or dropped by a firm. Please note it is possible that there are other analysts who make an analysis on Toshiba, and that the table does not always show the most updated list of the analysts who cover Toshiba.

The information in this table is solely for informational purposes, and is not intended as a solicitation to make investments. Estimates, opinions, and forecasts regarding Toshiba's performance made by these analysts are theirs alone and not those of Toshiba's or its management's. Toshiba does not imply its endorsement of or concurrence with such estimates, opinions, recommendations and information.

Analysts, irrespective of who are listed or not listed in this table, analyze Toshiba's performance, businesses, products and technologies, and make forecasts regularly and irregularly. Please be aware that Toshiba nor its management is not involved in any process of making them.

If you actually intend to trade stock, please make such stock traded in accordance with your own judgment.

This Web site contains projections of business results, statements regarding business plans and other forward-looking statements. This information is based on certain assumptions, such as the economic environment, business policies and other factors, as of the date when each document was posted. Actual results may differ significantly from the estimates listed here.

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