Toyota 2006 Annual Report Download - page 133

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131
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
To the Shareholders and Board of Directors of
Toyota Jidosha Kabushiki Kaisha
(“Toyota Motor Corporation”)
In our opinion, the accompanying consolidated balance sheets and the related consolidated
statements of income, shareholders’ equity and cash flows present fairly, in all material
respects, the financial position of Toyota Motor Corporation and its subsidiaries at March 31,
2005 and 2006, and the results of their operations and their cash flows for each of the three
years in the period ended March 31, 2006 in conformity with accounting principles generally
accepted in the United States of America. These financial statements are the responsibility of
the Company’s management. Our responsibility is to express an opinion on these financial
statements based on our audits. We conducted our audits of these statements in accordance
with the standards of the Public Company Accounting Oversight Board (United States). Those
standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstatement. An audit includes examin-
ing, on a test basis, evidence supporting the amounts and disclosures in the financial state-
ments, assessing the accounting principles used and significant estimates made by
management, and evaluating the overall financial statement presentation. We believe that
our audits provide a reasonable basis for our opinion.
June 23, 2006
Dai Nagoya Building
3-28-12, Meieki, Nakamura-ku
Nagoya, 450-8565 Japan