EFTA01461236.pdf

Current DB Price Sector Company Ticker Price Target % Auto Toyota JP Equity 6180 8000 29% Retail Rukaten JP Equity 1496 1710 14% Finance Resona JP Equity 506 650 28% Consumer Electronics Panasonic JP Equity 1158 1300 12% Automation Equipment Omron* JP Equity 4105 4426 8% Shipping Kawasaki Kisen JP Equity 236 280 19% Average implied up/downside: 18% * Not covered by DB. Price target reflects Bloomberg Average target. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123149 CONFIDENTIAL SDNY_GM_00269333 EFTA01461236