Toyota 2005 Annual Report Download - page 124

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122
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, of shareholders’ equity and of cash flows present fairly, in all material
respects, the financial position of Toyota Motor Corporation and its subsidiaries at March 31, 2004
and 2005, and the results of their operations and their cash flows for each of the three years in the
period ended March 31, 2005 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 examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements, 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, 2005
Dai Nagoya Building
3-28-12, Meieki, Nakamura-ku
Nagoya, 450-8565 Japan