FINANCIAL HIGHLIGHTS 2 TOSHIBA CORPORATION FINANCIAL HIGHLIGHTS Toshiba Corporation and its subsidiaries Years ended March 31, 2003 and 2002 Millions of yen Change (%) Thousands of U.S. dollars 2003 2002 2003/2002 2003 Net sales–Japan ¥3,343,551 ¥3,340,491 0.1 $27,862,925 –Overseas 2,312,227 2,053,542 12.6 19,268,558 Net sales 5,655,778 5,394,033 4.9 47,131,483 Operating income (loss) 115,542 (113,575) — 962,850 Income (loss) before income taxes and minority interest 53,123 (376,687) — 442,692 Net income (loss) 18,503 (254,017) — 154,192 Total assets 5,238,936 5,407,782 (3.1) 43,657,800 Shareholders’ equity 571,064 705,314 (19.0) 4,758,867 Capital expenditures (property, plant and equipment) 230,512 348,235 (33.8) 1,920,933 Research and development expenditures 331,494 326,170 1.6 2,762,450 Return on equity (ROE) (%) 2.9 (29.0) — Return on total assets (ROA) (%) 0.3 (4.6) — Yen U.S. dollars Per share of common stock: Net income (loss) –basic ¥5.75 ¥(78.91) — $0.048 –diluted 5.75 (78.91) — 0.048 Cash dividends 3.00 — — 0.025 Number of employees 165,776 176,398 (6.0) Notes: 1. Unless indicated otherwise, all dollar figures herein refer to U.S. currency. Yen amounts have been translated into U.S. dollars, for convenience only, at the rate of ¥120=U.S. $1. 2. Basic earnings per share is computed based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share assumes the dilution that would occur if dilutive convertible debentures were converted into common stock. NET SALES (Billions of yen) zn m; =; NET INCOME (LOSS) (Billions of yen) 4 ROE (%) ROA (%)