Epstein Secrets

4180 -6% Sh p in Kawasaki Icsert 225 Buy 330 47% 234 -4% Average imps led up/downside' 26% -08% • Nat covered by OB P. ce target reflects Bloomberg Average target. Nikkei 14,180.38 19.000 34% 15.278.63 -8% Topix 1,162.64 1,232.31 .6% Source. Bloomberg as 412/5/14 JE Basket Sector Co

Consumer Fectronics Panasonic 1262 Buy 1300 3% 1170 7% Electronic Equipment Hitachi* 770 NA 912.5 19% 752 2% Automation E uipn-en: Omron' 3935 NA 4608 17% 4180 -6% Sh p in Kawasaki Icsert 225 Buy 330 47% 234 -4% Average imps led up/downside' 26% -08% • Nat covered by O

JP Buy Current price 1158 Target price (12m) 1300 Upside 12% Omron 6645 JP Not rated at DB Current price 4105 Target price (12m) 4426 (Bloomberg avg. Not covered by DB) Upside 8% Kawasaki Kisen: http://qm.db.com/ger/document/ShowPdf.eqsr?productIDMore=0900b8c087790d17 9107 JP Buy Curren

https://ger.gm.cib. intranet.db.com/qeddocument/pdf/0900b8c08795101a. pdf (6752 JP Buy Current price 1158 Target price (12m) 1300 Upside 12% Omron 6645 JP Not rated at DB Current price 4105 Target price (12m) 4426 (Bloomberg avg. Not covered by DB) Upside 8% Kawasaki Kisen: http://qm.d

s an alpha overlay (USDJPY now at 103.40). Let us know your thoughts, Tazia EFTA00711075 Indicative levels, subject to market movement. Source: Bloomberg and DB Global Markets Research 12/16/13. Supplemental Information: DB Research ex ects Ja.anese e. uities could double b 2015 • Abenomics will l

ps://gergm.ci b. i ntranet.d b.com/ger/docu ment/pdf/0900b8c08795101a.pdf (6752 JP Buy Current price 1158 Target price (12m) 1300 Upside 12% Omron 6645 JP Not rated at DB Current price 4105 Target price (12m) 4426 (Bloomberg avg. Not covered by DB) Upside 8% Kawasaki Kisen: http://g m.