Finaltable, as Chocolate_Cowboy has referenced from the Supra Handbook as per pg. 197.
SPECIFICATIONS
Fuel
Fuel type:
7M-GE engine:
For optimum engine performance, Toyota recommends using premium type unleaded gasoline
with an octane number of 95 or higher (Research Octane Number). If such premium type cannot be obtained, you may use unleaded gasoline with an octane number as low as 91.
7M-GTE engine:
Unleaded gasoline with an octane number of 97 or higher (Research Octane Number).
The RON 97 Octane does coincides with what Wreckless said earlier in the thread, which means PREMIUM fuel is specified.
Also, FWIW. I drive like a putz in my Corolla (Corolla #1), but noticed the car fell flat on its face when ambient temp was > 85*. I started to think about it, and realized the ECU must be running LESS efficient when temps are higher because the ECU is pulling timing due to the 87 Octane and higher intake temps. I switched to 93 octane thinking it would help with knock and improve efficiency I and haven't looked back. I got 6 more mpg and cleaner oil. For all the engine pros here on SF, they may think I'm crazy, but I got longer oil change intervals as per what my ECU was reading. I don't know how exactly, but the ECU knew the oil was cleaner, and it started to get more miles per oil change. I still kept the 87 octane oil change interval for peace of mind. With 93 Octane the ECU was "giving" me 1200 miles difference. Also, the oil that came out for oil changes went from thick and black with 87, to smooth and brown like honey on 93. In my "new" Corolla (Corolla #2), I tested it again. When I switched from 87 to 93, it got 7+mpg more than on 87. Again, the engine is running more efficiently and netting more MPG with a more efficient running engine. Toyota says the Corolla is made to run on 87, but my experience/observation and conclusion is that it is most efficient and optimal with 93 Octane. 93 is the only way to go IMO, even if I'm not driving aggressively.