Amendment Subs Prospect

Toyota Motor Corporation
26 October 2004

                                 (Translation)



                                                       Filed on October 26, 2004

To Whom It May Concern:

         Company Name:  Hino Motors, Ltd.
         Name and Title of Representative:
              Shoji Kondo, President
         Code Number: 7205
              Securities exchanges throughout Japan
              Name and Title of Contact Person:
              Toshihisa Sakaki
              General Manager, Corporate Communications Department,
              Corporate Planning Division
              Telephone Number: 03-5419-9320
              Our Parent Company: Toyota Motor Corporation
         Name and Title of Representative:
         Fujio Cho, President
         Code Number: 7203
         Securities exchanges throughout Japan





                        Notice Concerning Amendments to

              the Business Performance Projections (Consolidated)



Based on recent movements in our business performance, we hereby make the
following amendments to the business performance projections disclosed upon the
announcement of the financial statements on April 27, 2004:



1. Amendments to the prospective figures of consolidated business performance
for the interim period ending September 30, 2004 (from April 1, 2004 to
September 30, 2004).



                                                                                         (In millions of yen, %)
                                                       Net sales         Ordinary income     Interim net income
Previous projections (A)                                 480,000               11,900                3,700
(Announced on April 27, 2004)

New projections (B)                                      543,389               19,264                7,666

Amount changed                                            63,389                7,364                3,966
(B - A)

% of change                                                13.2%                61.9%               107.2%

(Reference)                                              502,340               23,199               13,946
Actual performance of Interim period of
FY2004 (from April 1, 2003 to September 30,
2003)



2. Amendments to the prospective figures of full year consolidated business
performance of Fiscal Year 2005 ending March 31, 2005 (from April 1, 2004 to
March 31, 2005)



                                                                                    (In millions of yen, %)
                                                        Net sales        Ordinary income         Net income

Previous projections (A)                                 980,000               30,400               16,400
(Announced on April 27, 2004)

New projections (B)                                    1,108,000               37,800               17,400

Amount changed                                           128,000                7,400                1,000
(B - A)

% of change                                                13.1%                24.3%                 6.1%

Actual performance from April 1, 2003 to               1,051,586               44,566               34,023
March 31, 2004 (FY2004)



3. Reasons for the Amendments



The prospective figures of the consolidated business performance of the Fiscal
Year 2005 (the interim period and full year) were announced in April 2004.  As
the sales of trucks in Japan and vehicles produced on commission increased, the
net sales are expected to increase by 13.2% for the interim period and by 13.1%
for the full year, from the previously announced projected figures.

Due to the increase in sales, both ordinary income and net income are expected
to increase from the previously announced projected figures.


                                 (Translation)



                                                       Filed on October 26, 2004

To Whom It May Concern:

              Company Name:  Hino Motors, Ltd.
              Name and Title of Representative:
              Shoji Kondo, President

         Code Number: 7205
              Securities exchanges throughout Japan
              Name and Title of Contact Person:
              Toshihisa Sakaki
              General Manager, Corporate Communications Department,
              Corporate Planning Division
              Telephone Number: 03-5419-9320
              Our Parent Company: Toyota Motor Corporation
         Name and Title of Representative:
         Fujio Cho, President
         Code Number: 7203
              Securities exchanges throughout Japan


                        Notice Concerning Amendments to
            the Business Performance Projections (Non-consolidated)


Based on recent movements in our business performance, we hereby make the
following amendments to the business performance projections disclosed upon the
announcement of the financial statements on April 27, 2004:



1. Amendments to the prospective figures of non-consolidated business
performance for the interim period ending September 30, 2004 (from April 1, 2004
to September 30, 2004).



                                                         (In millions of yen, %)
                                                       Net sales         Ordinary income     Interim net income
Previous projections (A)                                 380,000                9,600                6,000

(Announced on April 27, 2004)
New projections (B)                                      436,074               16,983                6,633

Amount changed                                            56,074                7,383                  633
(B - A)

% of change                                                14.8%                76.9%                10.6%

(Reference)                                              411,463               18,254                5,173

Actual performance of Interim period of
FY2004 (from April 1, 2003 to September 30,
2003)



2. Amendments to the prospective figures of full year non-consolidated business
performance of Fiscal Year 2005 ending March 31, 2005 (from April 1, 2004 to
March 31, 2005)



                                                         (In millions of yen, %)
                                                       Net sales         Ordinary income         Net income
Previous projections (A)                                 760,000               22,000                9,000

(Announced on April 27, 2004)
New projections (B)                                      875,000               31,300               12,000

Amount changed                                           115,000                9,300                3,000
(B - A)

% of change                                                15.1%                42.3%                33.3%

Actual performance from April 1, 2003 to                 855,876               32,076                9,463
March 31, 2004 (FY2004)



3. Reasons for the Amendments



The prospective figures of the non-consolidated business performance of the
Fiscal Year 2005 (the interim period and full year) were announced in April
2004.  As the sales of trucks in Japan and vehicles produced on commission
increased, the net sales are expected to increase by 14.8% for the interim
period and by 15.1% for the full year, from the previously announced projected
figures.

Due to the increase in sales, both ordinary income and net income are expected
to increase from the previously announced projected figures.








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