Amendment Subs Prospect

Toyota Motor Corporation
25 October 2005

                                 (Translation)



                                                       Filed on October 25, 2005

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
(The Parent Company of Hino Motors, Ltd.)
Company Name:                                      Toyota Motor Corporation
Name and Title of Representative:                  Katsuaki Watanabe , President
Code Number:                                       7203
                                                   Securities exchanges 
                                                   throughout Japan





                        Notice Concerning Amendments to

                    the Business Projections (Consolidated)



Based on recent movements in our business performance, we hereby make the
following amendments to the consolidated business projections previously
disclosed upon the announcement of the financial statements on April 26, 2005:



1.  Amendments to the prospective figures of consolidated business performance
for the interim period ending September 30, 2005 (from April 1, 2005 to
September 30, 2005).



                                                            (In millions of yen)
                                                   Net revenues       Ordinary income     Interim net income
Previous projections (A)                                 530,000               12,300                9,500

(Announced on April 26, 2005)
New projections (B)                                      566,380               16,221               13,169
Amount changed                                            36,380                3,921                3,669
(B - A)
% of change                                                 6.9%                31.9%                38.6%
Actual performance of Interim period of                  543,389               19,264                7,666
FY2005 (from April 1, 2004 to September 30,
2004)



2.  Amendments to the prospective figures of full year consolidated business
performance of Fiscal Year 2006 ending March 31, 2006 (from April 1, 2005 to
March 31, 2006)



                                                            (In millions of yen)
                                                    Net revenues       Ordinary income         Net income
Previous projections (A)                               1,170,000               40,300               27,500

(Announced on April 26, 2005)
New projections (B)                                    1,220,000               44,000               30,000
Amount changed                                            50,000                3,700                2,500

(B - A)
% of change                                                 4.3%                 9.2%                 9.1%
Actual performance from April 1, 2004 to               1,130,100               39,751               17,672
March 31, 2005 (FY2005)



3.   Reasons for the Amendments



The prospective figures of the consolidated business performance of the Fiscal
Year 2006 (the interim period and full year) were announced previously in April
2005.  As the sales of trucks in Japan increased, the net revenues are now
expected to increase by 6.9% for the interim period and by 4.3% for the full
year, from the previously announced projected figures.

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



Hino Motors, Ltd. applied to delist its shares from the Osaka Securities
Exchange, the Fukuoka Stock Exchange and the Sapporo Securities Exchange on
September 22, 2005.  The dates of delisting are expected to be November 14, 2005
for the Osaka Securities Exchange, November 4, 2005 for the Fukuoka Stock
Exchange and November 6, 2005 for the Sapporo Securities Exchange.

















                                 (Translation)



                                                                October 25, 2005

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
(The Parent Company of Hino Motors, Ltd.)
Company Name:                            Toyota Motor Corporation
Name and Title of Representative:        Katsuaki Watanabe, President
Code Number:                             7203
                                         Securities exchanges throughout Japan





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



Based on recent movements in our business performance, we hereby make the
following amendments to the business projections previously disclosed upon the
announcement of the financial statements on April 26, 2005:



1.  Amendments to the prospective figures of non-consolidated business
performance for the interim period ending September 30, 2005 (from April 1, 2005
to September 30, 2005)



                                                            (In millions of yen)
                                                    Net revenues      Ordinary income   Interim net income
Previous projections (A)                                 414,000                9,600                6,000

(Announced on April 26, 2005)
New projections (B)                                      439,980               15,924               10,194
Amount changed                                            25,980                6,324                4,194

(B - A)
% of change                                                 6.3%                65.9%                69.9%
Actual performance of Interim period of                  436,074               16,983                6,633
FY2005 (from April 1, 2004 to September 30,
2004)



2.  Amendments to the prospective figures of full year non-consolidated business
performance of Fiscal Year 2006 ending March 31, 2006 (from April 1, 2005 to
March 31, 2006)



                                                            (In millions of yen)
                                                    Net revenues      Ordinary income           Net income
Previous projections (A)                                 897,000               31,500               19,000

(Announced on April 26, 2005)
New projections (B)                                      924,000               39,100               24,000
Amount changed                                            27,000                7,600                5,000

(B - A)
% of change                                                 3.0%                24.1%                26.3%
Actual performance from April 1, 2004 to                 893,819               30,026               10,263
March 31, 2005 (FY2005)



3.   Reasons for the Amendments





The prospective figures of the non-consolidated business performance of the
Fiscal Year 2006 (the interim period and full year) were announced previously in
April 2005.  As the sales of trucks in Japan increased, the net revenues are now
expected to increase by 6.3% for the interim period and by 3.0% for the full
year, from the previously announced projected figures.

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



Hino Motors, Ltd. applied to delist its shares from the Osaka Securities
Exchange, the Fukuoka Stock Exchange and the Sapporo Securities Exchange on
September 22, 2005.  The dates of delisting are expected to be November 14, 2005
for the Osaka Securities Exchange, November 4, 2005 for the Fukuoka Stock
Exchange and November 6, 2005 for the Sapporo Securities Exchange.






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