1st Quarter Results 3/5

Toyota Motor Corporation
03 August 2005

              FY2006 First Quarter Consolidated Financial Results

                     (April 1, 2005 through June 30, 2005)

   (All financial information has been prepared in accordance with accounting
         principles generally accepted in the United States of America)

        English translation from the original Japanese-language document



                                                                  August 3, 2005
Company name                                     : Toyota Motor Corporation
Stock Exchanges on which the shares are listed   : Tokyo, Nagoya, Osaka, Fukuoka and Sapporo

                                                  Stock Exchanges in Japan
Code number                                      : 7203
Location of the head office                      : Aichi Prefecture
URL                                              : http://www.toyota.co.jp
Representative                                   : Katsuaki Watanabe, President
Contact person                                   : Masaki Nakatsugawa, General Manager, Accounting Division

                                                  Tel. [phone]
Whether or not to be prepared in accordance with : Yes
accounting principles generally accepted in the
United States of America



Results of FY2006 first quarter (April 1, 2005 through June 30, 2005)

                                (Amounts are rounded to the nearest million yen)

(1) Consolidated financial results
                                Net revenues                Operating income         Income before income taxes,
                                                                                   minority interest and equity in
                                                                                   earnings of affiliated companies
                           Million yen              %    Million yen             %      Million yen               %
FY2006 first quarter         4,981,785         <10.5>        405,128        <-9.7>          421,860         <-10.3>
FY2005 first quarter         4,510,316         <10.2>        448,620        <31.6>          470,429          <26.7>
FY2005                      18,551,526                     1,672,187                      1,754,637


                                 Net income               Net income per share           Net income per share
                                                                 - Basic                       - Diluted
                           Million yen              %                           Yen                             Yen
FY2006 first quarter           266,899         <-6.9>                         81.80                           81.79
FY2005 first quarter           286,617         <28.8>                         86.24                           86.22
FY2005                       1,171,260                                       355.35                          355.28

Note : Regarding net revenues, operating income, income before income taxes,
minority interest and equity in earnings of affiliated companies and net income,
the figures in parentheses show percentage of changes from the corresponding
period of the preceding year.



(2) Consolidated financial position
                           Total assets       Shareholders' equity         Ratio of         Shareholders' equity
                                                                     shareholders' equity           per share
                                 Million yen            Million yen                      %                     Yen
FY2006 first quarter              25,103,627              9,167,600                   36.5                2,818.97
FY2005                            24,335,011              9,044,950                   37.2                2,767.67










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