Amendment Subs Prospect(1)

Toyota Motor Corporation
29 October 2003


                                 (Translation)


                                                      Filed on October 28, 2003

To Whom It May Concern:

Company Name:                                 Hino Motors, Ltd.

Name and Title of Representative:             Tadaaki Jagawa, 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 trends 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 25, 2003:


1.           Amendments to the prospective figures of consolidated interim
business performance of Fiscal Year 2004 ending March 31, 2004 (from April 1,
2003 to September 30, 2003)


                            (In millions of yen, %)

                                                       Net sales         Ordinary income     Interim net income

Previous projections (A)                                 470,000               18,000                9,000
(Announced on April 25, 2003)

New projections (B)                                      502,340               23,199               13,946

Amount changed                                            32,340                5,199                4,946
(B - A)

% of change                                                 6.9%                28.9%                55.0%

(Reference)                                              390,135                3,744                3,743
Actual performance of Interim period of
FY2003

2.           Amendments to the prospective figures of consolidated business
performance of Fiscal Year 2004 ending March 31, 2004 (from April 1, 2003 to
March 31, 2004)


                            (In millions of yen, %)

                                                       Net sales         Ordinary income         Net income

Previous projections (A)                                 910,000               29,000               16,000
(Announced on April 25, 2003)

New projections (B)                                    1,000,000               37,500               24,500

Amount changed                                            90,000                8,500                8,500
(B - A)

% of change                                                 9.9%                29.3%                53.1%

Actual performance from April 1, 2002 to                 850,317               16,582                4,959
March 31, 2003 (FY2003)


3.   Reasons for the Amendments


The prospective figures of the consolidated business performance of the Fiscal
Year 2004 were announced in April 2003.  As the sales of trucks in Japan and
exported vehicles for the interim period and full year increased or are expected
to increase, as the case may be, the net sales is expected to increase from the
previous projection.

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange