Code P1354 for lexus is a VVT System Malfunction (Bank 2) for Lexus... And this fault codes only display the apparent fault that the engine management is seeing. But this can be caused by a number of things in reality.
Personally i'd go for either f the
Lexus auto parts such as Cat failure, or the MAF sensor can sometimes give faults like this. Generally, a fault code won't point to all four lambda sensors, they tend to at least narrow it down to a bank. But, really this should be looked at by a Toyota garage - and i mean one that knows what they are doing! Good luck!!!