I had this with a Hilux many years ago, but it was a buckled rotor that time.
When you say you put a dial gauge on the discs, did you check both sides? As in the face AND back of the rotor?
If the fronts are good, you could have an out-of-round drum on the back. Quick way to check would be to block off the pipes to both back wheels. Use a blind rivet in the pipe to the slave cylinder, both sides. If that stops it, it is one of the rears. Next step would be to take the rivet out of one side and check again. That will tell you which side is dodgy.
Another possibility, although a slim one, is that you may have a proportioning valve in the line to the rear brakes. I've seen one type that has a spring and ball bearing in it that only allows fluid past once the pressure is above a certain point, guaranteeing that the fronts get the majority of the braking force. If the spring is failing or there is corrosion or gunge in the valve, it could make it grip and grab, which would feel like pulsing.
This is just a thought, as I don't know what system your Landy has, but I thought I'd mention it just in case.
Greg.