Japanese carmaker Toyota Motor Corporation said on Wednesday that it expects a decrease in its operating income due to unprecedented increases in materials and logistics costs. For fiscal 2023, the company is expecting a profit of ¥2.260 trillion ($170 billion), a decrease from ¥2.850 trillion reported for fiscal 2022. However, it expects sales to increase to ¥33.000 trillion, from ¥31.379 trillion registered during fiscal 2022. For fiscal 2022, despite Covid-19 induced restrictions and limited parts supplies, the group reported a rise in earnings and revenue. For the 12-month period to March …