By Jonathan Davies

Toyota has raised its annual profit forecast after a weaker yen boosted sales.

The world's biggest car manufacturer is now expecting a record operating profit of 2.7 trillion yen ($22.93bn; £15bn), up from forecasts of 2.5tn yen.

It comes despite Toyota recently recalling 1.75 million cars to due brake faults and faulty fuel components.

The weaker yen boosted international sales, despite a slowdown in domestic sales.

"While we expect a reduction in vehicle sales, we are raising our operating income forecast by 200bn yen to 2.7tn yen, factoring in the change in our foreign exchange rate assumption and the progress in our profit improvement activities, such as cost reduction efforts," said managing officer Takuo Sasaki in a statement.

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