U.S. toy exports to Japan are expected to increase.

The Toy Manufacturers of America said it signed a three-year agreement with the Japan Toy Assn. that is expected to increase the value of U.S. toy exports to Japan to about $14.4 million in 1988 from about $6 million in 1985. Japanese toy exports to the United States last year totaled about $227 million, according to Douglas Thomson, president of the Toy Manufacturers of America.