Toyota Motor Corp. of Japan said it...

Toyota Motor Corp. of Japan said it expects to report a sharp drop in its fiscal 1986 profit, due in large part to the appreciation of the Japanese yen . . . Jardine Insurance Brokers Group announced the completion of the acquisition by Jardine Matheson Holdings Ltd. of Los Angeles-based Emett & Chandler Cos. and the establishment of Jardine Emett & Chandler Inc. . . . Ashland Oil’s board voted to increase the quarterly dividend on the company’s common stock to 45 cents per share from 40 cents, payable June 15 to shareholders of record May 27 . . . Libbey-Owens-Ford said it will realize a one-time net gain of about $90 million, which will be reported in the second quarter . . . Marine Midland Bank said it has entered into an agreement with Hertz Corp. to be the nationwide provider of retail financing for Hertz used-car dealerships . . . The Investment Company Institute reported that the assets of the nation’s 361 money-market mutual funds fell $170 million in the latest week, halting a sharp 10-week advance . . . Massey-Ferguson Ltd. said it is changing its corporate name to Varity Corp. . . . Mercedes-Benz of North America reported that it has raised prices on its cars by as much as 4.6%.