TOKYO, May 11 Reuters Japan39;s Honda Motor Co on Thursday forecast a 19.1 rise in operating profit for this business year, after it missed analysts39; estimates in the fourth quarter.

Japan39;s secondbiggest automaker forecast fullyear operating profit rising to 1.0 trillion yen 7.40 billion compared with a 985.62 billion yen average profit expected by 21 analysts. It said it expected higher sales volume and to benefit from a strengthening supply chain.

Operating profit for the three months to Mar. 31 stood at 105.5 billion yen, compared to an average estimate of 164.78 billion yen in a poll by 11 analysts by Refinitiv.

1 135.0500 yen

Reporting by Daniel Leussink; Editing by David Dolan

Source Reuters