UPDATE 1-Toyota Q1 operating profit may be down 11 pct-paper

Newswire

(Adds background, Honda results, share price) TOKYO, July 30 (Reuters) - Toyota Motor Corp is likely to report an 11 percent fall in operating profit in the first quarter of the business year, hit by a stronger yen, the Nihon Keizai newspaper said on Wednesday. Without citing sources, the paper said Japan's top auto maker was likely to report a group operating profit of 330 billion yen ($2.75 billion) for the April-June period on sales of 3.95 trillion yen, under U.S. accounting rules. ...

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