Profit was 307 billion yen ($2.31 billion) in the three months to the end of June, compared with an estimated average profit of 289 billion yen from seven analysts surveyed by Refinitiv.

($1 = 132.9000 yen)

(Reporting by Sam Nussey; Additional reporting by Nivedita Balue; Editing by Stephen Coates and Edmund Klamann)