Honda Motor  (HMC - Get Report)  lifted its full-year profit guidance Friday as cost cuts at Japan's third-biggest automaker, coupled with a weaker yen, continue to boost sales.

Honda expects full-year profits of around ¥785 billion ($6.9 billion) for the fiscal year ending in March, a 27% increase from last year and well ahead of the ¥753 billion tally forecast by analysts. The make of the CRV sport utility vehicle expects to shift just over 5 million cars globally in it fiscal year, up from a prior estimate of 4.98 million.