Shimano had a strong first half through June 30, with sales up by 16 percent to ¥115.50 billion (€745m-$1.1bn) over the 2007 figure. The net income grew by 24 percent to ¥12.51 billion (€80.8m-$116.1m), and operating income saw an increase of 36 percent to ¥19.51 billion (€126.1m-$181.0m). After the positive results, Shimano revised its guidance for the year, saying now that net income will rise by 2.1 percent to ¥24.5 billion (€158.3m-$227.3m), with a sales increase of nearly 4 percent to ¥233 billion (€1.5bn-$2.2bn).