Net income expanded 12% to RMB 2,189,308,000 ($330.7 mm) in the first half from RMB 1,962,223,000 last year, on 22% higher revenues of RMB 12,408,665,000 ($1,874.4 mm) up from RMB 10,196,584,000.

Net income plunged 73% to $2,478,895 in the fiscal first quarter ended June 30, from $9,198,915 last year, as total revenues grew 37% to $60,756,026 from $44,476,332 helped by the addition of GunBroker.

Net income attributable to shareholders dropped 55% to ¥5,226 million ($40.3 mm) in the fiscal year ended June 30 from a record high of ¥11,488 last year, on flat revenues of ¥232,332 ($1,791.3 mm) versus ¥233,215.

The multi-banner Japanese retailer’s net income was up 53% in its fiscal first quarter ended June 30 to ¥3,177 million ($24.5 mm) against ¥2,080 million on sales that increased 10% to ¥61,463 million ($473.9 mm) from ¥55,973 million.

Asics expects net sales in North America to hit ¥106.0 billion ($817 mm) this year, not ¥123.5 billion, which we reported last week. The ¥123.5 billion revenue guidance was for Europe.