The Japanese beverage maker Kirin Brewery is expecting an 8% rise in first half profits, an increase from previous estimates of 5% thanks to strong earnings at its pharmaceutical operations and subsidiaries, the Nihon Keizai Shimbun reported, citing unnamed company sources.

The company will release its first-half figures late this month, the report said.

The report said that first half sales rose 3% year-on-year to slightly less than ¥760 billion.