NISSIN FOODS Group Today

The NISSIN FOODS Group, as a leading food conglomerate from Japan, not only focuses on instant noodles but also operates a diverse range of food-related businesses both domestically and internationally. We will continue to grow by developing our brand strategy in each region, aiming to become a leading company that fills the world with the joy and pleasure of food.

Financial Highlights

In FY 3/2023, bolstered by strong overseas performance and solid domestic demand, revenue for the NISSIN FOODS Group rose by 17.5% to 669.2 billion yen. Core operating profit from existing businesses increased by 21.5% to 60.2 billion yen, with the core operating profit margin of existing businesses up by 0.3 percentage points to 9.0%.

Both revenue and profits at each stage hit record highs, resulting in double-digit percentage growth year-over-year on a consolidated basis.

FY 3/2023 Financial Results

Financial Performance

Revenue

Operating Profit/Core Operating Profit^*

Operating profit is shown for FY 3/2019 and FY 3/2020

FINANCIAL AND NON-FINANCIAL HIGHLIGHTS

Composition of Revenue & Core Operating Profit by Segment

In FY 3/2023, the significant expansion of our overseas operations resulted in a marked rise in the proportion of overseas businesses within our segment-by-segment business composition ratio. Core operating profit has balanced out to approximately 50% for both domestic and overseas businesses due to the expansion of profit scale in overseas operations, particularly in the U.S.