Sustainable Growth in the United States and Mexico

「In the overseas instant noodle business, following the price revision implemented in the United States in July 2025, we pursued demand creation through proactive sales measures, including new product launches and marketing activities. However, sales remained below the previous year's level due to the reaction to demand ahead of the previous year's price revision and other factors.」

「In the overseas instant noodle business, the United States implemented a price revision in July 2025. Although consumers continued to economize after the price revision, revenue increased due to the impact of the price revision and efforts to promote sales through new product launches, marketing activities and other proposals. In Mexico, both cup noodles and bagged noodles continued to perform well after the price revision implemented in April 2025. As a result, revenue was ¥248,153 million, up 6.1% year on year, and segment profit was ¥63,607 million, up 14.6%.」

「In the overseas instant noodle business, we implemented price revisions in the United States in July, but sales volume declined because we were unable to conduct effective promotional activities amid consumers' cost-consciousness. In Mexico, cup noodles remained firm and bagged noodles performed well even after the price revisions implemented in April. As a result, sales increased on a U.S. dollar basis, but due to the impact of foreign exchange rates, net sales were ¥115,839 million, down 1.9% year on year. Segment profit also increased on a U.S. dollar basis, as price revisions and other measures offset higher material costs resulting from the conversion to paper cups for packaging and soaring prices for imported raw materials, but due to the impact of foreign exchange rates, segment profit was ¥28,905 million, down 1.3% year on year.」

「In the overseas instant noodle business, growth in the United States slowed in the second half due to economic uncertainty and aggressive sales activities by competitors, but the business was recovering recently and exceeded the prior fiscal year for the full year. In Mexico, cup noodles remained solid and bagged noodles performed well as distribution expanded, despite ongoing price revisions and the transition to paper cups. As a result, revenue was ¥229,276 million, up 3.6% year on year, and segment profit was ¥54,412 million, up 17.5%.」

「In the overseas instant noodle business, sales volumes in the United States had declined in the prior period due to inventory adjustments by certain customers. In the current period, the core Ramen series performed well on promotions and other initiatives, while the Instant Lunch series also remained solid. In Mexico, cup noodles remained solid even after the price revision implemented in April, while bagged noodles performed well as distribution expanded. As a result, revenue was ¥110,541 million, up 4.2% year on year. Segment profit was ¥27,409 million, up 29.2%, as lower material costs and higher sales offset increases in freight, personnel and other expenses.」

「In the overseas instant noodle business, although the United States was affected by inventory adjustments by certain customers during the first quarter of the consolidated fiscal year, order volumes since July have exceeded the prior period, led by the core Instant Lunch series and the Bowl series, which launched new products. In Mexico, both core cup noodle and bagged noodle products performed well, while selling prices rose following the price revisions implemented in the United States and Mexico in October 2022. As a result, revenue was ¥221,229 million, up 24.0% year on year. Segment profit was ¥46,318 million, up 77.4%, as revenue growth and lower material costs, among other factors, offset higher personnel expenses.」

「In the overseas instant noodle business, although the United States was affected by inventory adjustments by certain customers during the first quarter of the consolidated fiscal year, order volumes since July have exceeded the prior period, led by the core Instant Lunch series and the Bowl series, which launched new products. In Mexico, both core cup noodle and bagged noodle products performed well, while selling prices rose following the price revisions implemented in the United States and Mexico in October 2022. As a result, revenue was ¥153,936 million, up 19.4% year on year. Segment profit was ¥31,391 million, up 74.3%, as revenue growth and other factors offset higher personnel expenses.」

「In the overseas instant noodle business, the impact of inventory adjustments by certain customers in the United States during the first quarter of the consolidated fiscal year remained, but order volumes have been recovering since July. In Mexico, both core cup noodle and bagged noodle products performed well, while selling prices rose following the price revisions implemented in the United States and Mexico in October 2022. As a result, revenue was ¥106,073 million, up 19.8% year on year. Segment profit was ¥21,210 million, up 93.6%, as revenue growth and other factors offset higher manufacturing costs resulting from increases in material and personnel expenses.」

「In the overseas instant noodle business, order volumes declined in the United States due to inventory adjustments by certain customers. In Mexico, however, both core cup noodle and bagged noodle products performed well, and revenue also benefited from higher selling prices following the price revisions implemented in the United States and Mexico in October 2022. As a result, revenue was ¥47,468 million, up 14.2% year on year. Segment profit was ¥9,195 million, up 44.0%, as revenue growth and other factors offset higher manufacturing costs resulting from increases in material and personnel expenses.」

「The overseas instant noodle business implemented price revisions due to rising manufacturing costs and other factors. However, demand for instant noodles remained high as consumers continued to economize amid persistently high inflation. In the United States, revenue from bagged noodles increased, led by the core Ramen series, while cup noodles also generated higher revenue as the core Instant Lunch series, along with the Yakisoba and Bowl series, performed well. In Mexico, revenue increased as both the core cup noodle and bagged noodle products performed well. As a result, revenue was ¥128,911 million, up 62.0% year on year, and segment profit was ¥18,010 million, up 130.2%. Although higher prices for key raw materials increased material costs and manufacturing costs rose due to higher personnel expenses and other factors, these were offset by higher sales volumes and revenue growth resulting from the price revisions.」

「The overseas instant noodle business implemented price revisions due to rising manufacturing costs and other factors. However, demand for instant noodles remained high as consumers continued to economize amid persistently high inflation. In the United States, revenue from bagged noodles increased, led by the core Ramen series, while cup noodles also generated higher revenue as the core Instant Lunch series, along with the Yakisoba and Bowl series, performed well. In Mexico, revenue increased as both the core cup noodle and bagged noodle products performed well. As a result, revenue was ¥88,526 million, up 76.8% year on year, and segment profit was ¥10,954 million, up 132.4%. Although higher prices for key raw materials increased material costs and manufacturing costs rose due to higher personnel expenses and other factors, these were offset by higher sales volumes and revenue growth resulting from the price revisions.」

「In the overseas instant noodle business, demand remained higher than before the spread of COVID-19. In the United States, sales of the core packaged noodle “Ramen” series increased, while the core cup noodle “Instant Lunch” series and the “Yakisoba” and “Bowl” series performed well, resulting in higher sales. In Mexico, sales increased as both core cup noodles and packaged noodles performed well. As a result, sales rose 72.0% year on year to ¥41,555 million. Despite higher raw material costs due to rising prices for key ingredients, segment profit rose 119.3% year on year to ¥6,386 million, supported by higher sales.」

「In the United States, the company will step up efforts to strengthen strategies by sales channel. In addition to launching new products, it will strengthen marketing activities aimed at reaching younger consumers. In Mexico, it will continue increasing the market share of cup noodles while strengthening packaged noodle sales.」

「In the overseas instant noodle business, demand remained higher than before the spread of COVID-19. In the United States, sales of the core packaged noodle “Ramen” series increased, while the core cup noodle “Instant Lunch” series and the “Yakisoba” and “Bowl” series performed well, resulting in higher sales. In Mexico, sales increased as both core cup noodles and packaged noodles performed well. As a result, sales rose 20.8% year on year to ¥79,587 million.」

「In the overseas instant noodle business, demand remained higher than before the spread of COVID-19. In the United States, sales of the core packaged noodle “Ramen” series increased, while the core cup noodle “Instant Lunch” series and the “Yakisoba” and “Bowl” series performed well, resulting in higher overall sales despite mixed results by product. In Mexico, sales increased as both core cup noodles and packaged noodles performed well. As a result, sales rose 12.4% year on year to ¥50,058 million.」

「In the overseas instant noodle business, demand remained higher than before the spread of COVID-19. In the United States, the “Yakisoba” and “Bowl” series performed well, but sales of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series declined due in part to the reversal of the sharp demand increase in the previous fiscal year. In Mexico, both core cup noodles and packaged noodles performed well as foreign exchange rates remained stable, resulting in higher sales. As a result, sales rose 2.0% year on year to ¥24,159 million.」

「In the overseas instant noodle business, the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series remained firm in the United States as demand for instant noodles increased due to the spread of COVID-19, resulting in higher sales. In Mexico, despite the impact of the weaker peso, sales increased as packaged noodles performed well and the core cup noodle products also remained firm. As a result, sales rose 5.6% year on year to ¥94,002 million, and segment profit rose 32.1% to ¥16,103 million.」

「In the overseas instant noodle business, demand for instant noodles increased in the United States due to the spread of COVID-19, supporting strong sales volume for the cup noodle “Instant Lunch” series. The core packaged noodle “Ramen” series also remained firm, resulting in higher sales. In Mexico, sales volume of the core cup noodle products fell below the previous year due in part to the weaker peso, but sales increased as packaged noodles performed well and the price revision implemented in January 2020 took effect. As a result, sales rose 0.5% year on year to ¥65,865 million. Despite higher logistics and personnel costs, segment profit rose 34.7% year on year to ¥11,690 million due to controlled promotional expenses and lower advertising and raw material costs.」

「In the overseas instant noodle business, demand for instant noodles increased in the United States due to the spread of COVID-19, and sales volumes of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series remained strong, resulting in higher sales. In Mexico, sales volume of the core cup noodle products fell below the previous year due in part to the weaker peso, but sales increased as packaged noodles performed well and the price revision implemented in January 2020 took effect. As a result, sales rose 6.4% year on year to ¥44,546 million. Despite higher logistics and personnel costs, segment profit rose 49.8% year on year to ¥7,846 million due to controlled promotional expenses and lower advertising and raw material costs.」

「In the overseas instant noodle business, sales in the United States increased as demand for instant noodles rose due to the spread of COVID-19, while initiatives with existing customers were strengthened and sales to new customers expanded. Sales volumes of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series remained strong. In Mexico, sales volume of the core cup noodle products fell below the previous year due in part to the weaker peso, but sales increased as packaged noodles performed well and the price revision implemented in January 2020 took effect. As a result, sales rose 19.8% year on year to ¥23,682 million. Despite higher logistics and personnel costs, segment profit rose 75.2% year on year to ¥4,599 million due to higher sales volume, lower raw material costs and controlled promotional expenses.」

「In the overseas instant noodle business, sales in the United States increased as the company strengthened initiatives with existing customers, expanded sales to new customers, and benefited from higher demand for instant noodles due to the spread of COVID-19. Sales volumes of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series remained strong, resulting in higher sales. In Mexico, sales volume of the core cup noodle products fell below the previous year due in part to the weaker peso, but sales increased as packaged noodles performed well and the price revision implemented in January 2020 took effect. As a result, sales rose 6.9% year on year to ¥65,544 million. Despite higher personnel costs and other expenses, segment profit rose 28.1% year on year to ¥8,682 million due to higher sales volume, controlled promotional expenses, reduced logistics costs and lower raw material costs resulting from lower prices for key ingredients.」

「In the overseas instant noodle business, regular special offers at individual stores of major customers in the United States supported strong sales of the core packaged noodle “Ramen,” cup noodle “Instant Lunch” and “Bowl” series, resulting in higher sales. In Mexico, core cup noodle sales remained firm, while packaged noodles, which the company was promoting more actively, also performed well, resulting in higher sales. As a result, sales rose 2.7% year on year to ¥41,860 million. Despite higher personnel costs and other expenses, segment profit rose 15.6% year on year to ¥5,237 million due to higher sales volume, controlled promotional expenses and reduced logistics costs.」

「In the overseas instant noodle business, sales of the core packaged noodle “Ramen,” cup noodle “Instant Lunch” and “Bowl” series in the United States exceeded the previous year, supported by special offers at individual stores of major customers and increased orders for back-to-school sales. In Mexico, sales of both core cup noodles and packaged noodles, which the company was promoting more actively, remained strong, resulting in higher sales. As a result, sales rose 4.1% year on year to ¥19,761 million. Despite higher raw material and personnel costs, segment profit rose 11.6% year on year to ¥2,624 million due to higher sales volume and control of promotional and logistics costs.」

「In the overseas instant noodle business, the company strengthened in-store promotions, including back-to-school sales and in-store display promotions, as well as marketing activities using social media and other channels in the United States. Sales of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” series remained strong, while the “Yakisoba” series, which received new flavors, and the “Bowl” series, which expanded its presence at major mass retailers, also contributed to higher sales. As a result, sales rose 14.7% year on year to ¥83,786 million.」

「In the overseas instant noodle business, the company strengthened in-store promotions, including back-to-school sales and in-store display promotions, as well as marketing activities using social media and other channels in the United States. Sales of the core packaged noodle “Ramen” and cup noodle “Instant Lunch” products remained strong, while the “Yakisoba” and “Bowl” series, into which new flavors were actively introduced, also contributed to higher sales. In Mexico, orders for the core cup noodle products through wholesale channels remained strong as the local currency exchange rate stabilized, resulting in higher sales. As a result, sales rose 7.4% year on year to ¥61,307 million. Although higher sales volume contributed to profit, segment profit fell 19.4% year on year to ¥6,778 million due to higher raw material, personnel and logistics costs.」

「In the overseas instant noodle business, sales in the United States increased as sales at major customers remained strong following back-to-school promotions, in-store display promotions and other activities. In Mexico, sales increased as packaged noodle sales were strengthened and orders for the core cup noodle products through wholesale channels remained strong. As a result, sales rose 9.9% year on year to ¥40,771 million. Segment profit fell 18.1% year on year to ¥4,528 million due to higher raw material, personnel and logistics costs.」

「In the overseas instant noodle business, sales at major customers in the United States remained strong and increased following sales campaign initiatives and in-store display promotions. In Mexico, sales increased as packaged noodle promotions at mass retailers were strengthened and orders for the core cup noodle products through wholesale channels remained strong. As a result, sales rose 12.3% year on year to ¥18,976 million. Segment profit fell 2.8% year on year to ¥2,352 million due to higher raw material and personnel costs.」

「In the overseas instant noodle business, sales in the United States increased as sales at major customers performed well following active in-store display promotions and other initiatives. In Mexico, sales increased through steady orders via wholesale channels, special offers at major mass retailers, and stronger packaged noodle sales. As a result, sales rose 0.6% year on year to ¥57,061 million. Segment profit fell 10.0% year on year to ¥8,413 million due to higher personnel and transportation costs.」

「In the overseas instant noodle business, we strengthened initiatives with business partners in the United States, and sales volume was broadly in line with the previous year following special promotions for the back-to-school season. In Mexico, sales increased as orders through distributors progressed smoothly and special promotions were conducted at mass retailers. As a result, sales increased 14.0% year on year to ¥37,107 million. Segment profit declined on a local-currency basis due to higher personnel and freight costs, but increased 4.6% year on year to ¥5,528 million due to the weaker yen.」

「In the overseas instant noodle business, we strengthened cooperation with major retailers in the United States and pursued active sales activities, but sales declined as difficult conditions continued in the instant noodle market. In Mexico, as local currency depreciation showed signs of improvement, we actively conducted consumer campaigns and strengthened bagged noodle sales, resulting in higher sales. As a result, sales declined on a local-currency basis but increased 6.3% year on year to ¥16,903 million due to the weaker yen.」

「In the overseas instant noodle business, we stimulated demand in the United States through special promotions at mass retailers and new product launches, but sales declined as difficult sales conditions continued. In Mexico, despite continued local currency depreciation, active promotional activities at mass retailers and other outlets resulted in higher sales.」

「Although difficult sales conditions continued in Mexico as the local currency depreciated, active promotional activities at mass retailers and other outlets resulted in higher sales.」

「In the United States, we conducted active promotional activities, including special promotions at mass retailers and new product launches, amid difficult sales conditions. However, consumer sentiment supported by strong employment and wage growth did not provide a tailwind for the instant noodle category, which continued to contract. In Mexico, although difficult sales conditions continued as the local currency depreciated, sales volumes increased through efforts to expand bagged noodle sales and other measures.」

「Although difficult sales conditions continue in Mexico as the local currency depreciates, sales volumes increased through efforts to expand sales of bagged noodles and other products.」

「Sustainable growth in the United States and Mexico: We will expand the market by implementing new initiatives adapted to changes in the external environment.」