Worth reading
87Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-129
¥100 million (year-on-year change in core operating profit from existing businesses)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFY2025 full year15 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,881 hundred million+1.5%
Operating profit¥623 hundred million-16.2%
Net income¥454 hundred million-17.5%
Operating profit margin7.9 %
Results for the three months of the current quarter
Q4 FY2025
Core operating profit from existing businesses
¥122 hundred million-24.0%
Full-year earnings forecast
Revenue
¥8,600 hundred million
Core operating profit from existing businesses
¥735 hundred million
Operating profit
660～695
Profit attributable to owners of the parent
455～480
EPS
159～167
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Finished above the revised planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue and selling expense ratio96
Cost of sales ratio and logistics cost ratio-118
Fixed Costs-53
Equity-Method Income and Loss-7
Foreign Exchange5
Other-52
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
USDJPY
Fiscal 2026 Plan155
FY2025 actual150.77
Q1 Middle East situation: crude oil
100 USD/bbl
Q1 Middle East situation: foreign exchange
158 USDJPY
New initiatives
- Make a full-scale entry into the Japanese Ramen product category in the U.S.
- Launch major new products in the Premium segment
- Begin operational reform and BPR around SCM in Brazil
- Strengthen the top management and marketing, FP&A and supply chain organizations of Nissin Foods USA and RHQ-Americas
- Present the Americas region separately as North and Central America and South America
Key KPIsA metric the company considers important as a management benchmark.
ROE
5.9 %
Total payout ratio
88 %
Payout ratio
44 %
Net Debt／EBITDA
-0.5 times
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Nissin Foods April
Mid-single-digit increase year on year
Unit priceMid-single-digit increase year on year
Number of versions100%
U.S. business
Number of versionsProgress ahead of the market
Retail pricePrice revisions have taken hold
Segment results
Nissin Foods
Revenue
¥2,419 hundred million+1.3%
Core operating profit from existing businesses
¥326 hundred million-3.9%
Myojo Foods
Revenue
¥483 hundred million+6.5%
Core operating profit from existing businesses
¥34 hundred million+9.6%
Total domestic instant noodles
Revenue
¥2,902 hundred million+2.1%
Core operating profit from existing businesses
¥360 hundred million-2.8%
Chilled foods and beverages business
Revenue
¥1,042 hundred million+2.8%
Core operating profit from existing businesses
¥78 hundred million-9.6%
Confectionery Business
Revenue
¥959 hundred million+3.8%
Core operating profit from existing businesses
¥57 hundred million-1.2%
Total domestic non-instant-noodle businesses
Revenue
¥2,001 hundred million+3.3%
Core operating profit from existing businesses
¥135 hundred million-6.2%
Other domestic operations
Revenue
¥94 hundred million+20.6%
Core operating profit from existing businesses
¥-9 hundred million
Total domestic businesses
Revenue
¥4,998 hundred million+2.9%
Core operating profit from existing businesses
¥485 hundred million-8.7%
Americas region
Revenue
¥1,637 hundred million-2.9%
Core operating profit from existing businesses
¥105 hundred million-34.6%
China region
Revenue
¥749 hundred million+2.0%
Core operating profit from existing businesses
¥90 hundred million+7.5%
Asia region
Revenue
¥226 hundred million-2.8%
Core operating profit from existing businesses
¥70 hundred million-12.6%
EMEA region
Revenue
¥271 hundred million+6.1%
Core operating profit from existing businesses
¥89 hundred million+1.4%
Total overseas businesses
Revenue
¥2,884 hundred million-0.8%
Core operating profit from existing businesses
¥353 hundred million-14.1%
Medium-term management plan targets
ROE
FY203015 %
Growth rate of core operating profit from existing businessesMid-single-digit (constant exchange rates, organic)
Next Milestone
Sales¥10,000 hundred million
Core operating profit from existing businesses¥1,000 hundred million
Financial targets
ROE15% by 2030 and 10% over the long term
Net Debt／EBITDANo more than 2x under normal conditions and no more than 3x during M&A
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Q1 Middle East situation: supply chain-related cost increases
Approximately ¥2.5 billion
DetailsHigher costs for supplies, utilities and logistics
Market Size / Share
U.S. instant noodle marketApproximately ¥800 billion
U.S. ramen restaurant marketApproximately ¥500 billion
Japanese ramen restaurant marketApproximately ¥800 billion
Nissin Brazil unit share
CY201660.8 %
CY202565.1 %
Nissin Brazil value share
CY201668.9 %
CY202576.6 %
Capital expenditures
¥740 100 million fiscal 2026 plan
Annual Dividend
¥70 per share
Payout ratio
44 %
Total payout ratio
88 %
Acquisition of treasury shares
¥200 hundred million
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | FY2025 full year |
| Net Sales | ¥7,881 hundred million (YoY +1.5%) |
| Operating profit | ¥623 hundred million (YoY -16.2%) |
| Net income | ¥454 hundred million (YoY -17.5%) |
| Operating profit margin | 7.9 % |
| Results for the three months of the current quarter | Subject Q4 FY2025 / Core operating profit from existing businesses ¥122 hundred million (YoY -24.0%) |
| Full-year earnings forecast | Revenue ¥8,600 hundred million / Core operating profit from existing businesses ¥735 hundred million / Operating profit 660～695 / Profit attributable to owners of the parent 455～480 / EPS 159～167 |
| Self-assessment against the plan | Finished above the revised plan |
| Segment results | Nissin Foods Revenue ¥2,419 hundred million (YoY +1.3%) / Core operating profit from existing businesses ¥326 hundred million (YoY -3.9%) / Myojo Foods Revenue ¥483 hundred million (YoY +6.5%) / Core operating profit from existing businesses ¥34 hundred million (YoY +9.6%) / Total domestic instant noodles Revenue ¥2,902 hundred million (YoY +2.1%) / Core operating profit from existing businesses ¥360 hundred million (YoY -2.8%) / Chilled foods and beverages business Revenue ¥1,042 hundred million (YoY +2.8%) / Core operating profit from existing businesses ¥78 hundred million (YoY -9.6%) / Confectionery Business Revenue ¥959 hundred million (YoY +3.8%) / Core operating profit from existing businesses ¥57 hundred million (YoY -1.2%) / Total domestic non-instant-noodle businesses Revenue ¥2,001 hundred million (YoY +3.3%) / Core operating profit from existing businesses ¥135 hundred million (YoY -6.2%) / Other domestic operations Revenue ¥94 hundred million (YoY +20.6%) / Core operating profit from existing businesses ¥-9 hundred million / Total domestic businesses Revenue ¥4,998 hundred million (YoY +2.9%) / Core operating profit from existing businesses ¥485 hundred million (YoY -8.7%) / Americas region Revenue ¥1,637 hundred million (YoY -2.9%) / Core operating profit from existing businesses ¥105 hundred million (YoY -34.6%) / China region Revenue ¥749 hundred million (YoY +2.0%) / Core operating profit from existing businesses ¥90 hundred million (YoY +7.5%) / Asia region Revenue ¥226 hundred million (YoY -2.8%) / Core operating profit from existing businesses ¥70 hundred million (YoY -12.6%) / EMEA region Revenue ¥271 hundred million (YoY +6.1%) / Core operating profit from existing businesses ¥89 hundred million (YoY +1.4%) / Total overseas businesses Revenue ¥2,884 hundred million (YoY -0.8%) / Core operating profit from existing businesses ¥353 hundred million (YoY -14.1%) |
| Breakdown of Factors Affecting the Change | Revenue and selling expense ratio 96 / Cost of sales ratio and logistics cost ratio -118 / Fixed Costs -53 / Equity-Method Income and Loss -7 / Foreign Exchange 5 / Other -52 |
| Key KPIs | ROE 5.9 % / Total payout ratio 88 % / Payout ratio 44 % / Net Debt／EBITDA -0.5 times |
| Unit price and quantity metrics | Nissin Foods April Amount Mid-single-digit increase year on year / Unit price Mid-single-digit increase year on year / Number of versions 100% / U.S. business Number of versions Progress ahead of the market / Retail price Price revisions have taken hold |
| Assumptions Underlying the Business Outlook | USDJPY Fiscal 2026 Plan 155 / FY2025 actual 150.77 / Q1 Middle East situation: crude oil 100 USD/bbl / Q1 Middle East situation: foreign exchange 158 USDJPY |
| Risk amount incorporated into the outlook | Q1 Middle East situation: supply chain-related cost increases Approximately ¥2.5 billion |
| Medium-term management plan targets | ROE FY2030 15 % / Growth rate of core operating profit from existing businesses Mid-single-digit (constant exchange rates, organic) / Next Milestone Sales ¥10,000 hundred million / Core operating profit from existing businesses ¥1,000 hundred million |
| Financial targets | ROE 15% by 2030 and 10% over the long term / Net Debt／EBITDA No more than 2x under normal conditions and no more than 3x during M&A |
| Annual Dividend | ¥70 per share |
| Payout ratio | 44 % |
| Acquisition of treasury shares | ¥200 hundred million |
| Capital expenditures | ¥740 100 million (fiscal 2026 plan) |
| Market Size / Share | U.S. instant noodle market Approximately ¥800 billion / U.S. ramen restaurant market Approximately ¥500 billion / Japanese ramen restaurant market Approximately ¥800 billion / Nissin Brazil unit share CY2016 60.8 % / CY2025 65.1 % / Nissin Brazil value share CY2016 68.9 % / CY2025 76.6 % |
| New initiatives | Make a full-scale entry into the Japanese Ramen product category in the U.S., Launch major new products in the Premium segment, Begin operational reform and BPR around SCM in Brazil, Strengthen the top management and marketing, FP&A and supply chain organizations of Nissin Foods USA and RHQ-Americas, Present the Americas region separately as North and Central America and South America |
Items this document does not state (8)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesOrders received and order backlogKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cited the deterioration in the balance between costs and top-line growth, which remained in the low-single digits, lower revenue from the U.S. business, higher raw material and supplies prices, and increases in depreciation and amortization and SG&A expenses as factors behind the decline in profit.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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