NIPPN has announced plans to strengthen its food business centered on Ohmy as it marks its 130th anniversary. The company plans to establish new plants in Aichi in 2026 and Kagoshima in 2027, open a research and development center in Yokohama, and expand shareholder returns.
NIPPN has marked its 130th anniversary by setting out its approach to developing its food business around the Ohmy Premium pasta brand. The company’s initiatives aimed at achieving well-being and a sustainable society, centered on Mochitto Oishii Spaghetti, were also introduced.
The Mochitto Oishii Spaghetti series, launched in 2024, is reported to have surpassed cumulative sales of 150 million servings. The company’s food business is expanding against the backdrop of the popularity of the Ohmy brand.
As part of its future investment, NIPPN plans to build a new flour mill in Aichi in 2026, a new frozen-food plant in Kagoshima in 2027, and a research and development center in Yokohama. Annual dividends per share have increased from ¥30 in FY2017 and are expected to reach ¥68 in FY2025.
Shareholder benefits will be expanded from the current threshold of 200 shares to 100 shares. Shareholders who have held their shares continuously for at least 6 months will be eligible to receive benefits according to the number of shares held.