Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q3 FY3/2025 Earnings Presentation
22 slides from Nissin Foods's earnings presentation, Feb 5, 2025
Slide 1: Financial Results for FY 3/2025 Q3
Financial Results for FY 3/2025 Q3 February 5, 2025 NISSIN FOODS HOLDINGS CO., LTD. (TSE Stock Code: 2897) Financial Results Presentation: February 5, 2025
Slide 2: Today's Points
Today's Points ◼ Core operating profit of existing businesses surpassed the internal plan despite a YoY decrease, aiming to achieve the full-year plan Point 1: 3/2025 Q3 (Apr.-Dec.) Financial Results • Revenue increased by 6% YoY, with all businesses showing growth. Core operating profit of existing
Slide 3: FY 3/2025 Q3 Consolidated Financial Summary
FY 3/2025 Q3 Consolidated Financial Summary Institutional accounting basis Constant currency basis Bil. yen FY 3/2025 YoY change FY 3/2025 YoY change Q3 Q3 (Apr.-Dec.) Amount Ratio (Apr.-Dec.) Amount Ratio Revenue 582.3 + 33.4 + 6.1% 575.2 + 26.3 + 4.8% Core operating profit 67.4 (5.4) (7.4%) 66.0 (
Slide 4: Analysis of Core OP of Existing Businesses
Analysis of Core OP of Existing Businesses Domestic (1.9), Overseas (3.8) Domestic: -) Increase in promotional cost etc. Domestic and overseas: +) Price revision, increase in volume, etc. △6 Overseas Overseas: -) Increase in general administrative expenses and depreciation etc. (Bil. Yen) + 11.1 YoY
Slide 5: Analysis of Core OP of Existing Businesses (quarterly basis)
Analysis of Core OP of Existing Businesses (quarterly basis) (Bil. Yen) Q1 Q3 Domestic (2.0) YoY + 6.8 Overseas (1.8) Domestic (1.5) +1.1 Overseas (2.5) (2.5) + 1.1 +5% + 1.8 YoY (3.7) (0.2) (0.3) (2.4) + 0.2 + 0.1 + 0.1 (9%) Domestic +4.8 Overseas (2.0) (4.0) (0.4) 22.2 Domestic (1.4) Mareven (0.5)
Slide 6: Financial Summary by Segment
Financial Summary by Segment • Consolidated revenue increased by 6% YoY, with growth in all businesses. • Domestic business achieved higher profit despite increased costs. Overseas business saw a decline in profit, mainly due to the Americas business. Domestic Domestic Instant Noodles Business Non-I
Slide 7: Revenue Results by Segment
Revenue Results by Segment ・Revenue increased in all businesses, performed well Institutional accounting basis Constant currency basis Bil. yen FY 3/2025 YoY change FY 3/2025 YoY change Q3 Q3 (Apr.-Dec.) Amount Ratio (Apr.-Dec.) Amount Ratio NISSIN FOOD PRODUCTS 180.1 + 3.0 + 1.7% 180.1 + 3.0 + 1.7%
Slide 8: Core OP Results by Segment
Core OP Results by Segment • Profit decreased mainly due to upfront investment in the U.S. business and lower profits at equity-method affiliates in Europe. FY 3/2025 Q3 (Apr.-Dec.) FY 3/2025 Q3 (Apr.-Dec.) Institutional accounting basis Constant currency basis Bil. yen Other Income YoY change YoY c
Slide 9: Status of Our Businesses
Status of Our Businesses 8
Slide 10: Domestic Instant Noodles Business
Domestic Instant Noodles Business • Profit slightly decreased due to increased material costs etc. despite core brands performed well. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 NISSIN FOOD PRODUCTS (Apr.-Dec. +2%) 140.0 350 Cup type : Sales of mainstay products such as CUP NOODLE, NISSIN NO DONBEI, and
Slide 11: Domestic Non-Instant Noodles Business
Domestic Non-Instant Noodles Business • YORK saw its strong performance of PILKUL 400. High-value-added products of KOIKE-YA and cereal products of CISCO also performed well. All contributed to the growth. Overall business profit increased despite increase of raw material costs and marketing costs.
Slide 12: The Americas
The Americas • Revenue (Apr.-Dec.) increased YoY mainly due to Brazil business, where production is recovering, despite lower sales volume in the U.S. business. Profit decreased due to increased costs. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 U.S. Apr.-Dec. : Increased partly due to forex impact despi
Slide 13: China (incl. H.K.)
China (incl. H.K.) • Revenue and profit increased in the segment as a whole. Sales growth was driven by cup-type products in Mainland China. Mainstream bag-type products in Hong Kong returned to a recovery trend. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 30.0 Hong Kong and Apr.-Dec. : Sales volume incr
Slide 14: Asia
Asia • Revenue increased, and profit also increased, in addition to the contribution of equity method gains. In Thailand, high-value-added bag-type noodles performed well. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 10.0 30 By descending order of revenue 8.0 25 Thailand Apr.-Dec. : Increased (Forex impac
Slide 15: EMEA
EMEA • Revenue continued to increase in the rapidly growing instant noodles market, but profit decreased mainly due to profit decline in equity method Mareven. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 10.0 30 8.0 25 20 6.0 EMEA Apr.-Dec. : Increased (Forex impact +1.0 Bil. yen) 15 • All three major br
Slide 16: Appendix
Appendix 15
Slide 17: FY 3/2025 Full-Year Earnings Plan
Disclosed on May 13, 2024 Reprinted materials from "Financial Results for FY 3/2024" FY 3/2025 Full-Year Earnings Plan • We aim for revenue growth of 7.1% YoY and core operating profit of existing businesses is projected to increase by 5.0% YoY to 84.6 billion yen. • We also aim for record highs in
Slide 18: FY 3/2025 Plan by Segment
Disclosed on May 13, 2024 Reprinted materials from "Financial Results for FY 3/2024" FY 3/2025 Plan by Segment Revenue (IFRS) Core Operating Profit (Non-GAAP) Bil. Yen FY 3/2025 FY 3/2024 Results FY 3/2025 FY 3/2024 Results Plan Revenue YoY change Plan Core OP YoY change NISSIN FOOD PRODUCTS 241.5 2
Slide 19: Revenue and Volume in the Americas and Overseas (YoY)
Revenue and Volume in the Americas and Overseas (YoY) Base products : +low-single digit % Premium products : +10% level FY3/2024 FY3/2025 Q3 Q4 Q1 Q2 Q3 FY3/2025 (Oct.-Dec.) (Jan.-Mar.) (Apr.-Jun.) (Jul.-Sep.) (Oct.-Dec.) Plan YoY Revenue* Volume Revenue* Volume Revenue* Volume Revenue* Volume Reven
Slide 20: Major Price Revisions (Domestic)
Major Price Revisions (Domestic) FY 3/2020 ~ FY 3/2022 FY 3/2023 FY 3/2024 FY 3/2025 FY 3/2026 Business Noodles NISSIN FOOD Instant PRODUCTS Jun. 2019 (NISSIN FOOD 4-8%、 Jun.(NISSIN FOOD 5-12%、 Jun. (NISSIN FOOD 10-13% Apr. (NISSIN FOOD, Cup rice 11%) MYOJO FOODS MYOJO 9-12%) MYOJO 3-7%) MYOJO 6-12%
Slide 21: Major Price Revisions (Overseas)
Major Price Revisions (Overseas) FY 3/2020 – FY 3/2021 FY 3/2022 FY 3/2023 FY 3/2024 FY 3/2025 U.S. Apr. 2019 (Bag, Cup) May (Bag, Cup) Jan. (Bag, Cup) Aug. Average 36% The Americas (Bag, Cup) Brazil May 2020 Nov. 2020 Feb. 2021 Jul. (Bag) Feb. (Bag, Cup) May (Bag, Cup) Jun. (Bag, Cup) Jul. (Bag) Fe
Slide 22: • These presentation materials are available in PDF format at our official website, under
Company plans, business forecasts, strategies, and other information contained in this document are based on management judgments derived from information available at the time of this publication. Be aware that these are only future projections, and actual results may differ due to various risks an
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