Nissin Foods Holdings Co., Ltd. · TSE:2897
Nissin Foods — Q1 FY3/2025 Earnings Presentation
21 slides from Nissin Foods's earnings presentation, Aug 6, 2024
Slide 1: Financial Results for FY 3/2025 Q1
Financial Results for FY 3/2025 Q1 August 6, 2024 NISSIN FOODS HOLDINGS CO., LTD. (TSE Stock Code: 2897) Financial Results Presentation: August 6, 2024
Slide 2: Today's Points
Today's Points Point 1: FY 3/2025 Q1 Financial Results Revenue and core operating profit of existing businesses increased by 11.2% and 5.1% year on year, respectively. ➢ Domestic Instant Noodles Business: Increase in revenue and profit NISSIN FOOD PRODUCTS saw a recovery of regular product sales due
Slide 3: FY 3/2025 Q1 Consolidated Financial Summary
FY 3/2025 Q1 Consolidated Financial Summary Institutional accounting basis Constant currency basis Bil. yen YoY change YoY change FY 3/2025 FY 3/2025 Q1 Q1 Amount Ratio Amount Ratio Revenue 185.0 + 18.6 + 11.2% 177.8 + 11.3 + 6.8% Core operating profit 23.3 + 1.1 + 5.1% 22.2 + 0.1 + 0.3% of existing
Slide 4: Analysis of Core OP of Existing Businesses
Analysis of Core OP of Existing Businesses (Bil.Yen) Domestic (1.4), Overseas (1.1) Domestic：- ) Increase in raw material costs etc. Domestic and Overseas : +) Price revisions etc. Overseas：+) Decrease in raw material costs etc. - ) Increase in distribution cost in the Americas etc. YoY Overseas +1.
Slide 5: Financial Summary by Segment
Financial Summary by Segment • Domestic business revenue increased, with profit growth of +10% range YoY. Overseas business revenue increased, securing higher profits due to the forex effect. Domestic Domestic Instant Noodles Business Non-Instant Noodles Business Overseas Business Revenues increased
Slide 6: Revenue Results by Segment
Revenue Results by Segment • Consolidated revenue increased mainly due to 10% level growth of Domestic Non-Instant Noodles and Overseas Business. Institutional accounting basis Constant currency basis Bil. yen FY 3/2025 YoY change FY 3/2025 YoY change Q1 Amount Ratio Q1 Amount Ratio NISSIN FOOD PROD
Slide 7: Core OP Results by Segment
Core OP Results by Segment • Domestic Business drove the overall growth, resulting in mid-single digit profit growth. FY 3/2025 Q1 Institutional accounting basis FY 3/2025 3/2024 Q1 Constant currency basis Bil. yen Other Income YoY change YoY change OP and Expenses Core OP Core OP Amount Ratio Amoun
Slide 8: Status of Our Businesses
Status of Our Businesses 7
Slide 9: Domestic Instant Noodles Business
Domestic Instant Noodles Business • Core brands and new products drove sales, achieving revenue and profit growth despite rising material costs, etc. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 350 NISSIN FOOD PRODUCTS (+4%) 300 Cup type : Sales of mainstay products such as CUP NOODLE, NISSIN NO DONBEI,
Slide 10: Domestic Non-Instant Noodles Business
Domestic Non-Instant Noodles Business • York saw strong performance from lactobacillus beverages PILKUL 400 and TOKACHI DRINK YOGURT, while KOIKE-YA's core products continued to perform well, contributing to revenue growth. Despite increased marketing costs, overall business profit increased. Revenu
Slide 11: The Americas
The Americas • Strengthening propositions and promotion on high-value-added products, and production recovery in Brazil, led to revenue growth. Profit decreased YoY due to increased expenses, while surpassed Q1 plan. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 200 U.S. : Increased due to strengthening of
Slide 12: China (incl. H.K.)
China (incl. H.K.) • Hong Kong struggled due to changes in consumer behavior, while cup type noodles in mainland China drove sales, resulting in increased revenue and profit. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 Hong Kong and : Recovering sales volume of bag type noodles, increased sales 80 70 oth
Slide 13: Asia
Asia • Revenue and profit increased due to equity method gains. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 By descending order of revenue 25 20 形式：拡張メタファイル India ：Increased (Forex impact +0.2 Bil. yen ) 倍率：100％ 15 横位置：2.50cm Thailand ：Increased (Forex impact +0.1 Bil. yen) 縦位置：6.00cm 10 Singapore ：Incre
Slide 14: EMEA
EMEA • Revenue growth trend continued in the fast-growing instant noodles market. Revenue (Bil. Yen) FY 3/2024 FY 3/2025 30 25 • Soba and Demae Ramen brands continued to perform well 20 • Increased mainly in the U.K. (Forex impact +0.6 Bil. yen) 15 10 5 5.2 6.2 23.3 26.0 0.0 0 Q1 FY3/2024 FY3/2025 R
Slide 15: Appendix
Appendix 14
Slide 16: 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 17: 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 18: Revenue and Volume in the Americas and Overseas (YoY)
Revenue and Volume in the Americas and Overseas (YoY) FY3/2025 Plan Base products: + low-single digit % Premium products: +10% level FY 3/2025 Plan Apr. - Jun. Jul. - Sep. Oct. - Dec. Jan. - Mar. Apr. - Jun. (Apr. - Mar.) YoY Revenue Volume Revenue Volume Revenue Volume Revenue Volume Revenue Volume
Slide 19: Major Price Revisions (Domestic)
Major Price Revisions (Domestic) FY 3/2020 ~ FY 3/2022 FY 3/2023 FY 3/2024 FY 3/2025 NISSIN FOOD Business Noodles Instant PRODUCTS MYOJO FOODS Jun. 2019 (NISSIN FOOD 4-8%、 Jun.(NISSIN FOOD 5-12%、 Jun. (NISSIN FOOD 10-13% MYOJO 3-7%) MYOJO 6-12%) MYOJO 9-12%) CHILLED Chilled / frozen foods FOODS and
Slide 20: 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. May (Bag, Cup) Jan. (Bag, Cup) Aug. Average 36% Apr. 2019 (Bag, Cup) The Americas (Bag, Cup) Brazil May 2020 Nov. 2020 Feb. 2021 Jul. (Bag) Feb. (Bag, Cup) May (Bag, Cup) Jun. (Bag, Cup) Jul. (Bag) (B
Slide 21: • 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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