Nissin Foods (2897) Q1 2025 earnings summary

Executive summary

• Revenue rose 11.2% year-over-year to ¥185.0 billion, with core operating profit up 5.1% and profit attributable to owners up 13.1%.

• Growth was driven by strong domestic and overseas performance, core noodle sales, new product launches, and product mix improvements.

• All major business segments—domestic instant noodles, non-instant noodles, and overseas—reported increased revenue and profit.

• The company continues to invest in new businesses and pursue its Mid- to Long-Term Growth Strategy 2030.

Financial highlights

• Revenue: ¥185.0 billion (+11.2% YoY); core operating profit: ¥23.3 billion (+5.1% YoY); operating profit: ¥21.9 billion (+4.7% YoY).

• Profit attributable to owners: ¥15.9 billion (+13.1% YoY); core OP margin: 12.6%; OP margin: 11.8%.

• Gross profit margin improved, with gross profit at ¥67,055 million (up from ¥57,984 million a year ago).

• Basic earnings per share increased to ¥52.46 from ¥46.15 year-over-year.

• Domestic business revenue up 7.1% YoY; overseas business revenue up 18.4% YoY.

Outlook and guidance

• Full-year FY 3/2025 revenue projected at ¥785.0 billion (+7.1% YoY), with core operating profit of existing businesses expected to rise 5.0% to ¥84.6 billion.

• Profit attributable to owners is projected at ¥54,500–57,500 million, with basic EPS of ¥179–189.

• Record highs targeted for both revenue and profit at each stage; investment in new businesses planned at 5–10% of core operating profit.

• Guidance unchanged from previous announcement; company plans active investment in new businesses.