Nissin Foods (2897) Q3 2025 earnings summary

Executive summary

• Revenue for FY 3/2025 Q3 (Apr–Dec) increased by 6.1% year-over-year to 582.3 billion yen, with all business segments contributing to growth.

• Core operating profit of existing businesses decreased by 7.4% year-over-year, but results were in line with internal plans.

• Operating profit declined 11.8% year-over-year to 60.5 billion yen; profit attributable to owners fell 11.2% to 43.6 billion yen.

• Basic earnings per share was 145.33 yen, reflecting a three-for-one stock split effective January 1, 2024.

• The company remains on track to achieve its full-year plan, expecting recovery in U.S. sales and further cost optimization in Q4.

Financial highlights

• Consolidated revenue: 582.3 billion yen (+6.1% YoY); core operating profit: 67.4 billion yen (−7.4% YoY).

• Operating profit: 60.5 billion yen (−11.8% YoY); profit attributable to owners: 43.6 billion yen (−11.2% YoY).

• Gross profit increased to 207.5 billion yen; gross margin for the nine months was approximately 35.6%.

• Cash and cash equivalents at period end were 85.9 billion yen, down from 96.7 billion yen at the previous fiscal year end.

• Cash flows from operating activities were 39.1 billion yen, down from 65.9 billion yen in the prior year period.

Outlook and guidance

• Full-year revenue target: 785.0 billion yen (+7.1% YoY); core operating profit of existing businesses projected at 84.6 billion yen (+5.0% YoY).

• Profit attributable to owners of the parent is expected to be 54.5–57.5 billion yen, with basic EPS of 179–189.

• Record highs in both revenue and profit are targeted at each stage.

• Investment in new businesses planned at 5–10% of core operating profit.