Nissin Foods lowers full-year profit and revenue outlook on rising costs, weak sales

Nissin Foods Holdings Co., Ltd. announced a downward revision to its consolidated financial forecast for the fiscal year ending March 31, 2026. The company now expects revenue of 792,000 million yen, a 2.2% decrease from its initial forecast, and core operating profit of existing businesses at 68,500 million yen, an 18.1% decrease. Profit attributable to owners of the parent is projected to be 43,000 million yen, down 23.2% from the initial plan. This revision is primarily attributed to rising raw material costs in domestic operations, a shift towards lower-priced products in the domestic instant noodles business due to increased consumer demand, and sluggish sales in the United States.

For the six months ended September 30, 2025 (H1 FY3/2026), the company reported revenue of 373,240 million yen, a 1.3% decrease year-on-year, and core operating profit of existing businesses at 34,805 million yen, down 21.9%. Operating profit decreased by 23.6% to 31,821 million yen. Domestic instant noodles revenue increased by 2.1%, but profit declined due to higher raw material costs. Overseas business revenue decreased by 7.7%, mainly impacted by lower sales volume in the U.S. and the effects of yen appreciation.

Nissin Foods Holdings also announced that its "KANZEN MESHI" brand aims to become a 10 billion yen brand by FY2026, with sales reaching 7 billion yen in FY2025. The brand is expanding into retail delicatessens and employee cafeterias, with test sales of cup-type rice products in Germany and planned market entry in the UK.