2897
NISSIN FOODS HOLDINGS CO.,LTD.
日清食品ホールディングス株式会社
Foods
Nissin Foods Holdings Co.,Ltd., together with its subsidiaries, manufactures and sells instant foods in Japan, the United States, and internationally. It operates through the Nissin Food Products, MYOJO Foods, Chilled and Frozen Foods and Beverages, Confectionery and Snack, The Americas, and China segments. The company's products include instant noodles, bag-type and cup-type noodles, chilled foods, frozen foods, cup-type rice, confectionery, snack, and beverages. It offers its products under Chicken Ramen, Cup Noodle, Cup Noodles Chicken, Demae Iccho, Hé wèi dào, Nissin Premium Bag Korean Hot Chili Chicken, Cup Noodles Mazedaar Masala, and Soba brand names. Nissin Foods Holdings Co.,Ltd. was incorporated in 1948 and is headquartered in Tokyo, Japan.
Price
¥2,676
Market Cap
¥787.2B
Ent. Value
¥829.7B
Net Debt
−¥42.5B
Shares Out.
294.2M
P / E
14.5×
EV / EBIT
11.2×
P / Book
—
P / NCAV
N/M
Div. Yield
2.62%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥776.6B | ¥732.9B | ¥669.2B | ¥569.7B |
| Cost of Sales | ¥503.6B | ¥474.3B | ¥448.2B | ¥375.2B |
| Gross Profit | ¥273.0B | ¥258.6B | ¥221.1B | ¥194.5B |
| SG&A | ¥209.3B | ¥197.3B | ¥173.8B | ¥151.5B |
| Operating Income | ¥74.4B | ¥73.4B | ¥55.6B | ¥46.6B |
| Non-Operating Income | ¥4.2B | ¥4.1B | ¥3.3B | ¥3.1B |
| Interest Income | ¥2.8B | ¥2.6B | ¥2.1B | ¥1.1B |
| Non-Operating Expenses | ¥1.8B | ¥584M | ¥943M | ¥503M |
| Interest Expense | ¥1.3B | ¥584M | ¥689M | ¥487M |
| Pre-tax Income | ¥76.8B | ¥76.9B | ¥58.0B | ¥49.2B |
| Net Income (owners) | ¥55.0B | ¥54.2B | ¥44.8B | ¥35.4B |
| Minority Interest | ¥3.9B | ¥4.5B | ¥3.6B | ¥2.8B |
| Comprehensive Income | ¥53.5B | ¥84.7B | ¥56.3B | ¥58.3B |
| EBITDA | ¥107.6B | — | — | — |
| EPS | ¥184.41 | ¥178.16 | ¥440.83 | ¥343.49 |
| Shares Outstanding | 294.2M | 304.3M | 101.4M | 102.4M |
| Shares Issued (total) | 302.6M | 308.6M | 102.9M | 104.2M |
| Treasury Shares | 8.4M | 4.3M | 1.5M | 1.8M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥848.5B | ¥812.4B | ¥708.4B | ¥683.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥288.3B | ¥304.8B | ¥266.2B | ¥259.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥73.0B | ¥96.7B | ¥87.4B | ¥102.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥560.1B | ¥507.5B | ¥442.2B | ¥423.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥351.8B | ¥315.6B | ¥265.8B | ¥260.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥10.9B | ¥5.8B | ¥5.4B | ¥5.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥14.3B | ¥16.6B | ¥13.7B | ¥12.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥336.6B | ¥277.4B | ¥240.4B | ¥238.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥219.6B | ¥213.5B | ¥184.8B | ¥168.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥38.0B | ¥12.9B | ¥12.9B | ¥13.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥117.0B | ¥63.9B | ¥55.7B | ¥70.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥77.5B | ¥21.9B | ¥23.3B | ¥31.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥14.9B | ¥16.4B | ¥9.4B | ¥14.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥511.9B | ¥535.0B | ¥467.9B | ¥444.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥39.7B | ¥44.1B | ¥43.6B | ¥49.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥381.9B | ¥369.8B | ¥339.1B | ¥299.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-31.0B | ¥-11.3B | ¥-11.4B | ¥-11.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥59.9B | ¥65.6B | ¥34.0B | ¥45.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥475.5B | ¥493.2B | ¥430.4B | ¥407.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥36.4B | ¥41.8B | ¥37.5B | ¥36.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥115.6B | ¥34.9B | ¥36.2B | ¥44.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-42.5B | ¥61.8B | ¥51.2B | ¥57.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-48.2B | ¥27.5B | ¥25.7B | ¥20.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-164 | ¥90 | ¥254 | ¥203 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥1,616 | ¥1,621 | ¥4,245 | ¥3,980 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥57.1B | ¥94.1B | ¥64.8B | ¥52.9B |
| D&A | ¥33.2B | — | — | — |
| Investing CF | ¥-76.7B | ¥-61.9B | ¥-32.1B | ¥-3.5B |
| CapEx | ¥70.7B | ¥62.1B | ¥25.3B | ¥23.8B |
| Financing CF | ¥-591M | ¥-26.3B | ¥-47.7B | ¥-44.4B |
| Free Cash Flow | ¥-13.6B | ¥32.0B | ¥39.5B | ¥29.2B |
| Net Change in Cash | ¥-23.6B | ¥9.3B | ¥-14.6B | ¥11.7B |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 1
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行 株式会社（信託口）
|
35,009 | 11.90% |
| 2 | 公益財団法人 安藤スポーツ・食文化振興財団 | 23,712 | 8.06% |
| 3 |
Mitsubishi Corporation
三菱商事株式会社
|
16,524 | 5.61% |
| 4 |
Itochu Corporation
伊藤忠商事株式会社
|
16,200 | 5.50% |
| 5 | 株式会社安藤インターナショナル | 11,836 | 4.02% |
| 6 |
Japan Custody Bank
株式会社日本カストディ銀行 （信託口）
|
10,614 | 3.60% |
| 7 |
Mizuho Bank
株式会社みずほ銀行 (常任代理人 株式会社日本カストディ銀行）
|
5,061 | 1.72% |
| 8 | 全国共済農業協同組合連合会 （常任代理人 日本マスタートラスト信託銀行株式会社） | 4,777 | 1.62% |
| 9 | 日清共栄会 | 4,757 | 1.61% |
| 10 | 株式会社三菱UFJ銀行 | 4,450 | 1.51% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
15.5%
+2.3% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-1.7% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
29.6%
+2.6% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 45.1% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 11.19% | 10.10% | 11.90% +1.80% | |
| 公益財団法人 安藤スポーツ・食文化振興財団 | 7.79% | 7.79% | 8.06% +0.27% | |
| Mitsubishi Corporation 三菱商事 | 6.18% | 5.43% | 5.61% +0.18% | |
| Itochu Corporation 伊藤忠商事 | 5.32% | 5.32% | 5.50% +0.18% | |
| 式会社安藤インターナショナル | 3.89% | 3.88% | 4.02% +0.14% | |
| Japan Custody Bank 日本カストディ銀行 | 4.07% | 3.11% | 3.60% +0.49% | |
| Mizuho Bank みずほ銀行 | 1.66% | 1.66% | 1.72% +0.06% | |
| 全国共済農業協同組合連合会 NEW ENTRY | — | — | — | 1.62% NEW |
| 日清共栄会 | 1.56% | 1.54% | 1.61% +0.07% | |
| 三菱UFJ銀行 NEW ENTRY | — | — | — | 1.51% NEW |
| State Street last seen 2024 | Exited Top 10 | 1.56% | 1.73% | — |
| MUFG Bank 式会社三菱ＵＦＪ銀行 last seen 2024 | Exited Top 10 | 1.46% | 1.46% | — |
| Concentration (HHI) ⓘ | 294 | 255 | 308 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥44,324M
+3% since 2023
Holdings
43
+5 new
8 exited
Trend
4 unwinding
vs 2023
| Held Company | FY2025 ¥44,324M total | FY2023 ¥43,108M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Itochu Corporation
伊藤忠商事㈱
|
8,767 |
1,270,500
|
5,464 | 1,270,500 | M |
|
Mitsubishi Corporation
三菱商事㈱
|
8,501 |
+200.0%
↑
3,237,000
|
5,126 | 1,079,000 | M |
| サハ・パタナピブルPub.Co.,Ltd. | 4,209 |
16,216,666
|
3,978 | 16,216,666 | |
|
TBS Holdings Co., Ltd.
㈱TBSホールディングス
|
4,127 |
NEW
New
968,000
|
— | M | |
|
ONO PHARMACEUTICAL CO., LTD.
小野薬品工業㈱
|
3,261 |
-31.3%
↓
2,035,300
|
8,187 | 2,962,300 | M |
|
House Foods Group Headquarters Co., Ltd.
ハウス食品グループ本社㈱
|
2,708 |
-10.0%
↓
994,500
|
3,105 | 1,105,000 | M |
|
Seven & i Holdings Co., Ltd.
㈱セブン＆アイ・ホールディングス
|
2,564 |
+200.0%
↑
1,185,552
|
2,361 | 395,184 | |
|
KOKUYO CO.,LTD.
コクヨ㈱
|
1,467 |
-30.0%
↓
514,300
|
1,379 | 734,600 | M |
|
NISSHIN SEIFUN GROUP INC.
㈱日清製粉グループ本社
|
1,435 |
829,256
|
1,286 | 829,256 | M |
|
KAGOME CO.,LTD.
カゴメ㈱
|
1,373 |
467,700
|
1,445 | 467,700 | |
|
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬㈱
|
1,157 |
285,900
|
1,080 | 285,900 | M |
|
NITTO FUJI FLOUR MILLING CO.,LTD.
日東富士製粉㈱
|
693 |
103,600
|
465 | 103,600 | M |
|
KADOYA SESAME MILLS INCORPORATED
かどや製油㈱
|
540 |
-33.3%
↓
150,000
|
798 | 225,000 | M |
|
譬ｪ蠑丈ｼ夂､ｾ繧√�ｶ縺阪ヵ繧｣繝翫Φ繧ｷ繝｣繝ｫ繧ｰ繝ｫ繝ｼ繝�
㈱めぶきフィナンシャルグループ
|
509 |
NEW
New
702,000
|
— | M | |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
409 |
NEW
New
203,850
|
— | M | |
|
United Super Markets Holdings Inc.
ユナイテッド・スーパーマーケット・ホールディングス㈱ （注）３
|
376 |
NEW
New
456,436
|
— | ||
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
351 |
86,676
|
162 | 86,676 | M |
|
LIFE CORPORATION
㈱ライフコーポレーション
|
289 |
+100.0%
↑
150,000
|
193 | 75,000 | |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
228 |
+200.0%
↑
60,330
|
106 | 20,110 | M |
|
TAIYOKAGAKU CO.,LTD.
太陽化学㈱
|
208 |
121,000
|
169 | 121,000 | M |
| エイチ・ツー・オー リテイリング㈱ （注）４ | 173 |
NEW
New
76,533
|
— | ||
|
YAMAE GROUP HOLDINGS CO.,LTD.
ヤマエグループホールディングス㈱
|
167 |
+3.1%
↑
70,264
|
123 | 68,148 | |
|
ITOCHU-SHOKUHIN Co., Ltd.
伊藤忠食品㈱
|
150 |
20,000
|
102 | 20,000 | M |
|
Marusan Securities Co.,Ltd.
丸三証券㈱
|
89 |
99,225
|
42 | 99,225 | M |
|
FUJI CO., LTD.
㈱フジ
|
86 |
39,682
|
68 | 39,682 | |
|
Central Forest Group, Inc.
セントラルフォレストグループ㈱
|
84 |
30,000
|
54 | 30,000 | |
|
YAOKO CO., LTD.
㈱ヤオコー
|
60 |
6,600
|
45 | 6,600 | |
|
VALOR HOLDINGS CO.,LTD.
㈱バローホールディングス
|
60 |
25,344
|
48 | 25,344 | |
|
YUASA FUNASHOKU CO.,LTD.
ユアサ・フナショク㈱
|
55 |
13,500
|
37 | 13,500 | M |
| アクシアルリテイリング㈱ | 46 |
+300.0%
↑
48,400
|
41 | 12,100 | |
|
ARCS COMPANY,LIMITED
㈱アークス
|
38 |
13,361
|
29 | 13,361 | |
|
YAMAZAWA CO.,LTD.
㈱ヤマザワ
|
35 |
30,492
|
39 | 30,492 | |
| ㈱マミーマート | 26 |
5,500
|
12 | 5,500 | |
|
Maruichi Sanisho Co., Ltd.
㈱マルイチ産商
|
25 |
23,100
|
25 | 23,100 | |
|
HEIWADO CO.,LTD.
㈱平和堂
|
12 |
5,000
|
10 | 5,000 | |
|
ALBIS Co.,Ltd.
アルビス㈱
|
12 |
4,400
|
10 | 4,400 | |
|
YAMANAKA CO.,LTD.
㈱ヤマナカ
|
11 |
21,200
|
14 | 21,200 | |
|
eco's co.,ltd
㈱エコス
|
8 |
4,000
|
7 | 4,000 | |
|
OKUWA CO., LTD.
㈱オークワ
|
6 |
7,729
|
6 | 7,729 | |
|
POPLAR Co., Ltd.
㈱ポプラ
|
6 |
+20.3%
↑
31,446
|
3 | 26,131 | |
|
Maruyoshi Center Inc.
㈱マルヨシセンター
|
3 |
1,000
|
2 | 1,000 | |
|
inageya co.,ltd.
㈱いなげや （注）３
|
— | — | M | ||
|
KANSAI FOOD MARKET LTD.
㈱関西フードマーケット （注）４
|
— | — | |||
|
TAISHO PHARMACEUTICAL HOLDINGS CO., LTD.
大正製薬ホールディングス㈱
|
— |
−100%
Exit
—
|
2,505 | 453,900 | M |
|
TBS Holdings Co., Ltd.
㈱ＴＢＳホールディングス
|
— |
−100%
Exit
—
|
1,844 | 968,000 | M |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
— |
−100%
Exit
—
|
1,262 | 423,500 | M |
|
inageya co.,ltd.
㈱いなげや
|
— |
−100%
Exit
—
|
960 | 749,000 | M |
|
譬ｪ蠑丈ｼ夂､ｾ繧√�ｶ縺阪ヵ繧｣繝翫Φ繧ｷ繝｣繝ｫ繧ｰ繝ｫ繝ｼ繝�
めぶきフィナンシャルグループ㈱
|
— |
−100%
Exit
—
|
227 | 702,000 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱ＵＦＪフィナンシャル・グループ
|
— |
−100%
Exit
—
|
172 | 203,850 | M |
|
KANSAI FOOD MARKET LTD.
㈱関西フードマーケット
|
— |
−100%
Exit
—
|
108 | 72,222 | |
|
United Super Markets Holdings Inc.
ユナイテッド・スーパーマーケット・ホールディングス㈱
|
— |
−100%
Exit
—
|
9 | 8,800 | |
| Portfolio total | 44,324 | 43,108 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding