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Nissin Foods (2897) investor relations material
Nissin Foods Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue declined 4.3% year-over-year to ¥177.0 billion, with core operating profit down 25.5% and profit attributable to owners down 29.3%.
Operating profit fell 27.5% to ¥15,844 million; basic earnings per share dropped to ¥38.37 from ¥52.46.
Domestic business saw revenue growth but profit contraction due to higher material costs; overseas business faced revenue and profit declines, except in China.
U.S. operations were notably weak, impacted by lower sales volume and yen appreciation.
Financial highlights
Core operating profit margin of existing businesses fell 2.8 points to 9.8%; overall operating profit margin dropped 2.9 points to 9.0%.
Gross profit for the quarter was ¥60,461 million, down from ¥67,055 million year-over-year.
Cash and cash equivalents increased to ¥82,237 million at quarter-end, up from ¥73,036 million at the start of the period.
Revenue in the Americas dropped 20.5% year-over-year; China (incl. H.K.) grew 1.4%.
Overseas business revenue fell 14.1%, with profit down 36.2%.
Outlook and guidance
Full-year revenue is projected to grow 4.3% to ¥810.0 billion, with core operating profit of existing businesses expected to rise 0.1% to ¥83.6 billion.
Profit attributable to owners of the parent expected at ¥53,000–56,000 million; EPS guidance is ¥180–191.
Domestic business is expected to remain on plan; overseas outlook is uncertain, especially in the U.S.
Material costs are expected to stay above initial plans, with ongoing monitoring of tariffs and exchange rates.
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