Fiscal Year 2025 Full-Year Financial Results

Overview of the FY2025 Full-Year Financial Results

In FY2025, revenue increased by 1.5% YoY to JPY 788.1 billion, while core operating profit from existing businesses decreased by 15.5% to JPY 70.6 billion. Operating income reached JPY 62.3 billion, and net income attributable to owners of parent was JPY 45.4 billion, both declining year-over-year. Domestic profitability was affected by raw material price increases but was mitigated through price revisions and anniversary campaigns, successfully expanding market share. Overseas, US sales declined significantly, though volume and unit price trends show recovery, which was not enough to offset the decline. The dividend was maintained at JPY 70/share, with a payout ratio of 44%. Combined with the JPY 20 billion share buyback, the total shareholder return ratio reached 88%.

FY2026 Performance Outlook and Mid-term Growth Strategy

For FY2026, revenue is projected at JPY 860.0 billion (+9.1% YoY) and core operating profit at JPY 73.5 billion (+4.1%). These figures are provided as reference values based on assumptions that do not incorporate potential geopolitical impacts like the Middle East situation. Domestically, efforts to minimize volume declines through anniversary campaigns and price revisions for value-added products are planned. The US business is expected to recover through gradual replenishment of distribution channels, new major product launches, and new factory operation. Core operating profit from existing businesses is forecasted to bottom out in FY2025, with aiming for mid-single digit growth over the medium to long term. While revising the ROE target to a realistic level, the company will update its growth strategies for existing businesses. Overseas, Nissin Foods Group will accelerate expanding its winning patterns across markets and focus on enlarging its presence in Asia.