Nissin Foods Holdings will acquire 21% of shares of the Philippine joint venture NURC in January 2027, increasing its shareholding from 49% to 70% and making it a subsidiary.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2897","jir_company_name":"Nissin Foods Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/2897-20260313-01.pdf","jir_short_summary":"Nissin Foods Holdings will acquire 21% of shares of the Philippine joint venture NURC in January 2027, increasing its shareholding from 49% to 70% and making it a subsidiary.","jir_summary":"### Overview of the M&A\nNissin Foods Holdings Co., Ltd. resolved at its Board of Directors meeting on March 13, 2026, to acquire 21% of the shares of the Philippine joint venture Nissin-Universal Robina Corporation (NURC) from Universal Robina Corporation (URC) through its Thai subsidiary NISSIN FOODS ASIA CO., LTD., making NURC a subsidiary. Post-acquisition shareholding will be 70%, enabling agile resource allocation and faster decision-making. NURC manufactures and sells instant noodles, with sales of 10,673,236 thousand Philippine Pesos and net income of 1,383,393 thousand Philippine Pesos for the fiscal year ending December 2024.\n\n### Background and Future Outlook\nThe company is promoting overseas business expansion based on its mid-to-long-term growth strategy, focusing especially on the Southeast Asian instant noodle market. The Philippine market ranks seventh globally in instant noodle demand and exhibits remarkable economic growth; thus, this share acquisition aims to strengthen business development. The acquisition price will be decided after negotiations based on third-party valuations, and gains from staged acquisitions are also expected, though the amounts are currently under review.","jir_financial_highlights":"Number of Shares Acquired: 39,690,000 shares (Increase in shareholding from 49% to 70%)\nScheduled Acquisition Date: 2027-01-07 (Unknown)\nNURC Sales (Fiscal Year Ending December 2024): 10,673,236 thousand Philippine Pesos (Year-over-Year Increase (Unknown))","jir_category":"","jir_hashtags":"#NissinFoodsHoldings, #M&A, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 39,690,000 shares (out of 189,000,000 voting rights)\nPost-Acquisition Shareholding Ratio: 70%\nNURC Sales (Fiscal Year Ending December 2024): 10,673,236 thousand Philippine Pesos","jir_meta_title":"Nissin Foods to Acquire 21% Shares in Philippine Joint Venture NURC, Making It a Subsidiary","jir_meta_description":"Nissin Foods Holdings will acquire 21% shares of Philippine joint venture NURC, raising its stake to 70% and making it a subsidiary. This strengthens overseas business amid expanding instant noodle markets.","jir_og_title":"Nissin Foods Announces Acquisition of 21% Shares in Philippine Joint Venture","jir_og_description":"Nissin Foods acquires 21% shares of Philippine joint venture NURC to make it a subsidiary, accelerating business expansion in the Southeast Asian market.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7622,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-34495","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n