Nissin Foods (2897) Q1 2027 earnings summary

Executive summary

• Revenue rose to ¥194.7 billion, up 10.0% year-over-year, with all business segments achieving higher revenue and profit.

• Core operating profit of existing businesses increased 13.5% year-over-year to ¥19.7 billion, driven by price revisions and strong overseas performance.

• Operating profit rose 13.4% to ¥18.0 billion, and profit attributable to owners of the parent increased 18.3% to ¥13.3 billion.

• Basic earnings per share increased to ¥46.24 from ¥38.37 year-over-year.

• Comprehensive income surged to ¥20,017 million from ¥11,524 million in the prior year period.

Financial highlights

• Gross profit increased to ¥66,616 million from ¥60,461 million year-over-year.

• Core OP margin of existing businesses improved by 0.3pt to 10.1%; OP margin rose to 9.2%.

• Profit margin attributable to owners of the parent increased by 0.5pt to 6.8%.

• Total assets grew to ¥992,227 million as of June 30, 2026.

• Cash and cash equivalents at period end were ¥99,715 million.

Outlook and guidance

• Full-year FY3/2027 revenue forecast is ¥860.0 billion (+9.1% YoY), with core operating profit of ¥73.5 billion (+4.1% YoY).

• Operating profit is projected at ¥66.0–69.5 billion (+5.9–11.5% YoY); EPS forecasted at 159–167 yen.

• Profit attributable to owners of the parent is projected in the range of ¥45,500–¥48,000 million.

• Guidance excludes the impact of the Middle East situation, with further details to be provided.