Add as a preferred source on GoogleNissin Foods Revenue Rises 9.5% as Parent Profit Falls 2.5%
Operating profit gained 3% to ¥32.763 billion, and the company kept its full-year FY 3/2027 outlook unchanged.
Nissin Foods Holdings Co., Ltd. recorded ¥408.739 billion in revenue for the six months ended Sept. 30, up 9.5%, even as profit attributable to parent shareholders fell 2.5% from a year earlier.
The company released unaudited results Nov. 11. They cover the first half of FY 3/2027 and were prepared under International Financial Reporting Standards (IFRS).
Profit attributable to owners of the parent totaled ¥22.04 billion. Operating profit moved in the opposite direction, increasing 3% to ¥32.763 billion.
On a constant-currency basis, revenue was ¥392.202 billion, an increase of 5.1% from the year-earlier period. Basic earnings per share was ¥76.76, down from ¥77.97; diluted earnings per share was ¥76.25, compared with ¥77.45.
Nissin kept its forecast for the fiscal year ending March 31, 2027, unchanged. It projects revenue of ¥860 billion, operating profit of ¥66 billion to ¥69.5 billion and basic earnings per share of ¥159 to ¥167.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.