name: Nissin Foods
Nissin Foods is a Japanese instant noodle company. It was established in Japan by Momofuku Ando as Nissin Foods Co., Ltd. on September 4, 1948. Ten years later, the company launched Japan’s first instant ramen product-chicken broth ramen.
In 1970, Nissin Foods established a branch in the United States and sold instant noodle products. Instant noodles (introduced in 1958) and cup noodles (introduced in 1971) were both invented by Momofuku Ando.
Nissin Foods is headquartered in Yodogawa District. In 1977, the company moved its headquarters to Yodogawa District. In 2007, MYOJO Food Co., Ltd. became a wholly-owned subsidiary of Nissin Foods.
Nissin Foods has established offices and factories in different countries, including: Brazil (1981), Hong Kong (1985), India (1987), Germany (1993), Thailand (1994), China (1995) And Mexico (2000). The company’s products are sold to the Philippines, Taiwan, Singapore, Canada, Sweden, Malaysia, Australia, the United Kingdom and the United States.
The stock code of Nissin Foods on the Tokyo Stock Exchange is 2897, and the stock code on the Osaka Stock Exchange is 2987. The Osaka headquarters is located at 1-1 Nishi Nakajima 4-chome, Yodogawa-ku, Japan. The Tokyo headquarters is located at Shinjuku Rokuchome 28-1, Shinjuku, Tokyo, Japan. The president and chief executive officer is Koki Ando, and the vice president and chief operating officer is Shin Nakagawa. As of March 31, 2011, there are 7505 employees .
In March 2011, Nissin Foods revenue was 374.932 billion yen, operating income was 34.537 billion yen, net income was 20.756 billion yen, total assets were 409.748 billion yen, and total equity was 277.595 billion yen.
The subsidiaries of Nissin Foods include:
Nissin Foods Co.
, Ltd. Nisshin Cisco Co.
, Ltd. Nisshin Frozen Food Co.
, Ltd. Nissin Frozen Food Co. , Ltd.
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