NISSIN FOODS Cup noodle sales increase The ultimate profit is highest due to self-discipline on May 11, 18:01
Nissin Foods Holdings Co., Ltd., a major food maker, achieved a record high of 29.3 billion yen in final profit in the last year's financial results. Sales of cup noodles increased significantly due to factors such as refraining from going out due to the spread of new coronavirus infection.
Nissin Foods Holdings announced on the 11th, and the year-end financial results up to March were 4688 billion yen, up 4% from the previous year. In addition, the final profit increased by 51.5% to more than 29.3 billion yen, the highest ever.
This is because the number of people who spend time away from home as a result of the spread of the new coronavirus increased, and sales of cup noodles increased. In addition, sales of cup noodles also increased overseas such as China.
As for the results for this fiscal year, while many companies are undecided, both sales and final profit are expected to further increase, and we expect higher sales and profits.
Nissin Foods Holdings Co., Ltd. said, "It is difficult to predict how long the effect of nest nesting demand will continue. We also want to identify changes in consumer preferences after the spread of the new coronavirus infection has stopped."