| Nissin Foods Holdings Co., Ltd. 日清食品ホールディングス株式会社 | |
| Type: | Public |
| Traded As: | |
| Foundation: | in Izumiotsu, Osaka, Japan |
| Founder: | Momofuku Ando (Go-Pek-Hok) |
| Location: | Osaka HQ: 1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan Tokyo: 28-1, Shinjuku Rokuchome, Shinjuku, Tokyo, Japan |
| Area Served: | Worldwide |
| Industry: | Food production |
| Key People: | Koki Ando (President and CEO) Noritaka Ando (Vice president and COO) |
| Revenue: | ¥468.7 billion (March 2020)[1] |
| Operating Income: | ¥17.6 billion (March 2020) |
| Net Income: | ¥17.3 billion (March 2020) |
| Assets: | ¥369.9 billion (March 2020) |
| Equity: | ¥226.7 billion (March 2020) |
| Num Employees: | 7,505 (as of March 31, 2020) |
| Subsid: | Nissin Food Products Co., Ltd. Nissin Cisco Co., Ltd. Nissin Frozen Foods Co., Ltd. Nissin Chilled Foods Co., Ltd. Myojo Foods Co., Ltd. Bruce Foods Co., Ltd. |
| Nissin Food Products Co., Ltd. 日清食品株式会社 | |
| Type: | Public Kabushiki gaisha |
| Foundation: | (to take over the instant food business from the former Nissin Food Products Co., Ltd.) |
| Location: | 1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan |
| Area Served: | Worldwide |
| Industry: | Food industry |
| Key People: | Noritaka Ando (President) |
| Parent: | Nissin Foods Holdings Co., Ltd. |
is a Japanese food company. Founded by Momofuku Ando in 1948 in Izumiōtsu, Osaka, it owns Nissin Food Products, Nissin Chilled Foods, Nissin Frozen Foods, and Myojo Foods. It is known for development of the world's first marketed brand of instant noodles Chicken Ramen and products like Cup Noodles, Yakisoba U.F.O., and Demae Iccho.
See also: Momofuku Ando and Nissin Chikin Ramen. The company was founded in Japan on 1 September 1948, by Taiwanese-Japanese immigrant Go Pek-Hok (1910-2007), Japanese name Momofuku Ando as .[2] Ten years later, the company introduced its first instant ramen noodle product, Chikin Ramen (Chicken Ramen). Soon after, the company name was changed to . The company established a US subsidiary, Nissin Foods, in 1970, and began selling instant ramen noodle products under the name Top Ramen in 1972. Nissin Chikin Ramen (1958) and Cup Noodles (1971) were both invented by Momofuku Ando.[3] [4] Nissin Foods is headquartered in Yodogawa-ku, Osaka.[5] [6]
The company moved to its current headquarters in 1977, when the construction of the building was completed.[7]
In 2007, Myojo Foods Co., Ltd. became a wholly owned subsidiary of Nissin Foods.[8] On January 5, 2007, Nissin founder Momofuku Ando died at the age of 96.[9]
In May 2011, Nissin announced a capital and business alliance with confectionery producer Frente Co., Ltd. In September 2011, the Cup Noodles museum opens in Yokohama, Japan exhibiting the full spectrum of the founder Momofuku Ando's vision.
An agreement with Turkey's largest consumer goods manufacturing group was reached in September 2013, resulting in the creation of Nissin Yildiz Gida Sanayi ve Ticaret A.S.
March 2014 saw the opening of The Wave, a new Japan-based R&D center, aimed at creating "a wave of the most advanced food technologies". The building has been honored with the Good Design Award.[10]
Worldwide sales of the Cup Noodles reached 40 billion servings in 2016; 70% of total sales were accumulated outside Japan.[11]
According to the company,[12] the name 'Nissin' originates as an abbreviated form of the expression 「日々清らかに豊かな味をつくる」 (Hibi kiyoraka ni yutakana aji o tsukuru), coined by company founder Momofuku Ando, and representing his desire for the company. The expression can be loosely translated as "Day after day purely create great taste".
Nissin Foods has established offices and factories in various locations, such as the United States (since 1972),[13] Brazil (since 1981),[14] Hong Kong (since 1985),[15] India (since 1988),[16] Hungary (since 1993),[17] Germany (since 1993),[18] Thailand (since 1994),[19] China (since 1995),[20] the Philippines (since 1997)[21] and Mexico (since 2000).[22] In 2013, Makarneks, the Turkish equivalent to Cup Noodles, was introduced. Nissin's products are sold in more than 80 countries worldwide.
Demae Ramen or Demae Itcho (Japanese: 出前一丁|lit=delivery one order; [28]) was first introduced in Japan in 1969 and entered the market in Hong Kong the next year. Since then, it has become one of the most popular instant noodle brands in Hong Kong, with a wide range of flavours.[29]
Nissin Foods have been criticized for using palm oil suppliers responsible for the destruction of rainforests, peatlands and abuse of human and labor rights.[30] [31] A demonstration was held at Nissin Foods US Headquarters on June 29, 2015.[32]
Nissin Foods is not affiliated with the following: Nisshin Seifun Group Inc., Nisshin OilliO Group, Ltd., Nissan Motor Co., Ltd, Nisshinbo Holdings Inc., Nissin Healthcare Food Service Co., Ltd., Monde Nissin Corporation, and Nissin Kyogyo Co. Ltd. (including Nissin Brake Ohio and Nissin Brake Georgia).