Nissin Foods

Nissin Food Products Co., Ltd. is a Japanese food company that specializes in production and sale of convenience food and instant noodles.

Not to be confused with Nissan.
For other uses, see Nisshin (disambiguation).
Nissin Foods Holdings Co., Ltd.
日清食品ホールディングス株式会社
TypePublic Kabushiki gaisha
TYO: 2897
OSE: 2987
SEHK: 1475
IndustryFood production
FoundedSeptember 4, 1958 (1958-09-04) in Izumiotsu, Osaka, Japan
FounderMomofuku Ando
HeadquartersOsaka HQ: 1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan
Tokyo: 28-1, Shinjuku Rokuchome, Shinjuku, Tokyo, Japan
Area served
Worldwide
Key people
Koki Ando
(President and CEO)
Noritaka Ando
(Vice president and COO)
Revenue ¥468,879 million (March 2020)[1]
¥17,602 million (March 2020)[1]
¥17,333 million (March 2020)[1]
Total assets ¥369,968 million (March 2020)[1]
Total equity ¥226,791 million (March 2020)[1]
Number of employees
7,505 (as of March 31, 2020)
SubsidiariesNissin Food Products Co., Ltd.
Nissin Cisco Co., Ltd.
Nissin Frozen Foods Co., Ltd.
Nissin Chilled Foods Co., Ltd.
Myojo Foods Co., Ltd.
Nissin Food Products Co., Ltd.
日清食品株式会社
TypePublic Kabushiki gaisha
IndustryFood industry
FoundedOctober 1, 2008 (2008-10-01) (to take over the instant food business from the former Nissin Food Products Co., Ltd.)
Headquarters1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan
Area served
Worldwide
Key people
Noritaka Ando
(President)
ParentNissin Foods Holdings Co., Ltd.

History

Founding and early years
See also: Momofuku Ando and Nissin Chikin Ramen

The company was established in Japan on September 1, 1958, by the Taiwanese immigrant Momofuku Ando (the creator of instant ramen in 1958) as Chuko Sosha (中交総社, Chuukou-sousha).[2] Ten years later, the company introduced the first instant ramen noodle product, Chikin Ramen (Chicken Ramen). Soon thereafter, the company name was changed to Nissin Food Products Co., Ltd. (日清食品株式会社, Nisshin Shokuhin Kabushiki-gaisha). The company established a US subsidiary Nissin Foods in 1970 and, starting in 1972, sold instant ramen noodle products under the name Top Ramen. Instant noodles (1958) and Cup Noodles (1971) were both invented by Momofuku Ando.[3][4] Nissin Foods has its headquarters in Yodogawa-ku, Osaka.[5][6]

Recent years and expansion

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.

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.

In 2013, Nissin's products went on sale in Colombia. 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.[9]

Worldwide sales of the Cup Noodles reached 40 billion servings in 2016, 70% of total sales were accumulated outside Japan.

Name

According to the company,[10] 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".

Facilities and regions

Nissin Foods has established offices and factories in various locations, such as the United States (since 1972),[11] Brazil (since 1981),[12] Hong Kong (since 1985),[13] India (since 1987), Hungary (since 1993),[14] Germany (since 1993),[15] Thailand (since 1994),[16] China (since 1995),[17] and Mexico (since 2000).[18] In 2013, Makarneks, the Turkish equivalent to Cup Noodles, was introduced. In 2015, Nissin Foods established their subsidiary in Brazil as "Nissin Foods do Brasil" and became the leader of instant noodles producers. Their products are sold in more than 80 countries worldwide.

Products

Instant noodles

Demae Ramen

Demae Ramen or Demae Itcho (Japanese: 出前一丁 which translates to "delivery one order'")[24] 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.[25]

Corporate responsibility

Nissin Foods have been criticized for using palm oil suppliers responsible for the destruction of rainforests, peatlands and abuse of human and labor rights.[26][27] A demonstration was held at Nissin Foods US Headquarters on 29 June 2015.[28]

Non-affiliations

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).

See also

References
  1. "Summary of Consolidated Financial Statements for the Fiscal Year Ended March 31, 2020" (PDF). Nissin Foods Holdings Co., Ltd. May 11, 2020.
  2. "Nissin Foods - About Nissin Foods". Archived from the original on 2007-10-24.
  3. "日清食品グループ". www.nissinfoods.co.jp.
  4. "日清食品グループ". www.nissinfoods.co.jp.
  5. "Nissin Food group net profit up 6.6% in 1st half." Japan Weekly Monitor. November 12, 1984. Retrieved on March 5, 2010. "On an unconsolidated basis, the Osaka-based firm recorded a 194.4% jump to 5.46."
  6. "Company Profile." Nissin Foods. Retrieved on March 5, 2010.
  7. "History Archived 2012-03-01 at the Wayback Machine." Nissin Foods Germany. Retrieved on March 5, 2010.
  8. "History". Nissin Foods Holdings Co., Ltd.
  9. "R&D center [Nissin Foods Group the WAVE]". Retrieved 30 July 2020.
  10. "日清食品の社名の由来を教えてください。". Nissin Foods. Nissin Group. Retrieved 28 May 2018.
  11. {{cite web|url=https://nissinfoods.com/our-story.html%7Ctitle=Nissin Gardena California USA Retrieved on October 9, 2019
  12. Nissin no Brasil. Nissin-Ajinomoto. Retrieved on September 9, 2010 (in Portuguese)
  13. "Nissin Hong Kong - official history".
  14. "Nissin - official history".
  15. Nissin Food Germany - History, Germany
  16. "Nissin Thailand - company profile".
  17. "Nissin China - History".
  18. Nissin Mexico - History (in Spanish)
  19. Nissin (February 7, 2007). "Nissin Foods- Chow Mein". Nissin Foods (USA) Co., Inc. Retrieved January 1, 2012.
  20. Nissin (May 15, 2009). "Nissin Foods - Chow Pasta". Retrieved 1 January 2012.
  21. "Nissin Foods - Souper Meal". Nissin. Archived from the original on May 17, 2009. Retrieved 2 January 2012.
  22. "Nissin Foods - Bowl Foods Hot & Spicy". Nissin. May 15, 2009. Archived from the original on 2009-05-15. Retrieved 2 January 2012.
  23. "Nissin HK". Retrieved 2 January 2012.
  24. "makanai, demae, shidashi | Japanese-English dictionary". EUdict. Retrieved 2012-11-17.
  25. "Japan's Demae Ramen Rocks in Hong Kong". japanstyle.info. Feb 6, 2010. Retrieved 28 October 2012.
  26. "Nissin, Maruchan, cut conflict palm oil from your instant noodles". SumOfUs.
  27. "Palm Oil Industry Threatens Indonesian Biodiversity". 18 November 2014.
  28. "Conflict Palm Oil Demonstration at Nissin Foods US Headquarters".
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