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Nissin Foods

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This article is about the food company established in 1958. For Nissin Seifun Werna, a food company founded in 2001, known as Nissin Foods until 2022, see Nisshin Seifun Group.
Nissin Foods Holdings Co., Ltd.
日清食品ホールディングス株式会社
Company typePublic
TYO: 2897
SEHK: 1475
IndustryFood production
FoundedSeptember 4, 1958; 66 years ago (1958-09-04) in Izumiotsu, Osaka, Japan
FounderMomofuku Ando (Go-Pek-Hok)
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)
RevenueIncrease ¥468.7 billion (March 2020)[1]
Increase ¥17.6 billion (March 2020)[1]
Increase ¥17.3 billion (March 2020)[1]
Total assetsIncrease ¥369.9 billion (March 2020)[1]
Total equityIncrease ¥226.7 billion (March 2020)[1]
Number of employees
7,505 (as of March 31, 2020)
SubsidiariesNissin Food Products
Nissin Cisco
Nissin Frozen Foods
Nissin Chilled Foods
Myojo Foods
Bruce Foods
Websitewww.nissin.com
Nissin Food Products Co., Ltd.
日清食品株式会社
Company typePublic Kabushiki gaisha
IndustryFood industry
FoundedOctober 1, 2008; 16 years ago (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

Nissin Foods Holdings Co., Ltd. (日清食品ホールディングス株式会社, Nisshin Shokuhin Hōrudingusu kabushiki gaisha) 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.

History

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Founding and early years

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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 Chuko Sosha (中交総社, Chuukou-sousha).[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 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 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]

Recent years and expansion

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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]

Name

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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".

Facilities and regions

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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.

Products

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Instant noodles

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Demae Ramen

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Demae Ramen or Demae Itcho (Japanese: 出前一丁, lit. 'delivery one order'; Cantonese Yale: Chēutchìhn Yātdīng [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]

Corporate responsibility

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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]

Non-affiliations

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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).[citation needed]

See also

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References

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  1. ^ a b c d e "Summary of Consolidated Financial Statements for the Fiscal Year Ended March 31, 2020" (PDF). Nissin Foods Holdings Co., Ltd. 11 May 2020.
  2. ^ Hevesi, Dennis (9 January 2007). "Momofuku Ando, 96, Dies; Invented Instant Ramen". The New York Times.
  3. ^ "日清食品グループ". JP: Nissin foods.
  4. ^ "日清食品グループ". Nissin foods. 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 5 March 2010.
  8. ^ "History". Nissin Foods Holdings Co., Ltd.
  9. ^ Wallace, Bruce (7 January 2007). "Momofuku Ando, 96; inventor's Cup Noodle became an instant hit". Los Angeles Times. California Times. Retrieved 15 July 2024. Momofuku Ando, a Japanese businessman whose later-in-life invention of instant noodles revolutionized how we eat one of the world's oldest foods, died Friday of heart failure in an Osaka-area hospital. He was 96.
  10. ^ "R&D center [Nissin Foods Group the Wave]". G mark. Retrieved 30 July 2020.
  11. ^ Mirai, Shusuke (22 August 2016). "Cup Noodles slurping strong, 45 years on". The Japan Times. The Japan Times, Ltd. Retrieved 17 July 2024. Since its debut in 1971, more than 40 billion packages of the popular instant ramen had been sold as of May, according to Cup Noodles manufacturer Nissin Food Products Co. The product is now sold in more than 80 countries, with sales outside Japan occupying roughly 70 percent of the total in 2015 in terms of volume.
  12. ^ "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.
  13. ^ "Nissin Gardena California USA Retrieved on October 9, 2019".
  14. ^ [1]. Nissin do Brasil. Retrieved on 25 December 2023 (in Portuguese)
  15. ^ "Nissin Hong Kong - official history".
  16. ^ "Nissin Food India Limited Company Directors, etc".
  17. ^ "Nissin - official history".
  18. ^ Nissin Food Germany - History, Germany
  19. ^ "Nissin Thailand - company profile". Archived from the original on 9 January 2010. Retrieved 1 December 2009.
  20. ^ "Nissin China - History".
  21. ^ "Nissin - Universal Robina Corporation".
  22. ^ Nissin Mexico - History (in Spanish)
  23. ^ Nissin (7 February 2007). "Nissin Foods- Chow Mein". Nissin Foods (USA) Co., Inc. Retrieved 1 January 2012.
  24. ^ Nissin (15 May 2009). "Nissin Foods - Chow Pasta". Archived from the original on 15 April 2015. Retrieved 1 January 2012.
  25. ^ "Nissin Foods - Souper Meal". Nissin. Archived from the original on 17 May 2009. Retrieved 2 January 2012.
  26. ^ "Nissin Foods - Bowl Foods Hot & Spicy". Nissin. 15 May 2009. Archived from the original on 15 May 2009. Retrieved 2 January 2012.
  27. ^ a b "Nissin HK". Archived from the original on 13 May 2012. Retrieved 2 January 2012.
  28. ^ "makanai, demae, shidashi | Japanese-English dictionary". EUdict. Retrieved 17 November 2012.
  29. ^ "Japan's Demae Ramen Rocks in Hong Kong". japanstyle.info. 6 February 2010. Retrieved 28 October 2012.
  30. ^ "Nissin, Maruchan, cut conflict palm oil from your instant noodles". SumOfUs.
  31. ^ "Palm Oil Industry Threatens Indonesian Biodiversity". 18 November 2014.
  32. ^ "Conflict Palm Oil Demonstration at Nissin Foods US Headquarters".
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