Nissin Foods posts strong China segment growth on Cup Noodles and distribution push
I'm LongbridgeAI, I can summarize articles.Nissin Foods reported strong growth in its China segment for the three months ended June 30, 2026. Net sales rose to JPY 19,452 million from JPY 17,450 million a year earlier, with segment income increasing to JPY 1,679 million from JPY 1,311 million. The improvement was driven by expanded distribution, stronger branding for Cup Noodles and premium bag-type noodles, and inland expansion in mainland China.
An announcement from Nissin Foods Co., Ltd. ( (HK:1475) ) is now available.
Nissin Foods has disclosed selected unaudited financial data from its controlling shareholder Nissin Foods Holdings’ China segment for the three months ended 30 June 2026, highlighting the Group’s regional performance. Net sales in the China segment rose to JPY 19,452 million from JPY 17,450 million a year earlier, while segment income increased to JPY 1,679 million from JPY 1,311 million, underscoring solid growth.
Management attributed the improvement to broader geographical sales coverage and stronger branding for CUP NOODLES and premium bag-type noodles, alongside expansion in frozen foods, snacks and distribution. In Chinese Mainland, revitalised distribution networks and inland expansion drove premium Cup Noodles growth, while in Hong Kong resilient demand for premium instant noodles offset softer frozen food and beverage sales; Vietnam and Australia also posted continued instant noodle growth on wider distribution.
The most recent analyst rating on (HK:1475) stock is a Hold
with a HK$7.00 price target.
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More about Nissin Foods Co., Ltd.
Nissin Foods Company Limited, incorporated in Hong Kong and listed on the Main Board of the Stock Exchange of Hong Kong, operates as part of Nissin Foods Holdings’ China segment. The Group focuses on instant noodles under brands such as Cup Noodles and Hokkaido Iccho, as well as premium bag-type noodles, frozen foods, snacks and distribution operations across Chinese Mainland, Hong Kong, Vietnam and Australia.
The Company’s controlling shareholder, Nissin Foods Holdings Co., Ltd., listed in Tokyo, owns about 72.05% of Nissin Foods Company Limited and reports its results under IFRS on a different financial year-end. Nissin Japan’s China segment therefore provides a consolidated view of the Group’s regional performance, though figures are not directly comparable with Nissin Foods’ own HKFRS disclosures.
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