Nissin Foods

Nissin Foods Holdings Co., Ltd.
日清食品ホールディングス株式会社
Public Kabushiki gaisha
Traded as TYO: 2897
OSE: 2987
Industry Food Manufacturing
Founded September 4, 1948 (1948-09-04) in Izumiotsu, Osaka, Japan
Founder Momofuku Ando
Headquarters Osaka HQ: 1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan
Tokyo: 28-1, Shinjuku Rokuchome, Shinjuku, Tokyo, Japan
Key people
 Koki Ando
(President and CEO)
Susumu Nakagawa
(Vice president and COO)
Revenue Steady ¥374,932 million (March 2011)[1]
Increase ¥34,537 million (March 2011)[1]
Steady ¥20,756 million (March 2011)[1]
Total assets Increase ¥409,748 million (March 2011)[1]
Total equity Increase ¥277,595 million (March 2011)[1]
Number of employees
 7,505 (as of March 31, 2011)
Subsidiaries Nissin Food Products Co., Ltd.
Nissin Cisco Co., Ltd.
Nissin Frozen Foods Co., Ltd.
Nissin Chilled Foods Co., Ltd.
Website www.nissin.com/ Edit this on Wikidata
Nissin Food Products Co., Ltd.
日清食品株式会社
Public Kabushiki gaisha
Industry Food Manufacturing
Founded October 1, 2008 (2008-10-01) (to take over the instant food business from the former Nissin Food Products Co., Ltd.)
Headquarters 1-1, Nishi-Nakajima Yonchome, Yodogawa-ku, Osaka, Japan
Key people
 Susumu Nakagawa
(President)
Parent Nissin Foods Holdings Co., Ltd.
Website www.nissin.com/ Edit this on Wikidata

Nissin Food Products Co., Ltd. is a Japanese food company that specializes in the manufacture and development of instant noodles.

History

Founding and early years

The company was established in Japan on September 4, 1948, by Momofuku Ando 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 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]

Name

According to the company,[9] 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」, coined by company founder Momofuku Ando, and representing his desire for the company. The expression can be loosely translated as "purely create great taste day after day".

Facilities and regions

Nissin Foods has established offices and factories in various countries, such as Brazil (since 1981),[10] Hong Kong (since 1985),[11] India (since 1987), Hungary (since 1993),[12] Germany (since 1993),[13] Thailand (since 1994),[14] China (since 1995),[15] and Mexico (since 2000).[16] Their products are also sold in the Philippines, Taiwan, Singapore, Canada, Sweden, Indonesia, Malaysia, Australia, the United Kingdom, Italy, Argentina and the United States.

Products

Instant noodles

Demae Ramen

Demae Ramen or Demae Itcho (Japanese: 出前一丁 which translates to "delivery one order'")[22] 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.[23]

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. [24][25] A demonstration was held at Nissin Foods US Headquarters on 29 June 2015.[26]

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. 1 2 3 4 5 "Financial Statements for the Fiscal Year Ended March 31, 2011" (PDF). Nissin Foods Holdings Co., Ltd. May 11, 2011.
  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, 2001. 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." Nissin Foods Germany. Retrieved on March 5, 2010.
  8. ↑ "History". Nissin Foods Holdings Co., Ltd.
  9. ↑ "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.
  10. ↑ Nissin no Brasil. Nissin-Ajinomoto. Retrieved on September 9, 2010 (in Portuguese)
  11. ↑ "Nissin Hong Kong - official history".
  12. ↑ "Nissin - official history".
  13. ↑ Nissin Food Germany - History, Germany
  14. ↑ "Nissin Thailand - company profile".
  15. ↑ "Nissin China - History".
  16. ↑ Nissin Mexico - History (in Spanish)
  17. ↑ Nissin (February 7, 2007). "Nissin Foods- Chow Mein". Nissin Foods (USA) Co., Inc. Retrieved January 1, 2012.
  18. ↑ Nissin (May 15, 2009). "Nissin Foods - Chow Pasta". Retrieved 1 January 2012.
  19. ↑ "Nissin Foods - Souper Meal". Nissin. Archived from the original on May 17, 2009. Retrieved 2 January 2012.
  20. ↑ "Nissin Foods - Bowl Foods Hot & Spicy". Nissin. May 15, 2009. Archived from the original on 2009-05-15. Retrieved 2 January 2012.
  21. 1 2 "Nissin HK". Retrieved 2 January 2012.
  22. ↑ "makanai, demae, shidashi | Japanese-English dictionary". EUdict. Retrieved 2012-11-17.
  23. ↑ "Japan's Demae Ramen Rocks in Hong Kong". japanstyle.info. Feb 6, 2010. Retrieved 28 October 2012.
  24. ↑ "Nissin, Maruchan, cut conflict palm oil from your instant noodles". SumOfUs.
  25. ↑ "Palm Oil Industry Threatens Indonesian Biodiversity". 18 November 2014.
  26. ↑ "Conflict Palm Oil Demonstration at Nissin Foods US Headquarters".
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