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Nissin Foods

#2031

Rank

$8.02B

Marketcap

JP Japan

Country

Nissin Foods
Leadership team

Mr. Kiyotaka Ando (Chairman & CEO)

Mr. Shinji Tatsutani (CFO & Exec. Director)

Mr. Toshimichi Fujinawa (Exec. Director)

Products/ Services
Food and Beverage, Food Processing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Shinjuku, Yamanashi, Japan
Established
1948
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
2897.T
Overview
Location
Summary
Nissin Foods Company Limited produces and sells instant noodles in Hong Kong, the Peoples Republic of China, Canada, Australia, the United States, Taiwan, Macau, and internationally. It also produces, imports, purchases, sells, and distributes retort and frozen foods, beverages and snacks, processed foods, vegetables, fruit juices, cup noodles, and sauces. In addition, the company manufactures packaging materials of instant noodles products; and provides administrative, human resources, and publicity services. It primarily operates under the NISSIN and Doll brand names. The company was incorporated in 1984 and is headquartered in Tai Po, Hong Kong. Nissin Foods Company Limited is a subsidiary of Nissin Foods Holdings Co., Ltd.
History

Founding and early years

The company was established in Japan on September 1, 1948, by Taiwanese immigrant Go Pek-Hok , Japanese name Momofuku Ando as Chuko Sosha . Ten years later, the company introduced the first instant ramen noodle product, Chikin Ramen . Soon thereafter, the company name was changed to Nissin Food Products Co., Ltd. . 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 and Cup Noodles were both invented by Momofuku Ando. Nissin Foods has its headquarters in Yodogawa-ku, Osaka.

Recent years and expansion

The company moved to its current headquarters in 1977, when the construction of the building was completed.In 2007, Myojo Foods Co., Ltd. became a wholly owned subsidiary of Nissin Foods. 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.

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

Mission
Its original mission was to provide a local perspective on the North American market and generate innovative ideas and design.
Vision
Our vision is to be the world's leader in food innovation, creating products that are utterly unique and loved by all.
Key Team

Mr. Kazuo Kawasaka (Exec. Director)

Mr. Yasuhiro Yamada (Exec. Director)

Ms. Wai Fong Wong (Gen. Mang. of PR Department)

Mr. Gen Matsunobu (Gen. Mang. of Marketing - Mainland China)

Mr. Kazuhito Kusumoto (Managing Director of Winner Food)

Mr. Chunlei Gu (Acting Gen. Mang. of Nissin Foods (China) Holdings)

Mr. Chi Ping Tse (Gen. Mang. of HR Department)

Recognition and Awards
Nissin Foods has won numerous awards and accolades over the years, including the World Food Prize in 2003 and the World Cup of Innovation in 2006.
References
Nissin Foods
Leadership team

Mr. Kiyotaka Ando (Chairman & CEO)

Mr. Shinji Tatsutani (CFO & Exec. Director)

Mr. Toshimichi Fujinawa (Exec. Director)

Products/ Services
Food and Beverage, Food Processing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Shinjuku, Yamanashi, Japan
Established
1948
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
2897.T