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Invented instant ramen; makes Top Ramen, Cup Noodles and other instant noodle brands worldwide.
Invented instant ramen; makes Top Ramen, Cup Noodles and other instant noodle brands worldwide.
Sells noodles through grocery and convenience stores, with Japan the largest market and manufacturing done locally in the US, China, Brazil and other regions where it operates. Branded cup noodles carry its pricing. Founder Momofuku Ando's family still leads the company.
In one line: The inventor of instant ramen, akin to a global Kraft brand.
Moat: narrow (brand, IP / patents). Pioneering instant-noodle brand recognition built since inventing the category in 1958.
Headquarters: Osaka, Japan · Founded: 1948 · Employees: 17,988
Size Nissin Foods (2897.T) is a Japan Consumer Staples company (Food: Specialty/Candy) with a market value of $5.73B, the 215th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,063 on 6 Nov 2026.
Performance Over six months the shares gained 9.3%, against +1.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 4.8% over the last twelve months (peer median +9.4%); the operating margin is 6.4% (peer median 10.0%).
Valuation It trades at 17.9× forward earnings against a peer median of 15.9× (9th most expensive of 21).
Capital Return on invested capital runs 0.1 points above its cost of capital (5.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥806B | ¥788B | ¥777B | ¥733B | ¥669B |
| Revenue growth | — | +1% | +6% | +10% | — |
| Gross profit | ¥275B | ¥269B | ¥273B | ¥259B | ¥221B |
| EBITDA | ¥89.3B | ¥86.7B | ¥96.9B | ¥92.6B | ¥76.5B |
| Net income | ¥47.4B | ¥45.4B | ¥55.0B | ¥54.2B | ¥44.8B |
| Free cash flow | -¥6.54B | -¥2.91B | -¥13.6B | ¥32.0B | ¥39.5B |
| Capital expenditure | ¥78.8B | ¥84.6B | ¥71.5B | ¥62.6B | ¥25.7B |
| Total debt | ¥198B | ¥204B | ¥135B | ¥56.1B | ¥55.1B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Nissin Foods 2897.T | $5.73B | +9% | +5% | 6% | 17.9× | n/a |
| Toyo Suisan Kaisha 2875.T | $6.74B | -4% | +7% | 17% | 14.5× | -5.0% |
| SamyangFood 003230.KS | $6.70B | -9% | +38% | 23% | 16.3× | -6.6% |
| Nongshim 004370.KS | $1.74B | +8% | +5% | 6% | 11.8× | -16.1% |
| Tingyi 0322.HK | $9.59B | +17% | +4% | 9% | 14.1× | -12.9% |
| Uni-president Enterprises 1216.TW | $13.2B | +11% | +1% | 5% | 17.6× | 0.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2897.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.7% | +6.9% | 11th highest of 21 |
| 6-month return | +9.3% | +1.2% | 8th highest of 21 |
| Distance from 52-week high | -8.7% | -18.2% | 6th highest of 21 |
| Revenue growth (TTM) | +4.8% | +9.4% | 8th lowest of 21 |
| Operating margin | 6.4% | 10.0% | 4th lowest of 21 |
| Forward P/E | 17.9× | 15.9× | 9th most expensive of 21 |
| ROIC minus cost of capital | +0.1 pp | +3.0 pp | 6th lowest of 21 |
| EV / EBITDA | 11.7× | 9.7× | 6th most expensive of 18 |
| Net debt / EBITDA | 1.1× | 2.4× | 9th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nissin Foods 2897.T | Japan | $5.73B | +9% | +5% | 6% | 17.9× | n/a | n/a |
| Ingredion INGR | United States | $5.78B | -15% | -1% | 12% | 9.7× | -7.8% | +3.8% |
| Balchem BCPC | United States | $5.54B | +8% | +9% | 22% | 30.9× | 14.5% | +8.1% |
| Yamazaki Baking 2212.T | Japan | $5.08B | +21% | +5% | 5% | 18.0× | -3.3% | +5.3% |
| Sensient Technologies SXT | United States | $5.07B | +1% | +10% | 15% | 25.0× | n/a | n/a |
| Angel Yeast 600298.SS | China | $4.97B | +2% | +15% | 11% | 19.1× | 4.1% | +13.4% |
| Aak AAK.ST | Sweden | $4.88B | -30% | -1% | 10% | 13.6× | -6.0% | +10.5% |
| Toyo Suisan Kaisha 2875.T | Japan | $6.74B | -4% | +7% | 17% | 14.5× | -5.0% | +9.5% |
| Campbell's CPB | United States | $6.90B | +11% | -5% | 11% | 13.7× | -3.6% | +2.8% |
| Meiji 2269.T | Japan | $7.35B | +14% | +4% | 8% | 17.2× | n/a | n/a |
| Lamb Weston LW | United States | $7.61B | +31% | +3% | 10% | 16.6× | 4.0% | +12.5% |
| Darling Ingredients DAR | United States | $7.92B | -20% | +16% | 9% | 7.3× | 9.0% | +11.4% |
| Barry Callebaut BARN.SW | Switzerland | $8.33B | +5% | +9% | 5% | 23.7× | -8.4% | +16.5% |
| Anjoy Foods 2648.HK | Hong Kong | $3.83B | -20% | +24% | 12% | 11.6× | -2.9% | +17.5% |
| Post POST | United States | $3.65B | -19% | +6% | 10% | 11.8× | -2.1% | +7.4% |
| Vita Coco COCO | United States | $3.56B | -13% | +26% | 20% | 30.2× | 8.4% | +14.4% |
| Ashland ASH | United States | $3.51B | +39% | +2% | 7% | 18.0× | 12.3% | -2.5% |
| Jinan Shengquan Group Share 605589.SS | China | $3.46B | -30% | +12% | 8% | 19.7× | n/a | n/a |
| Orion 271560.KS | South Korea | $3.45B | -18% | +11% | 17% | 9.9× | -17.1% | +8.4% |
| Tate & Lyle TATE.L | United Kingdom | $3.34B | +53% | +16% | 9% | 15.2× | 10.8% | +10.6% |
| Greencore GNC.L | United Kingdom | $3.23B | +31% | +26% | 6% | 14.3× | 22.4% | +9.0% |