Nissin Foods : FY 3/2023 1Q Financial Supplemental Data

				2022/8/4
䝩䞊	䝕䜱䞁䜾䝇	䚷IR	(2897䚷	䝥䝷䜲䝮)

NISSIN FOODS HOLDINGS CO., LTD. IR Office (TSE 2897)

2023 3 1

FY 3/2023 1Q Financial Supplemental Data

Page

䝬䝸䞊

Summary

1. 2022

3

1Q

2023

3

1Q

1.

Financial Summary Results of FY 3/2022 1Q vs. FY 3/2023 1Q

1

2.

2022

3

㻝Q

䛸2023

3

㻝Q

䠄

䝧䞊䝇䠅

2.

Financial Summary Results of FY 3/2022 1Q vs. FY 3/2023 1Q (Constant Currency Basis)

1

3.

2022

3

䛸2023

3

3.

Financial Summary of FY 3/2022 Results vs. FY 3/2023 Plan

1

䝉䜾䝯䞁䝖

Financial Results by Segment

1䠊䝉䜾䝯䞁䝖

䠄

䠅

1.

Revenue by Segment (Yearly)

2

2.

䝉䜾䝯䞁䝖

䝁䜰

䞉䝁䜰

䠄

䠅

2.

Core Operating Profit and Core Operating Profit Margin by Segment (Yearly)

2

3.

䝉䜾䝯䞁䝖

䠄

䠅

3.

Revenue by Segment (Quarterly)

3

4.

䝉䜾䝯䞁䝖

䝁䜰

䠄

䠅

4.

Core Operating Profit by Segment (Quarterly)

3

5.

䝧䞊䝇

䝉䜾䝯䞁䝖

䠄

䠅

5.

Revenue by Segment on Constant Currency Basis

(Quarterly)

4

6.

䝧䞊䝇

䝉䜾䝯䞁䝖

䝁䜰

䠄

䠅

6.

Core Operating Profit by Segment on Constant Currency Basis (Quarterly)

4

Consolidated Statements of Income

5

䛭

䜃

䛺

Main Items of Other Income and Expenses

6

䝺䞊䝖

Exchange Rates

㻝㻚㻌

䝺䞊䝖䠄

䠅

1.

Exchange Rates (Yearly)

7

2.

䝺䞊䝖䠄

䠅

2.

Exchange Rates (Quarterly)

7

䝁䜰

Factors of Changes in Core Operating Profit of Existing Businesses

1. 2023

3

䝁䜰

䠄

䠅

1.

Changes in Core Operating Profit of Existing Businesses for the FY 3/2023 (Quarterly)

8

2. 2023

3

㻌

䝧䞊䝇

䝁䜰

䠄

䠅

2.

Changes in Core Operating Profit of Existing Businesses for the FY 3/2023 on Constant

9

Currency Basis (Quarterly)

䠄

䠅

Consolidated Statements of Financial Position (Quarterly)

10

䜃

䜻䝱䝑䝅䝳䞉䝣䝻䞊

Consolidated Statements of Income and Consolidated Cash Flows

1.

䠄

䠅

1.

Consolidated Statements of Income (Quarterly)

11

2.

䝧䞊䝇

䠄

䠅

2.

Consolidated Statements of Income on Constant Currency Basis (Quarterly)

11

3.

䜻䝱䝑䝅䝳䞉䝣䝻䞊

䠅

3.

Consolidated Cash Flows (Quarterly)

11

䛺

䠄2016

3

-䠅

Main New Consolidated Companies (FY 3/2016-)

12

䚷䝎䜲䝆䜵䝇䝖

Mid-toLong-Term Growth Strategy Digest

13

䠄

䠅

Summary of Selected Data (Yearly)

15

4

Monthly Year-on-Year Sales Amount Growth Rates for 4 Major Domestic Companies

1.

2023

3

䚷

1.

YoY Change in Sales Ratio (FY 3/2022 vs. FY 3/2023)

17

2.

2022

3

䚷

2.

YoY Change in Sales Ratio (FY 3/2021 vs. FY 3/2022)

17

䝺䜼䝳䝷䞊

䠄

䠅

Average Price incl. Tax of Mainstay Products at Mass Merchandise Stores

18

䜑䜣

䠄

䞉

䠅

Volume and Amount of Instant Noodles Demand in Japan

19

䜑䜣

䠄

) (CY2017-CY2021䠅

Global Demand for Instant Noodles (by Region) (CY2017-CY2021䠅

20

䜑䜣

䝕䞊䝍

Market Data of Domestic Non-Instant Noodles Business

21

*FY 3/2023

2022

4

1

2023

3 31

䜢

䛩䚹

*2019

3

1Q

䜙IFRS䜢

䚹

*

䛻䛴䛔䛶

䚸

䛷

䛧䚸

䜢

䛶䛶

䚹

*FY (Fiscal Year), CY (Calendar Year).

*2022

3

1Q

䜙

䞉

䝁䜰

䞉

䝧䞊䝇䜢

䠄

䝧䞊䝇䠖

䜢䚸

䝺䞊䝖䛷

䠅

*FY 3/2023 is between April 1, 2022 and March 31, 2023. *The company has applied IFRS from the 1Q of FY 3/2019.

*Figures are calculated based on thousand yen and rounded down to the nearest million yen. *FY (Fiscal Year), CY (Calendar Year).

*Revenue, Core operating profit from existing businesses and Operating profit on constant currency basis are disclosed from the 1Q of FY3/2022.(constant currency basis: foreign currency amounts for the current period are converted to yen using the exchange rate for the same period of the previous fiscal year)

䝬䝸䞊 / Summary

1. 2022 3	1Q	2023 3	1Q	/ Financial Summary Results of FY 3/2022 1Q vs. FY 3/2023 1Q		/ Mil. Yen
				FY 3/2022	FY 3/2023
				1Q	1Q	Changes in Amount	Changes in Ratio
				/ Results	/ Results

Revenue					132,457	149,263	16,805	12.7%
	䝁䜰					13,248	13,426	177	1.3%
Core operating profit of existing businesses *1
Operating profit					13,248	13,256	8	0.1%
Profit attributable to owners of the parent			7,894	7,530	(364)	(4.6%)
2. 2022	3	1Q	䛸2023 3	1Q	䠄	䝧䞊䝇䠅 / Financial Summary Results of FY 3/2022 1Q vs. FY 3/2023 1Q (Constant Currency Basis)*2
									/ Mil. Yen
						FY 3/2022	FY 3/2023
						1Q
						1Q	Changes in Amount	Changes in Ratio
						䝧䞊䝇
						/ Results
						Constant currency basis
Revenue					132,457	141,087	8,630	6.5%
	䝁䜰					13,248	12,887	(360)	(2.7%)
Core operating profit of existing businesses *1
Operating profit					13,248	12,667	(581)	(4.4%)
Profit attributable to owners of the parent			7,894	7,150	(744)	(9.4%)
3. 2022	3		䛸2023 3	/ Financial Summary of FY 3/2022 Results vs. FY 3/2023 Plan		/ Mil. Yen
						FY 3/2022	FY 3/2023	Changes in Amount	Changes in Ratio
						/ Results	/ Plan
Revenue					569,722	595,000	25,277	4.4%
	䝁䜰						52,000
					49,559	2,440	4.9%
Core operating profit of existing businesses *1
							47,000	385	0.8%
Operating profit *3				46,614
			49,500	2,885	6.2%
		䛻	䛩䜛			35,412	31,000	(4,412)	(12.5%)
Profit attributable to owners of the parentt *3		33,000	(2,412)	(6.8%)
EPS (	/ Yen)*3				343.5	303	(41)	-
							322	(21)

*1䠖

*2䠖

*3䠖

䝁䜰- 䛸䛧䛶 䛂䛭 䛃-

Core operating profit of existing businesses Operating profit - Other income and expenses as non-recurring income and expenses - Profit / loss from new businesses

2023 3䜢 䝺䞊䝖䛷 䛧䛯 䛷䛩䚹

Foreign currency amounts in FY 3/2023 on constant currency basis are converted into yen at the exchange rate for the same period in FY 3/2022.

2023 3

䛻䛴䛔䛶 䚸

䝁䜰

5 10%

䛷

䛺

䜢 䛳䛶䛔䛟䛯䜑䚸䝺䞁䝆

䛻䜘䜚

䛧䛶䛔䜎䛩䚹

Plan of consolidated financial results for the FY 3/2023 are disclosed with certain range, in order to actively invest in new business within 5 ~ 10% of core operating profit of existing businesses.

1

	䝉䜾䝯䞁䝖	/ Financial Results by Segment
	1䠊䝉䜾䝯䞁䝖	䠄	䠅 / Revenue by Segment (Yearly)			/ Mil. Yen
		/ Revenue	FY 3/2022	FY 3/2023
		/ Results	/ Plan*4	Changes in Amount	Changes in Ratio

NISSIN FOOD PRODUCTS		210,783	218,000	7,216	3.4%
MYOJO FOODS				37,920	39,000	1,079	2.8%
	䜑䜣				248,703	257,000	8,296	3.3%
Domestic Instant Noodles
䞉					80,867	83,000	2,132	2.6%
Chilled and frozen foods and beverages
Confectionery				69,031	71,500	2,468	3.6%
	䜑䜣				149,898	154,500	4,601	3.1%
Domestic Non-Instant Noodles
䛭					2,171	2,500	328	15.1%
Domestic others*1,2
	Domestic			400,774	414,000	13,225	3.3%
The Americas				87,328	93,500	6,171	7.1%
China (incl. H.K.)*3				55,478	59,000	3,521	6.3%
䜰䝆䜰					14,777	17,000	2,222	15.0%
Asia*1
EMEA					11,363	11,500	136	1.2%
EMEA*1
	Overseas			168,947	181,000	12,052	7.1%
	䜾	䞊䝥			569,722	595,000	25,277	4.4%
	Group total
2. 䝉䜾䝯䞁䝖 䝁䜰		䞉䝁䜰	䠄	䠅 / Core Operating Profit and Core Operating Profit Margin by Segment (Yearly)
䚷	䠖䝁䜰	䚸	䠖䝁䜰	/ Upper: Core Operating Profit, Lower: Core Operating Profit Margin		/ Mil. Yen

	䝁䜰	/ Core Operating Profit			FY 3/2022					FY 3/2023
			/ Results				/ Plan*4	Changes in Amount	Changes in Ratio
NISSIN FOOD PRODUCTS					30,576					31,500			923	3.0%
				14.5%				14.4%			(0.1%)
MYOJO FOODS								2,407					2,450			42	1.8%
							6.3%				6.3%			(0.1%)
	䜑䜣								32,983					33,950			966	2.9%
Domestic Instant Noodles						13.3%				13.2%			(0.1%)
	䞉									3,270					3,450			179	5.5%
Chilled and frozen foods and beverages				4.0%				4.2%			0.1%
Confectionery								3,158					3,600			441	14.0%
							4.6%				5.0%			0.5%
		䜑䜣								6,429					7,050			620	9.7%
Domestic Non-Instant Noodles					4.3%				4.6%			0.3%
	䛭									1,867					1,000			(867)	(46.5%)
Domestic others*1,2								86.0%				40.0%			(46.0%)
		Domestic						41,280					42,000			719	1.7%
							10.3%				10.1%			(0.2%)
The Americas								2,946					3,500			553	18.8%
							3.4%				3.7%			0.4%
China (incl. H.K.)*3								6,146					6,500			353	5.7%
							11.1%				11.0%			(0.1%)
䜰䝆䜰									4,088					4,550			461	11.3%
Asia*1,5									27.7%				26.8%			(0.9%)
EMEA									426					1,400			973	228.6%
EMEA*1,5									3.7%				12.2%			8.4%
		Overseas						13,607					15,950			2,342	17.2%
							8.1%				8.8%			0.8%
䛭										23
Other reconciliations*6											(5,950)			(620)	-
䡴䢚䢕䡬䢈䢛									(5,352)
Group expenses*6
			䝁䜰							49,559					52,000			2,440	4.9%
	Core operating profit of existing
				8.7%				8.7%			0.0%
		businesses*7
New businesses*6,8								(2,919)				(2,500)			419	-
										(5,000)			(2,080)
										46,640					47,000			359	0.8%
		䝁䜰												49,500			2,859	6.1%
		Core operating profit*8					8.2%				7.9%			(0.3%)
													8.3%			0.1%
*1䠖䛂		䛃 䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶	䛂䛭	䛃䛻	䜑䛶䛔䜎䛩䚹
*2䠖		䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*3䠖					䠤䠠	䛻	䛧䛯	䛷䛩䚹		䛚䜘䜃	䚸		䠤䠠	䛻	䛵䛟䜒 䛷䚸	䛸	䛺䜛	䛒䜚䜎䛩䚹
*4䠖	䛻	䜛				䝺䞊䝖䛷	䛧䛶䛔䜎䛩䚹
*5䠖IFRS䛷	䛻䜘䜛		䜎	䜎䛩䚹
*6䠖䛂		䛃䛻䛚䛔䛶	䛂		䛃䛻 䜑䛶䛔䜎䛩䚹
*7䠖		䝁䜰			-	䛸䛧䛶	䛂䛭	䛃-
*8䠖2023 3	䛻䛴䛔䛶	䚸	䝁䜰		5 10%	䛷	䛺		䜢	䛳䛶䛔䛟䛯䜑䚸䝺䞁䝆	䛻䜘䜚	䛧䛶䛔䜎䛩䚹

*1䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.

*2䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.

*3䠖The business plan for China segment specifies targets set solely by NISSIN FOODS HOLDINGS. The results and plan in China (including H.K.) are based on the consolidation policy of NISSIN FOODS HOLDINGS. Disclosure may differ from that of NISSIN FOODS CO.,LTD. (located in H.K.).

*4䠖Yen-based plan is based on actual exchange rates for the previous fiscal year

*5䠖Gain and loss on investments accounted for using the equity method is included in IFRS.

*6䠖These are included in "Reconciliations" in Summary of Consolidated Financial Statements.

*7䠖Core operating profit of existing businesses Operating profit - Other income and expenses as non-recurring income and expenses - Profit / loss from new businesses *8䠖FY 3/2023 plan is disclosed with certain range, in order to actively invest in new business within 5 ~ 10% of core operating profit of existing businesses.

2

3䠊䝉䜾䝯䞁䝖		䠄		䠅 / Revenue by Segment (Quarterly)
																													/ Mil. Yen
								FY 3/2022						FY 3/2023					FY 3/2022 vs FY 3/2023 䠄		/ Change in Amount & Change in Ratio䠅
	Revenue
					1Q	2Q	3Q		4Q	FY	1Q	2Q	3Q	4Q	FY	1Q		2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS		46,577	51,948	59,620	52,636	210,783	47,791				47,791	1,213		2.6%								1,213		2.6%
MYOJO FOODS			9,411	9,283	9,562		9,663	37,920	9,257				9,257	(153)		(1.6%)								(153)		(1.6%)
	䜑䜣				55,988	61,231	69,182	62,300	248,703	57,048				57,048	1,059		1.9%								1,059		1.9%
Domestic Instant Noodles
䞉					20,216	20,773	20,232	19,644	80,867	20,354				20,354	138		0.7%								138		0.7%
Chilled, frozen foods and beverages
Confectionery				17,063	17,740	17,222	17,005	69,031	17,561				17,561	498		2.9%								498		2.9%
	䜑䜣				37,279	38,514	37,454	36,650	149,898	37,915				37,915	636		1.7%								636		1.7%
Domestic Non-Instant Noodles
䛭					498		564	589		519	2,171	701				701	203		40.8%								203		40.8%
Domestic others*1,2
	Domestic			93,766	100,310	107,227	99,470	400,774	95,665	(20,354)	-	-	95,665	1,899		2.0%	(188.4%)	(100.0%)	(100.0%)		1,899		2.0%
The Americas				20,221	22,196	21,412	23,497	87,328	29,899				29,899	9,678		47.9%								9,678		47.9%
China (Incl. H.K.)*3			12,247	13,633	14,141	15,457	55,478	15,494				15,494	3,247		26.5%								3,247		26.5%
䜰䝆䜰					3,391	3,879	3,905		3,601	14,777	4,783				4,783	1,392		41.0%								1,392		41.0%
Asia*1
EMEA					2,830	2,560	3,071		2,900	11,363	3,419				3,419	588		20.8%								588		20.8%
EMEA*1
	Overseas			38,691	42,269	42,531	45,456	168,947	53,597	-	-	-	53,597	14,906		38.5%		(222.3%)		(100.0%)		(100.0%)		14,906		38.5%
	䜾	䞊䝥			132,457	142,579	149,758	144,926	569,722	149,263	(20,354)	-	-	149,263	16,805		12.7%		(198.1%)		(100.0%)		(100.0%)		16,805		12.7%
	Group total
4. 䝉䜾䝯䞁䝖	䝁䜰		䠄	䠅 / Core Operating Profit by Segment (Quarterly)
																													/ Mil. Yen
	䝁䜰							FY 3/2022						FY 3/2023					FY 3/2022 vs FY 3/2023 䠄		/ Change in Amount & Change in Ratio䠅
	Core Operating Profit
					1Q	2Q	3Q		4Q	FY	1Q	2Q	3Q	4Q	FY	1Q		2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS		6,982	8,392	10,795		4,405	30,576	7,679				7,679	696		10.0%								696		10.0%
MYOJO FOODS			996		705	630		75	2,407	875				875	(121)		(12.2%)								(121)		(12.2%)
	䜑䜣				7,979	9,097	11,426		4,480	32,983	8,554	#VALUE!	#VALUE!	#VALUE!	8,554	575		7.2%								575		7.2%
Domestic Instant Noodles
䞉					1,230	1,260	962		(182)	3,270	1,006				1,006	(223)		(18.1%)								(223)		(18.1%)
Chilled, frozen foods and beverages
Confectionery				1,015	1,157	864		121	3,158	797				797	(218)		(21.5%)								(218)		(21.5%)
	䜑䜣				2,245	2,418	1,826		(61)	6,429	1,804	#VALUE!	#VALUE!	#VALUE!	1,804	(441)		(19.6%)						-		(441)		(19.6%)
Domestic Non-Instant Noodles
䛭					548		698	410		210	1,867	592				592	44		8.0%								44		8.0%
Domestic others*1,2
	Domestic			10,773	12,214	13,662		4,629	41,280	10,951	(1,006)	-	-	10,951	178		1.7%		-		(100.0%)		(100.0%)		178		1.7%
The Americas				1,174		974	446		351	2,946	1,259				1,259	84		7.2%								84		7.2%
China (Incl. H.K.)*3			1,107	1,312	1,901		1,825	6,146	1,532				1,532	425		38.4%								425		38.4%
䜰䝆䜰					1,005	1,187	1,166		729	4,088	819				819	(186)		(18.5%)								(186)		(18.5%)
Asia*1,4
EMEA					553		(450)	535		(212)	426	502				502	(50)		(9.1%)								(50)		(9.1%)
EMEA*1,4
	Overseas			3,840	3,024	4,049		2,693	13,607	4,113	-	-	-	4,113	273		7.1%	-	(100.0%)	(100.0%)		273		7.1%
䛭					(27)		(28)	6		71	23	(101)				(101)	(74)		-								(74)		-
Other reconciliations*5
䡴䢚䢕䡬䢈䢛					(1,338)	(1,338)	(1,338)		(1,338)	(5,352)	(1,537)				(1,537)	(199)		-								(199)		-
Group expenses*5
		䝁䜰			13,248	13,872	16,381		6,057	49,559	13,426	(1,006)	-	-	13,426					-		(100.0%)		(100.0%)		177		1.3%
Core operating profit of existing		177		1.3%
	businesses*6
New businesses*5			(261)		(419)	(559)		(1,678)	(2,919)	(563)	#VALUE!	#VALUE!	#VALUE!	(563)	(302)		-		-		-		-		(302)		-
	䝁䜰				12,987	13,452	15,821		4,378	46,640	12,862	(1,006)	-	-	12,862	(124)		(1.0%)		-		(100.0%)		(100.0%)		(124)		(1.0%)
	Core operating profit
*1䠖䛂	䛃	䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶 䛂䛭	䛃䛻	䜑䛶䛔䜎䛩䚹
*2䠖	䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*3䠖		䚸		䠤䠠	䛻	䛵䛟䜒	䛷䚸		䛸	䛺䜛	䛒䜚䜎䛩䚹
*4䠖IFRS䛷	䛻䜘䜛		䜎 䜎䛩䚹
*5䠖䛂	䛃䛻䛚䛔䛶	䛂	䛃䛻	䜑䛶䛔䜎䛩䚹
*6䠖	䝁䜰			-	䛸䛧䛶	䛂䛭	䛃-

*1䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.

*2䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.

*3䠖The results in China (including H.K.) are based on the consolidation policy of NISSIN FOODS HOLDINGS. Disclosure may differ from that of NISSIN FOODS CO.,LTD. (located in H.K.). *4䠖Gain and loss on investments accounted for using the equity method is included in IFRS.

*5䠖These are included in "Reconciliations" in Summary of Consolidated Financial Statements.

*6䠖Core operating profit of existing businesses Operating profit - Other income and expenses as non-recurring income and expenses - Profit / loss from new businesses

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䛣	䝨䞊䝆䛷	2023		3				䜢	䝧䞊䝇䛷	/ Calculated on a constant currency basis for the overseas business in the quarterly results for the FY 3/2023 in this page.
5.		䝧䞊䝇	䝉䜾䝯䞁䝖	䠄		䠅 / Revenue by Segment on Constant Currency Basis (Quarterly)
																															/ Mil. Yen
									FY 3/2022							FY 3/2023					FY 3/2022 vs FY 3/2023㻌䠄		㻌㻛 Change in Amount & Change in Ratio
														䝧䞊䝇㻌㻛㻌Constant Currency Basis*4						䝧䞊䝇 / Constant Currency Basis*4
		Revenue
						1Q	2Q	3Q		4Q		FY	1Q	2Q	3Q	4Q	FY	1Q		2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS	46,577	51,948	59,620	52,636		210,783	47,791				47,791	1,213		2.6%								1,213		2.6%
MYOJO FOODS			9,411	9,283	9,562		9,663		37,920	9,257				9,257	(153)		(1.6%)								(153)		(1.6%)
	䜑䜣				55,988	61,231	69,182	62,300		248,703	57,048				57,048	1,059		1.9%								1,059		1.9%
Domestic Instant Noodles
	䞉					20,216	20,773	20,232	19,644		80,867	20,354				20,354	138		0.7%								138		0.7%
Chilled, frozen foods and beverages
Confectionery				17,063	17,740	17,222	17,005		69,031	17,561				17,561	498		2.9%								498		2.9%
		䜑䜣				37,279	38,514	37,454	36,650		149,898	37,915				37,915	636		1.7%								636		1.7%
Domestic Non-Instant Noodles
	䛭					498		564	589		519		2,171	701				701	203		40.8%								203		40.8%
Domestic others*1,2
		Domestic			93,766	100,310	107,227	99,470		400,774	95,665	(20,354)	-	-	95,665	1,899		2.0%		(194.3%)		(100.0%)		(100.0%)		1,899		2.0%
The Americas				20,221	22,196	21,412	23,497		87,328	24,568				24,568	4,347		21.5%								4,347		21.5%
China (Incl. H.K.)*3			12,247	13,633	14,141	15,457		55,478	13,347				13,347	1,100		9.0%								1,100		9.0%
䜰䝆䜰					3,391	3,879	3,905		3,601		14,777	4,238				4,238	847		25.0%								847		25.0%
Asia*1
EMEA					2,830	2,560	3,071		2,900		11,363	3,267				3,267	436		15.4%								436		15.4%
EMEA*1
		Overseas			38,691	42,269	42,531	45,456		168,947	45,422	-	-	-	45,422	6,731		17.4%		-		-		-		6,731		17.4%
		䜾	䞊䝥			132,457	142,579	149,758	144,926		569,722	141,087	(20,354)	-	-	141,087	8,630		6.5%	(100.0%)				(100.0%)		8,630		6.5%
		Group total
6.		䝧䞊䝇	䝉䜾䝯䞁䝖	䝁䜰	䠄		䠅 / Core Operating Profit by Segment on Constant Currency Basis (Quarterly)
																															/ Mil. Yen
		䝁䜰							FY 3/2022							FY 3/2023					FY 3/2022 vs FY 3/2023㻌䠄		㻌㻛 Change in Amount & Change in Ratio
													䝧䞊䝇㻌㻛㻌Constant Currency Basis*4						䝧䞊䝇 / Constant Currency Basis*4
	Core Operating Profit
						1Q	2Q	3Q		4Q		FY	1Q	2Q	3Q	4Q	FY	1Q		2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS	6,982	8,392	10,795		4,405		30,576	7,679				7,679	696		10.0%								696		10.0%
MYOJO FOODS			996		705	630		75		2,407	875				875	(121)		(12.2%)								(121)		(12.2%)
	䜑䜣				7,979	9,097	11,426		4,480		32,983	8,554	#VALUE!	#VALUE!	#VALUE!	8,554	575		7.2%								575		7.2%
Domestic Instant Noodles
	䞉					1,230	1,260	962		(182)		3,270	1,006				1,006	(223)		(18.1%)								(223)		(18.1%)
Chilled, frozen foods and beverages
Confectionery				1,015	1,157	864		121		3,158	797				797	(218)		(21.5%)								(218)		(21.5%)
		䜑䜣				2,245	2,418	1,826		(61)		6,429	1,804	#VALUE!	#VALUE!	#VALUE!	1,804	(441)		(19.6%)						-		(441)		(19.6%)
Domestic Non-Instant Noodles
	䛭					548		698	410		210		1,867	592				592	44		8.0%								44		8.0%
Domestic others*1,2
		Domestic			10,773	12,214	13,662		4,629		41,280	10,951	(1,006)	-	-	10,951	178		1.7%	-	(100.0%)		(100.0%)		178		1.7%
The Americas				1,174		974	446		351		2,946	961				961	(213)		(18.1%)								(213)		(18.1%)
China (Incl. H.K.)*3			1,107	1,312	1,901		1,825		6,146	1,322				1,322	215		19.4%								215		19.4%
䜰䝆䜰					1,005	1,187	1,166		729		4,088	797				797	(207)		(20.6%)								(207)		(20.6%)
Asia*1,5
EMEA					553		(450)	535		(212)		426	494				494	(59)		(10.7%)								(59)		(10.7%)
EMEA*1,5
		Overseas			3,840	3,024	4,049		2,693		13,607	3,575	-	-	-	3,575	(264)		(6.9%)		-		-		-		(264)		(6.9%)
䛭						(27)		(28)	6		71		23	(101)				(101)	(74)		-								(74)		-
Other reconciliations*6
䡴䢚䢕䡬䢈䢛					(1,338)	(1,338)	(1,338)		(1,338)		(5,352)	(1,537)				(1,537)	(199)		-								(199)		-
Group expenses*6
			䝁䜰			13,248	13,872	16,381		6,057		49,559	12,887	(1,006)	-	-	12,887					-		(100.0%)		(100.0%)		(360)		(2.7%)
Core operating profit of existing			(360)		(2.7%)
		businesses*7
New businesses*6			(261)		(419)	(559)		(1,678)		(2,919)	(563)	#VALUE!	#VALUE!	#VALUE!	(563)	(302)		-		-		-		-		(302)		-
		䝁䜰				12,987	13,452	15,821		4,378		46,640	12,324	(1,006)	-	-	12,324	(662)		(5.1%)	(197.5%)				(100.0%)		(662)		(5.1%)
	Core operating profit
*1䠖䛂		䛃	䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶 䛂䛭	䛃䛻	䜑䛶䛔䜎䛩䚹
*2䠖		䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*3䠖			䚸		䠤䠠	䛻	䛵䛟䜒	䛷䚸		䛸	䛺䜛	䛒䜚䜎䛩䚹
*4䠖		䝧䞊䝇䠖2023	3	䜢䚸			䝺䞊䝖䛷	䛧䛶䛔䜎䛩䚹䠄	䠖FY3/2023 1Q	䝺䞊䝖	FY3/2022 1Q䝺䞊䝖䠅
*5䠖IFRS䛷		䛻䜘䜛		䜎 䜎䛩䚹
*6䠖䛂		䛃䛻䛚䛔䛶	䛂	䛃䛻	䜑䛶䛔䜎䛩䚹
*7䠖		䝁䜰			-	䛸䛧䛶	䛂䛭	䛃-

*1䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.

*2䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.

*3䠖The results in China (including H.K.) are based on the consolidation policy of NISSIN FOODS HOLDINGS. Disclosure may differ from that of NISSIN FOODS CO.,LTD. (located in H.K.).

*4: Constant currency basis: Foreign currency amounts in FY 3/2023 are converted into yen at the exchange rate for the same period in FY 3/2022 (e.g., constant currency for FY 3/2023 1Q is FY 3/2022 1Q foreign exchange rate) *5䠖Gain and loss on investments accounted for using the equity method is included in IFRS.

*6䠖These are included in "Reconciliations" in Summary of Consolidated Financial Statements.

*7䠖Core operating profit of existing businesses Operating profit - Other income and expenses as non-recurring income and expenses - Profit / loss from new businesses

4