Nissin Foods : FY 3/2022 1Q Financial Supplemental Data

			2021/8/5
䝩䞊	䝕䜱䞁䜾䝇	䚷IR	(2897䚷 1 )

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

2022 3 1

FY 3/2022 1Q Financial Supplemental Data

Page

䝬䝸䞊

Summary

1.

2021

3

1Q

2022

3

1Q

1.

Financial Summary Results of FY 3/2020 1Q vs. FY 3/2021 1Q

1

2.

2021

3

1Q

䛸2022

3

1Q

䠄

䝧䞊䝇䠅

2. Financial Summary Results of FY 3/2021 1Q vs. FY 3/2022 1Q (Constant Currency Basis)

1

3.

2021

3

䛸2022

3

3.

Financial Summary of FY 3/2021 Results vs. FY 3/2022 Plan

1

2022

3

䝉䜾䝯䞁䝖

FY 3/2022 Plan by Segment

1.

䝉䜾䝯䞁䝖

䠄

䠅

1.

Plan of Revenue by Segment (Yearly)

2

2.

䝉䜾䝯䞁䝖

䝁䜰

䞉䝁䜰

䠄

䠅

2. Plan of Core Operating Profit and Core Profit Margin by Segment (Yearly)

2

2022

3

䝉䜾䝯䞁䝖

FY 3/2022 Results by Segment

1.

䝉䜾䝯䞁䝖

䠄

䠅

1.

Revenue by Segment (Quarterly)

3

2.

䝉䜾䝯䞁䝖

䝁䜰

䠄

䠅

2.

Core Operating Profit by Segment (Quarterly)

3

3.

䝧䞊䝇

䝉䜾䝯䞁䝖

䠄

䠅

3. Revenue by Segment on Constant Currency Basis (Quarterly)

4

4.

䝧䞊䝇

䝉䜾䝯䞁䝖

䝁䜰

䠄

䠅

4. 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

1.

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

8

䠄

䠅

Consolidated Statements of Financial Position (Quarterly)

9

䜃

䜻䝱䝑䝅䝳䞉䝣䝻䞊

Consolidated Statements of Income and Consolidated Cash Flows

1.

(

)

1.

Consolidated Statements of Income (Quarterly)

10

2.

䝧䞊䝇

䠄

䠅

2.

Consolidated Statements of Income on Constant Currency Basis (Quarterly)

10

3.

䜻䝱䝑䝅䝳䞉䝣䝻䞊

(

)

3.

Consolidated Cash Flows (Quarterly)

10

䛺

䠄2016

3

-䠅

Main New Consolidated Companies (FY 3/2016-)

11

䚷䝎䜲䝆䜵䝇䝖

Mid-Long Term Growth Strategy Digest

12

䠄

䠅

Summary of Selected Data (Yearly)

13

4

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

1.

2022

3

䚷

1.

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

15

2.

2021

3

䚷

2.

YoY Change in Sales Amount (FY 3/2020 vs. FY 3/2021)

15

䝺䜼䝳䝷䞊

䠄

䠅

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

16

䜑䜣

䠄

䞉

䠅

Volume and Amount of Instant Noodles Demand in Japan

17

䜑䜣

䠄

) (CY2014-CY2020䠅

Global Demand for Instant Noodles (by Region) (CY2014-CY2020䠅

18

䜑䜣

䝕䞊䝍

Market Data of Domestic Non-Instant Noodles Business

19

*FY 3/2022

2021

4

1

2022

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2021

䜢䚸2020

䝺䞊䝖䛷

䠅

*FY 3/2022 is between April 1, 2021 and March 31, 2022. *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 exisiting businesses and Operating profit are disclosed on a constant currency basis (constant currency basis: foreign currency amounts for FY 3/2021 are converted to yen using the exchange rate for the same period in FY 3/2020)

䝬䝸䞊 / Summary

1. 2021	3	1Q	2022	3	1Q	/ Financial Summary Results of FY 3/2021 1Q vs. FY 3/2022 1Q		/ Mil. Yen
										FY 3/2021		FY 3/2022
										1Q				1Q			Changes in Amount	Changes in Ratio
										/ Results			/ Results
Revenue
䚷COVID-19									120,561						11,896	9.9%
䚷Including COVID-19 impact									132,457
䚷COVID-19									110,904				21,553	19.4%
䚷Excluding COVID-19 impact
	䝁䜰
Core operating profit of existing businesses *1
䚷COVID-19									17,179						(3,931)	(22.9%)
䚷Including COVID-19 impact									13,248
䚷COVID-19									10,876				2,371	21.8%
䚷Excluding COVID-19 impact
Operating profit
䚷COVID-19									17,452						(4,203)	(24.1%)
䚷Including COVID-19 impact									13,248
䚷COVID-19									11,113				2,135	19.2%
䚷Excluding COVID-19 impact
		䛻	䛩䜛							12,095			7,894		(4,201)	(34.7%)
Profit attributable to owners of the parent
2. 2021	3	1Q	䛸2022	3	1Q	䠄	䝧䞊䝇䠅 / Financial Summary Results of FY 3/2021 1Q vs. FY 3/2022 1Q (Constant Currency Basis)*3
																		/ Mil. Yen
										FY 3/2021		FY 3/2022
												1Q
										1Q						Changes in Amount	Changes in Ratio
													䝧䞊䝇
										/ Results
											Constant currency basis
Revenue
䚷COVID-19									120,561						9,843	8.2%
䚷Including COVID-19 impact									130,404
䚷COVID-19									110,904				19,500	17.6%
䚷Excluding COVID-19 impact
	䝁䜰
Core operating profit of existing businesses *1
䚷COVID-19									17,179						(4,071)	(23.7%)
䚷Including COVID-19 impact									13,107
䚷COVID-19									10,876				2,231	20.5%
䚷Excluding COVID-19 impact
Operating profit
䚷COVID-19									17,452						(4,337)	(24.9%)
䚷Including COVID-19 impact									13,115
䚷COVID-19									11,113				2,001	18.0%
䚷Excluding COVID-19 impact
3. 2021	3		䛸2022	3		/ Financial Summary of FY 3/2021 Results vs. FY 3/2022 Plan				/ Mil. Yen
										FY 3/2021		FY 3/2022			Changes in Amount	Changes in Ratio
										/ Results			/ Plan
Revenue
䚷COVID-19									506,107						33,892	6.7%
䚷Including COVID-19 impact									540,000
䚷COVID-19									489,632				50,367	10.3%
䚷Excluding COVID-19 impact
	䝁䜰
Core operating profit of existing businesses *1
䚷COVID-19									52,382						(5,382)	(10.3%)
䚷Including COVID-19 impact									47,000
䚷COVID-19									41,872				5,127	12.2%
䚷Excluding COVID-19 impact
Operating profit*2									55,532						(13,032)	(23.5%)
䚷COVID-19
										42,500		(11,032)	(19.9%)
䚷Including COVID-19 impact
䚷COVID-19									45,022			44,500		(2,522)	(5.6%)
䚷Excluding COVID-19 impact
											(522)	(1.2%)
		䛻	䛩䜛							40,828			31,000		(9,828)	(24.1%)
Profit attributable to owners of the parent*2							33,000		(7,828)	(19.2%)
EPS ( / Yen)*2									391.9				298		(94)	-
															317		(75)
*1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
*2䠖	2022	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 3/2022 are disclosed with certain range, in order to actively invest in new business within 5 ~ 10% of core operating profit of existing businesses.
*3䠖	2022	䠏		䜢		䝺䞊䝖䛷	䛧䛯	䛷䛩䚹
	Foreign currency amounts in FY 3/2022 on constant currency basis are converted into yen at the exchange rate for the same period in FY 3/2021.

1

2022	3	䝉䜾䝯䞁䝖	/ FY 3/2022 Plan by Segment
1䠊䝉䜾䝯䞁䝖		䠄	䠅 / Plan of Revenue by Segment (Yearly)				/ Mil. Yen
							FY 3/2021	FY 3/2022	FY 3/2021 (Excl. COVID19) (2)
			/ Revenue			vs FY 3/2022 䠄	/ Plan䠅 (3)
					Results (1)	Excl.	/ Plan*5 (3)	Changes in Amount	Changes in Ratio
							COVID19 (2)
NISSIN FOOD PRODUCTS				205,624	202,824	207,000	4,175	2.1%
MYOJO FOODS					37,551	36,191	37,500	1,308	3.6%
	䜑䜣						243,175	239,015	244,500	5,484	2.3%
Domestic Instant Noodles
䞉							77,696	75,861	77,000	1,138	1.5%
Chilled, frozen foods and beverages*1
Confectionery*1					41,091	40,529	65,000	24,470	60.4%
	䜑䜣					118,788	116,391	142,000	25,608	22.0%
Domestic Non-Instant Noodles
䛭							3,342	4,696	2,500	(2,196)	(46.8%)
Domestic others*2,3
			Domestic				365,306	360,103	389,000	28,896	8.0%
The Americas						70,873	61,257	74,000	12,742	20.8%
China (incl. H.K.)*4					48,177	47,630	55,000	7,369	15.5%
䜰䝆䜰							12,651	12,517	13,500	982	7.9%
Asia*2
EMEA							9,098	8,123	8,500	376	4.6%
EMEA*2
			Overseas				140,801	129,528	151,000	21,471	16.6%
			Group total			506,107	489,632	540,000	50,367	10.3%
2. 䝉䜾䝯䞁䝖	䝁䜰	䞉䝁䜰	䠄	䠅 / Plan of 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

												FY 3/2021	FY 3/2022		FY 3/2021 (Excl. COVID19) (2)
				/ Core operating profit						vs FY 3/2022 䠄	/ Plan䠅 (3)
		䝁䜰
					Results (1)	Excl.	/ Plan*5 (3)	Changes in Amount	Changes in Ratio
										COVID19 (2)
NISSIN FOOD PRODUCTS							31,989	26,649			28,000	1,350	5.1%
						15.6%	13.1%			13.5%	0.4%
MYOJO FOODS									3,117	2,115			2,400	284	13.5%
									8.3%	5.8%			6.4%	0.6%
	䜑䜣									35,107	28,764			30,400	1,635	5.7%
Domestic Instant Noodles							14.4%	12.0%			12.4%	0.4%
䞉											3,419	2,506			3,000	493	19.7%
Chilled, frozen foods and beverages*1							4.4%	3.3%			3.9%	0.6%
Confectionery*1									2,562	2,313			3,100	786	34.0%
									6.2%	5.7%			4.8%	(0.9%)
	䜑䜣									5,981	4,820			6,100	1,279	26.5%
Domestic Non-Instant Noodles								5.0%	4.1%			4.3%	0.2%
䛭												838	625			1,000	375	60.2%
Domestic others*2,3									25.1%	13.3%			40.0%	26.7%
				Domestic						41,927	34,210			37,500	3,289	9.6%
									11.5%	9.5%			9.6%	0.1%
The Americas									4,045	2,225			3,900	1,674	75.3%
									5.7%	3.6%			5.3%	1.6%
China (incl. H.K.)*4									5,540	5,002			5,500	497	9.9%
								11.5%	10.5%			10.0%	(0.5%)
䜰䝆䜰											4,021	3,966			4,600	633	16.0%
Asia*2,6											31.8%	31.7%			34.1%	2.4%
EMEA											1,847	1,469			1,500	30	2.1%
EMEA*2,6										20.3%	18.1%			17.6%	(0.4%)
				Overseas						15,456	12,663			15,500	2,836	22.4%
									11.0%	9.8%			10.3%	0.5%
		Domestic and overseas total					57,383	46,874			53,000	6,125	13.1%
						11.3%	9.6%			9.8%	0.2%
䛭												(115)	(115)
Other reconciliations*7											(6,000)	(998)	-
䡴䢚䢕䡬䢈䢛											(4,885)	(4,885)
Group expenses*7
				䝁䜰							52,382	41,872			47,000	5,127	12.2%
Core operating profit of existing businesses*8
New businesses*1,7,9								(1,780)	(1,780)		(4,500)	(2,720)	-
								(2,500)	(720)
											50,601	40,092			42,500	2,407	6.0%
				䝁䜰									44,500	4,407	11.0%
			Core operating profit*9					10.0%	8.2%			7.9%	(0.3%)
													8.2%	0.1%
*1䠖2022	3
䜙䝉䜾䝯䞁䝖	䜢䛧䛶䛔䜎䛩䚹
*2䠖䛂	䛃	䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶	䛂䛭	䛃䛻	䜑䛶䛔䜎䛩䚹
*3䠖	䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*4䠖				䠤䠠	䛻	䛧䛯	䛷䛩䚹
*4䠖		䚸		䠤䠠	䛻	䛵䛟䜒	䛷䚸			䛸	䛺䜛	䛒䜚䜎䛩䚹
*5䠖	䛻	䜛				䝺䞊䝖䛷	䛧䛶䛔䜎䛩䚹
*6䠖IFRS䛷		䛻䜘䜛	䜎	䜎䛩䚹
*7䠖䛂	䛃䛻䛚䛔䛶	䛂	䛃䛻 䜑䛶䛔䜎䛩䚹
*8䠖	䝁䜰			-	䛸䛧䛶 䛂䛭	䛃-
*9䠖2022	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Change in Segment from FY 3/2022.

*2䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.

*3䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.

*4䠖The business plan for China segment specifies targets set solely by NISSIN FOODS HOLDINGS.

*4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.).

*5䠖Yen-based presentation of earnings forecasts are based on actual exchange rates for the previous fiscal year *6䠖Gain and loss on investments accounted for using the equity method is included in IFRS.

*7䠖These are included in "Reconciliations" in the "Segment Information" of Summary of Consolidated Financial Statements.

*8䠖Core operating profit of existing businesses Operating profit - Other income and expenses as non-recurring income and expenses - Profit / loss from new businesses

*9䠖Forecasts of consolidated financial results for the FY 3/2022 are disclosed with certain range, in order to actively invest in new business within 5 ~ 10% of core operating profit of existing businesses.

2

2022	3	䝉䜾䝯䞁䝖			/ FY 3/2022 Results by Segment
1䠊䝉䜾䝯䞁䝖		䠄			䠅 / Revenue by Segment (Quarterly)																	/ Mil. Yen
											FY 3/2021 (1)					FY 3/2021				FY 3/2022 (3)		FY 3/2021 (COVID19䜢	䛟 / Excl. COVID19) (2)
													(COVID19䜢	䛟㻌㻛㻌Excl. COVID19) (2)			vs FY 3/2022 䠄		/ Change in Ratio䠅 (3)
	Revenue
						1Q			2Q		3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS			48,063		48,969	57,884	50,706	205,624	45,663	48,969	57,884	50,306	202,824	46,577				46,577	2.0%					2.0%
MYOJO FOODS				9,659		8,463	9,912	9,515	37,551	8,599	8,463	9,912	9,215	36,191	9,411				9,411	9.4%					9.4%
	䜑䜣					57,722		57,433	67,796	60,222	243,175	54,263	57,433	67,796	59,522	239,015	55,988					3.2%
Domestic Instant Noodles
䞉													77,696					75,861					-						7.6%
Chilled, frozen foods and				20,053		19,270	19,265	19,106	18,792	19,312	19,262	18,494	20,216	(20,216)	-	-	7.6%	(204.7%)	(100.0%)	(100.0%)
beverages*1
Confectionery*1					7,642		7,083	10,433	15,931	41,091	7,075	7,062	10,449	15,942	40,529	17,063				17,063	141.2%					141.2%
	䜑䜣				27,696		26,354	29,699	35,038	118,788	25,867	26,375	29,712	34,436	116,391	37,279					44.1%
Domestic Non-Instant Noodles
䛭						792		871	745	933	3,342	1,217	1,256	1,031	1,190	4,696	498				498	(59.1%)					(59.1%)
Domestic others*2,3
	Domestic				86,211		84,659	98,241	96,193	365,306	81,348	85,065	98,540	95,150	360,103	93,766	(20,216)	-	-	73,550	15.3%	(204.7%)	(100.0%)	(100.0%)	101.1%
The Americas					17,743		17,772	17,767	17,589	70,873	13,785	15,219	16,057	16,194	61,257	20,221				20,221	46.7%					46.7%
China (incl. H.K.)*4				11,512		12,769	11,050	12,845	48,177	11,184	12,550	11,050	12,845	47,630	12,247				12,247	9.5%					9.5%
䜰䝆䜰						2,954		3,290	3,227	3,178	12,651	2,806	3,335	3,196	3,178	12,517	3,391				3,391	20.9%					20.9%
Asia*2
EMEA						2,138		2,079	2,439	2,440	9,098	1,779	2,024	2,332	1,985	8,123	2,830				2,830	59.1%					59.1%
EMEA*2
	Overseas				34,349		35,911	34,486	36,054	140,801	29,555	33,130	32,637	34,204	129,528	38,691	-	-	-	38,691	30.9%	(100.0%)	(100.0%)	(100.0%)	30.9%
	䜾	䞊䝥			120,561	120,570	132,727	132,248	506,107	110,904	118,195	131,177	129,354	489,632	132,457	(20,216)	-	-	f	19.4%	(117.1%)	(100.0%)	(100.0%)	19.4%
	Group total
2. 䝉䜾䝯䞁䝖	䝁䜰		䠄	䠅 / Core Operating Profit by Segment (Quarterly)															/ Mil. Yen
	䝁䜰										FY 3/2021 (1)					FY 3/2021				FY 3/2022 (3)		FY 3/2021 (COVID19䜢	䛟 / Excl. COVID19) (2)
												(COVID19䜢	䛟㻌㻛㻌Excl. COVID19) (2)			vs FY 3/2022 䠄		/ Change in Ratio䠅 (3)
Core Operating Profit
						1Q			2Q		3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS			8,700		7,927	10,002	5,359	31,989	5,004	7,134	9,719	4,791	26,649	6,982	#######	#######	#######	6,982	39.5%					39.5%
MYOJO FOODS				1,584		732	708	92	3,117	899	582	708	(74)	2,115	996	#######	#######	#######	996	10.8%					10.8%
	䜑䜣					10,285		8,659	10,710	5,452	35,107	5,903	7,716	10,427	4,717	28,764	7,979					35.2%
Domestic Instant Noodles
䞉													3,419					2,506					1,246						20.1%
Chilled, frozen foods and				1,600		1,164	621	33	1,024	1,062	558	(138)	1,230	(1,230)	-	-	20.1%	-	(100.0%)	-
beverages*1
Confectionery*1					970		720	1,014	(143)	2,562	790	682	1,000	(160)	2,313	1,015	#######	#######	#######	1,015	28.5%					28.5%
	䜑䜣				2,570		1,884	1,636	(109)	5,981	1,814	1,745	1,559	(298)	4,820	2,245					23.8%
Domestic Non-Instant Noodles
䛭						176		596	(96)	161	838	254	571	(197)	(2)	625	548	#######	#######	#######	548	115.5%					115.5%
Domestic others*2,3
	Domestic				13,032		11,140	12,249	5,504	41,927	7,972	10,032	11,789	4,415	34,210	10,773	(1,230)	-	-	10,789	35.1%	-	(100.0%)	-	214.5%
The Americas					1,906		1,480	577	81	4,045	1,026	1,022	291	(114)	2,225	1,174	#######	#######	#######	1,174	14.4%					14.4%
China (incl. H.K.)*4				1,536		1,516	856	1,631	5,540	1,391	1,220	758	1,631	5,002	1,107	#######	#######	#######	1,107	(20.4%)					(20.4%)
䜰䝆䜰						1,217		1,246	850	707	4,021	1,143	1,259	856	707	3,966	1,005	#######	#######	#######	1,005	(12.1%)					(12.1%)
Asia*2,5
EMEA						740		554	628	(76)	1,847	596	532	585	(244)	1,469	553	#######	#######	#######	553	(7.2%)					(7.2%)
EMEA*2,5
	Overseas				5,400		4,797	2,912	2,345	15,456	4,157	4,034	2,491	1,980	12,663	3,840	-	-	-	3,840	(7.6%)	(100.0%)	(100.0%)	(100.0%)	(7.6%)
䛭						(32)		(50)	4	(37)	(115)	(32)	(50)	4	(37)	(115)	(27)	#######	#######	#######	(27)	-					-
Other reconciliations*6
䡴䢚䢕䡬䢈䢛						(1,221)		(1,221)	(1,221)	(1,221)	(4,885)	(1,221)	(1,221)	(1,221)	(1,221)	(4,885)	(1,338)	#######	#######	#######	(1,338)	-					-
Group expenses*6
		䝁䜰
Core operating profit of existing		17,179		14,666	13,945	6,590	52,382	10,876	12,795	13,063	5,137	41,872	13,248	(1,230)	-	-	13,264	21.8%	-	(100.0%)	(100.0%)	21.8%
	businesses*7
New businesses*1,6,8				(108)		(157)	(487)	(1,027)	(1,780)	(108)	(157)	(487)	(1,027)	(1,780)	(261)	#######	#######	#######	(261)	-					-
	䝁䜰					17,071		14,508	13,457	5,563	50,601	10,768	12,637	12,575	4,110	40,092	12,987	(1,230)	-	-	13,003	20.6%	(100.0%)	(67.6%)	-	-
Core operating profit*8
*1䠖2022	3	䜙䝉䜾䝯䞁䝖		䜢䛧䛶䛔䜎䛩䚹
*2䠖䛂	䛃	䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶	䛂䛭	䛃䛻		䜑䛶䛔䜎䛩䚹
*3䠖	䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*4䠖				䠤䠠	䛻		䛧䛯		䛷䛩䚹
*3䠖		䚸		䠤䠠		䛻	䛵䛟䜒	䛷䚸	䛸	䛺䜛	䛒䜚䜎䛩䚹
*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-
*1䠖Change in Segment from FY 3/2022.
*2䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.
*3䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.
*4䠖The business plan for China segment specifies targets set solely by NISSIN FOODS HOLDINGS.
*4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.).
*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

3

䛣	䝨䞊䝆䛷	2022	3								䜢	䝧䞊䝇䛷	/ Calculated on a constant currency basis for the overseas business in the quarterly results for the FY 3/2022 in this page.
3.		䝧䞊䝇	䝉䜾䝯䞁䝖				䠄		䠅 / Revenue by Segment on Constant Currency Basis (Quarterly)												/ Mil. Yen
												FY 3/2021 (1)						FY 3/2021					FY 3/2022			FY 3/2021 (COVID19䜢	䛟 / Excl. COVID19) (2)
		Revenue												(COVID19䜢	䛟㻌㻛㻌Excl. COVID19) (2)		䝧䞊䝇㻌㻛㻌Constant Currency Basis*8 (3)	vs FY 3/2022 䠄		/ Change in Ratio䠅 (3)
							1Q			2Q		3Q	4Q	FY		1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS			48,063		48,969	57,884	50,706	205,624	45,663	48,969	57,884	50,306	202,824	46,577				46,577	2.0%					2.0%
MYOJO FOODS				9,659		8,463	9,912	9,515	37,551	8,599	8,463	9,912	9,215	36,191	9,411				9,411	9.4%					9.4%
	䜑䜣					57,722		57,433	67,796	60,222	243,175	54,263	57,433	67,796	59,522	239,015	55,988					3.2%
Domestic Instant Noodles
	䞉													77,696						75,861					-						7.6%
Chilled, frozen foods and			20,053		19,270	19,265	19,106	18,792	19,312	19,262	18,494	20,216	(20,216)	-	-	7.6%	(204.7%)	(100.0%)	(100.0%)
beverages*1
Confectionery*1					7,642		7,083	10,433	15,931	41,091	7,075	7,062	10,449	15,942	40,529	17,063				17,063	141.2%					141.2%
		䜑䜣				27,696		26,354	29,699	35,038	118,788	25,867	26,375	29,712	34,436	116,391	37,279					44.1%
Domestic Non-Instant Noodles
	䛭						792		871	745	933	3,342	1,217	1,256	1,031	1,190	4,696	498				498	(59.1%)					(59.1%)
Domestic others*2,3
		Domestic				86,211		84,659	98,241	96,193	365,306	81,348	85,065	98,540	95,150	360,103	93,766	(20,216)	-	-	73,550	15.3%	(204.7%)	(100.0%)	(100.0%)	101.1%
The Americas					17,743		17,772	17,767	17,589	70,873	13,785	15,219	16,057	16,194	61,257	19,489				19,489	41.4%					41.4%
China (incl. H.K.)*4				11,512		12,769	11,050	12,845	48,177	11,184	12,550	11,050	12,845	47,630	11,366				11,366	1.6%					1.6%
䜰䝆䜰						2,954		3,290	3,227	3,178	12,651	2,806	3,335	3,196	3,178	12,517	3,239				3,239	15.5%					15.5%
Asia*2
EMEA						2,138		2,079	2,439	2,440	9,098	1,779	2,024	2,332	1,985	8,123	2,541				2,541	42.8%					42.8%
EMEA*2
		Overseas				34,349		35,911	34,486	36,054	140,801	29,555	33,130	32,637	34,204	129,528	36,638	-	-	-	36,638	24.0%	(100.0%)	(100.0%)	(100.0%)	24.0%
		䜾	䞊䝥			120,561	120,570	132,727	132,248	506,107	110,904	118,195	131,177	129,354	489,632	130,404	(20,216)	-	-	110,188	17.6%	(117.1%)	(100.0%)	(100.0%)	17.6%
		Group total
4.		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 3/2021 (1)						FY 3/2021					FY 3/2022			FY 3/2021 (COVID19䜢	䛟 / Excl. COVID19) (2)
														(COVID19䜢	䛟㻌㻛㻌Excl. COVID19) (2)		䝧䞊䝇㻌㻛㻌Constant Currency Basis*8 (3)	vs FY 3/2022 䠄		/ Change in Ratio䠅 (3)
	Core Operating Profit
							1Q			2Q		3Q	4Q	FY		1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY	1Q	2Q	3Q	4Q	FY
NISSIN FOOD PRODUCTS			8,700		7,927	10,002	5,359	31,989	5,004	7,134	9,719	4,791	26,649	6,982	#######	#######	#######	6,982	39.5%					39.5%
MYOJO FOODS				1,584		732	708	92	3,117	899	582		708	(74)	2,115	996	#######	#######	#######	996	10.8%					10.8%
	䜑䜣					10,285		8,659	10,710	5,452	35,107	5,903	7,716	10,427	4,717	28,764	7,979					35.2%
Domestic Instant Noodles
	䞉													3,419						2,506					1,246						20.1%
Chilled, frozen foods and			1,600		1,164	621	33	1,024	1,062		558	(138)	1,230	(1,230)	-	-	20.1%	-	(100.0%)	-
beverages*1
Confectionery*1					970		720	1,014	(143)	2,562	790	682	1,000	(160)	2,313	1,015	#######	#######	#######	1,015	28.5%					28.5%
		䜑䜣				2,570		1,884	1,636	(109)	5,981	1,814	1,745	1,559	(298)	4,820	2,245					23.8%
Domestic Non-Instant Noodles
	䛭						176		596	(96)	161	838	254	571	(197)	(2)	625	548	#######	#######	#######	548	115.5%					115.5%
Domestic others*2,3
		Domestic				13,032		11,140	12,249	5,504	41,927	7,972	10,032	11,789	4,415	34,210	10,773	(1,230)	-	-	10,789	35.1%	-	(100.0%)	-	214.5%
The Americas					1,906		1,480	577	81	4,045	1,026	1,022		291	(114)	2,225	1,123	#######	#######	#######	1,123	9.4%					9.4%
China (incl. H.K.)*4				1,536		1,516	856	1,631	5,540	1,391	1,220		758	1,631	5,002	1,020	#######	#######	#######	1,020	(26.7%)					(26.7%)
䜰䝆䜰						1,217		1,246	850	707	4,021	1,143	1,259		856	707	3,966	988	#######	#######	#######	988	(13.5%)					(13.5%)
Asia*2,5
EMEA						740		554	628	(76)	1,847	596	532		585	(244)	1,469	567	#######	#######	#######	567	(4.8%)					(4.8%)
EMEA*2,5
		Overseas				5,400		4,797	2,912	2,345	15,456	4,157	4,034	2,491	1,980	12,663	3,699	-	-	-	3,699	(11.0%)	(100.0%)	(100.0%)	(100.0%)	(11.0%)
䛭							(32)		(50)	4	(37)	(115)	(32)	(50)		4	(37)	(115)	(27)	#######	#######	#######	(27)	-					-
Other reconciliations*6
䡴䢚䢕䡬䢈䢛						(1,221)		(1,221)	(1,221)	(1,221)	(4,885)	(1,221)	(1,221)	(1,221)	(1,221)	(4,885)	(1,338)	#######	#######	#######	(1,338)	-					-
Group expenses*6
			䝁䜰
Core operating profit of existing		17,179		14,666	13,945	6,590	52,382	10,876	12,795	13,063	5,137	41,872	13,107	(1,230)	-	-	13,124	20.5%	-	(100.0%)	(100.0%)	20.5%
		businesses*7
New businesses*1,6,8				(108)		(157)	(487)	(1,027)	(1,780)	(108)	(157)	(487)	(1,027)	(1,780)	(261)	#######	#######	#######	(261)	-					-
		䝁䜰					17,071		14,508	13,457	5,563	50,601	10,768	12,637	12,575	4,110	40,092	12,846	(1,230)	-	-	12,862	19.3%	(100.0%)	(67.9%)	-	-
	Core operating profit*8
*1䠖2022	3	䜙䝉䜾䝯䞁䝖		䜢䛧䛶䛔䜎䛩䚹
*2䠖䛂		䛃	䝉䜾䝯䞁䝖	䛻䛚䛝䜎䛧䛶	䛂䛭	䛃䛻		䜑䛶䛔䜎䛩䚹
*3䠖		䠤䠠䚸	䜰䝉䝑䝖䝬䝛䝆䝯䞁䝖
*4䠖					䠤䠠	䛻	䛧䛯		䛷䛩䚹
*3䠖			䚸		䠤䠠			䛻	䛵䛟䜒	䛷䚸	䛸	䛺䜛		䛒䜚䜎䛩䚹
*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		䝧䞊䝇䠖2021			䜢䚸2020			䝺䞊䝖䛷	䛧䛶䛔䜎䛩䚹䠄	䠖FY3/2022 2Q		䝺䞊䝖	FY3/2021 2Q䝺䞊䝖䠅

*1䠖Change in Segment from FY 3/2022.

*2䠖These are included in "Others" in the "Segment Information" of Summary of Consolidated Financial Statements.

*3䠖"Domestic others" includes NISSIN FOODS HOLDINGS and NISSIN ASSET MANAGEMENT, etc.

*4䠖The business plan for China segment specifies targets set solely by NISSIN FOODS HOLDINGS.

*4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.).

*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: Constant currency basis: Foreign currency amounts in FY 3/2022 are converted into yen at the exchange rate for the same period in FY 3/2021 (e.g., constant currency for FY 3/2022 2Q is FY 3/2021 2Q foreign exchange rate)

4