Nissin Foods Holdings Co.,Ltd. (TYO:2897)

Nissin Foods Holdings Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	768,589	776,594	732,933	669,248	569,722	506,107
Revenue Growth (YoY)	2.27%	5.96%	9.52%	17.47%	12.57%	7.94%
Cost of Revenue	502,232	503,642	474,303	448,170	375,219	324,350
Gross Profit	266,357	272,952	258,630	221,078	194,503	181,757
Selling, General & Admin	208,552	209,270	197,252	173,823	151,518	136,590
Other Operating Expenses	2,496	-605	598	-65	-501	609
Operating Expenses	211,048	208,665	197,850	173,758	151,017	137,199
Operating Income	55,309	64,287	60,780	47,320	43,486	44,558
Interest Expense	-2,192	-1,294	-584	-689	-487	-566
Interest & Investment Income	4,319	4,180	3,913	3,222	2,653	1,872
Earnings From Equity Investments	13,048	13,217	13,038	7,998	3,656	5,435
Currency Exchange Gain (Loss)	-	-335	218	-235	320	-399
Other Non Operating Income (Expenses)	-1	290	407	787	373	904
EBT Excluding Unusual Items	70,483	80,345	77,772	58,403	50,001	51,804
Gain (Loss) on Sale of Investments	-	-	-	-	-	4,589
Gain (Loss) on Sale of Assets	-	-707	-380	-278	-389	11
Asset Writedown	-	-2,841	-478	-177	-431	-172
Pretax Income	70,483	76,797	76,914	57,948	49,181	56,232
Income Tax Expense	16,739	17,904	18,197	9,568	10,927	12,893
Earnings From Continuing Operations	53,744	58,893	58,717	48,380	38,254	43,339
Minority Interest in Earnings	-3,379	-3,874	-4,547	-3,620	-2,842	-2,511
Net Income	50,365	55,019	54,170	44,760	35,412	40,828
Net Income to Common	50,365	55,019	54,170	44,760	35,412	40,828
Net Income Growth	-10.08%	1.57%	21.02%	26.40%	-13.26%	39.27%
Shares Outstanding (Basic)	296	298	304	305	309	313
Shares Outstanding (Diluted)	298	300	306	306	311	314
Shares Change (YoY)	-2.57%	-1.86%	-0.17%	-1.47%	-1.04%	0.04%
EPS (Basic)	170.27	184.41	178.16	146.94	114.49	130.64
EPS (Diluted)	169.14	183.22	177.04	146.04	113.84	129.90
EPS Growth	-7.71%	3.49%	21.22%	28.28%	-12.36%	39.21%
Free Cash Flow	-4,850	-13,621	32,035	39,530	29,178	41,412
Free Cash Flow Per Share	-16.29	-45.36	104.70	128.97	93.80	131.75
Dividend Per Share	70.000	70.000	66.700	46.667	40.000	36.667
Dividend Growth	4.95%	4.95%	42.93%	16.67%	9.09%	-
Gross Margin	34.66%	35.15%	35.29%	33.03%	34.14%	35.91%
Operating Margin	7.20%	8.28%	8.29%	7.07%	7.63%	8.80%
Profit Margin	6.55%	7.08%	7.39%	6.69%	6.22%	8.07%
Free Cash Flow Margin	-0.63%	-1.75%	4.37%	5.91%	5.12%	8.18%
EBITDA	88,665	97,524	92,042	76,518	71,726	69,921
EBITDA Margin	11.54%	12.56%	12.56%	11.43%	12.59%	13.81%
D&A For EBITDA	33,356	33,237	31,262	29,198	28,240	25,363
EBIT	55,309	64,287	60,780	47,320	43,486	44,558
EBIT Margin	7.20%	8.28%	8.29%	7.07%	7.63%	8.80%
Effective Tax Rate	23.75%	23.31%	23.66%	16.51%	22.22%	22.93%
Advertising Expenses	-	43,559	40,982	35,635	29,907	28,146

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.