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An announcement from Nissin Foods Holdings Co ( (JP:2897) ) is now available.
Nissin Foods Holdings reported a 4.3% decline in revenue and a 25.5% drop in core operating profit for Q1 FY 3/2026, attributed to rising material costs and yen appreciation. Despite increased revenue in the domestic instant noodles segment, profits were impacted by higher costs. The overseas business faced challenges, particularly in the U.S., affecting overall performance. The company remains aligned with its domestic business plan but faces uncertainty abroad due to material cost fluctuations and exchange rate impacts.
The most recent analyst rating on (JP:2897) stock is a Buy with a Yen5000.00 price target. To see the full list of analyst forecasts on Nissin Foods Holdings Co stock, see the JP:2897 Stock Forecast page.
More about Nissin Foods Holdings Co
Nissin Foods Holdings Co., Ltd. operates in the food industry, primarily focusing on the production and sale of instant noodles and related food products. The company has a significant market presence both domestically in Japan and internationally, with various product lines catering to diverse consumer preferences.
YTD Price Performance: -24.41%
Average Trading Volume: 1,287,396
Technical Sentiment Signal: Sell
Current Market Cap: Yen842.9B
Learn more about 2897 stock on TipRanks’ Stock Analysis page.