Nissin Foods to Take Control of Philippine Noodle Joint Venture

An update from Nissin Foods Holdings Co ( (JP:2897) ) is now available.

Nissin Foods Holdings will acquire an additional 21% stake in Philippine joint venture Nissin-Universal Robina Corporation from local partner Universal Robina Corporation via its Thai subsidiary, lifting its ownership to 70% and converting NURC into a consolidated subsidiary from January 2027. The move supports Nissin’s 2030 growth plan to boost overseas profit contribution and deepens its presence in the fast-growing Philippine instant noodle market, where rising GDP, population, and purchasing power are driving steady demand and strong sales of flagship CUP NOODLES products.

By securing majority control, Nissin aims to accelerate decision-making, allocate resources more flexibly, and further strengthen its competitive position in Southeast Asia’s expanding instant noodle sector. Universal Robina will retain a 30% stake, preserving a strategic partnership that leverages URC’s consumer goods footprint while allowing Nissin to more fully integrate NURC’s operations and financial results into its global portfolio.

The most recent analyst rating on (JP:2897) stock is a Hold with a Yen3402.00 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. is a Japanese food manufacturer best known for its instant noodles and related products. The company is pursuing an international growth strategy, with a focus on expanding its overseas business, particularly in high-potential markets such as Southeast Asia where instant noodle consumption is deeply established and growing.

Average Trading Volume: 1,308,817

Technical Sentiment Signal: Hold

Current Market Cap: Yen882.8B

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