Nissin Foods Holdings

Kraft Heinz enters ketchup deal in India with Japan's Nissin Foods

11 Feb 2019

US company Kraft Heinz has entered a distribution deal with a subsidiary of Japan's Nissin Foods Group in India.

How instant noodles have won over India - category deep-dive, part one

5 Oct 2018

Instant noodles - a product born in Japan - have reached into south-east Asia and are spreading further across the continent, with India a major market. Per capita consumption in India is lower than the likes of Indonesia and Vietnam but Raghavendra Verma looks at how instant noodles have found a place in the diets of a growing number of Indians.

Premier Foods boss sees off revolt but still faces slog

23 Jul 2018

Premier Foods chief executive Gavin Darby saw off a shareholder revolt this week, winning the vote on his re-election to the role. But any relief over that result will likely be short-lived as the UK manufacturer continues to face the challenge of eking out sales growth from legacy brands in low-growth categories and paying down debts and a hefty pension deficit.

Premier Foods CEO Darby survives vote to replace him at fiery AGM

18 Jul 2018

Gavin Darby, the CEO of the UK's Premier Foods, has survived an attempt to unseat him by activist investors.

Premier Foods says biggest investor Nissin to back under-fire CEO

11 Jul 2018

Premier Foods has said the company's largest shareholder, Japan's Nissin Foods Holdings, is to back the UK manufacturer's under-pressure CEO Gavin Darby when he is up for re-election next week.

Scrutiny will only intensify even if Premier CEO gets re-elected

6 Jul 2018

It would be a surprise Premier Foods' under-fire CEO Gavin Darby is not re-elected at the UK group's AGM on 18 July but activist investor Oasis Management has brought to the fore concerns about the manufacturer's performance. The market will be watching closely if Premier moves forward under its current CEO.

Activist investor Oasis calls on Premier Foods to sell Batchelors brand

5 Jul 2018

Oasis Management, the activist investor which is trying to unseat Premier Foods plc CEO Gavin Darby, has opened a new front in its battle with the UK food company.

Activist investor Oasis calls for Nissin Foods to abstain in Premier Foods CEO re-election vote

4 Jul 2018

Oasis Management, the Hong Kong-based activist investor trying to unseat Premier Foods CEO Gavin Darby, is asking the UK manufacturer's largest shareholder, Nissin Foods Holdings, to abstain in his re-election vote.

Premier Foods seeks to dampen Batchelors sale speculation

15 Jan 2018

The UK's Premier Foods plc has this morning (15 January) sought to dampen weekend press speculation its Batchelors brand is to be sold to Japan's Nissin Foods Holdings.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Nissin Foods drops on HKD904m share debut

11 Dec 2017

Shares in Nissin Foods, the Japanese instant noodle maker, fell on the first day of trading in Hong Kong after the company raised HKD904.4m (US$115.8m) in an initial public offering.

Nissin profits rise on domestic growth

10 Aug 2017

Nissin Foods Holdings has reported rising first-quarter earnings, helped by the Japan-based group's domestic Myojo Foods processed food arm, as well as a rise in group sales.

Nissin profits down but forecasts recovery

24 May 2017

Nissin Foods Holdings has forecast a return to profit growth in its new financial year after the Japanese group saw its earnings decline in the previous 12 months.

Japan's Nissin plots potato crisps factory in China

23 May 2017

Japanese food giant Nissin Foods Holdings is to start manufacturing potato crisps at its China factory, aiming to use the popularity of its instant noodles range to score sales in the snacks sector.

Nissin sales grow but profits pressured

7 Feb 2017

Nissin Foods Holdings' focus on international expansion and branding has enabled the Japan-based group to grow sales during the first nine months of its financial year but increased costs have weighed on the group's profitability. 

Nissin aims to reduce Cup Noodles salt content in Japan

21 Dec 2016

Nissin Foods Holdings is working on plans to reduce the salt content of its Cup Noodles product sold in Japan to attract health-conscious consumers – but said it is too soon to say when or what the level of reduction might be.

Nissin plans new plant in Japan

9 Dec 2016

Nissin Foods Holdings has detailed plans to invest JPY57.5bn (US$500.5m) in the construction of a new production plant in Japan, its first new manufacturing facility in the country in twenty years. 

Premier Foods reveals first fruits of Nissin Foods Holdings tie-up

15 Nov 2016

Premier Foods plc today (15 November) outlined three ways in which the UK company and Japan's Nissin Foods Holdings will join forces in the coming months.

Nissin reformulates Cup Noodles 

15 Sep 2016

Nissin Foods Holdings has reformulated its Cup Noodles brand in the US, reducing sodium, removing added MSG and removing artificial flavours. 

Japan's Frente merges units, changes name

22 Jun 2016

Japanese snack maker Frente has announced plans to merge its four business units and change its name to Koike-Ya. 

The Premier Foods takeover saga - rolling updates and analysis

14 Apr 2016

Here just-food presents rolling coverage and analysis of the takeover interest in Premier Foods from McCormick & Co. Premier rebuffed three proposals from the US spices and seasonings group, while Japan's Nissin Foods Holdings, which outlined a "co-operation agreement" with the UK group in areas such as innovation and distribution, built a stake in the Mr Kipling maker. McCormick has decided against pursuing its interest in the UK group.

What next for Premier Foods? - analysis

14 Apr 2016

Three weeks after Premier Foods revealed McCormick & Co.'s interest in buying the UK group, its US suitor has, after seeing three proposed offers turned down, decided to walk away from the table. Premier insists it has a "strong future" as an independent company. Dean Best reflects on a tumultuous 21 days and considers what lies ahead for the Mr Kipling maker.

McCormick drops Premier Foods takeover interest

13 Apr 2016

McCormick & Co. has dropped plans to make a takeover bid for Premier Foods plc, insisting the price the UK group's board wants is too high.

Premier Foods reveals "constructive" talks with McCormick

6 Apr 2016

Premier Foods today (6 April) revealed it has had "constructive discussions" with McCormick & Co., the US herbs and spices maker that has expressed interest in buying the UK group.

Nissin Foods Holdings increases stake in Premier Foods

30 Mar 2016

Nissin Foods Holdings, the Japanese noodle maker, has increased its stake in Premier Foods, the UK group that is a takeover target of US spices giant McCormick & Co.

Premier Foods rejects new McCormick proposal - but ready to meet suitor

30 Mar 2016

Premier Foods has turned down the latest proposed takeover offer from McCormick & Co. - but the UK group said it was prepared to meet and provide its US suitor with some due diligence.

McCormick ups proposed offer for Premier Foods 

30 Mar 2016

US spice maker McCormick & Co. has returned with a higher proposed offer for Premier Foods, on the condition the Mr Kipling maker opens its books. 

McCormick - We could up Premier Foods offer after due diligence

29 Mar 2016

McCormick & Co. said today (24 March) it would consider making a higher offer for Premier Foods, the UK group that has so far rebuffed two takeover approaches, should the US spices and sauces owner be allowed to undertake some due diligence on the Bisto gravy maker.

Under-fire Premier Foods board insists open to "improved proposals"

24 Mar 2016

Premier Foods today (24 March) insisted its board would assess "improved proposals" to buy the Bisto gravy maker after rebuffing two approaches from McCormick & Co., the US spices and sauces maker, in the last month.

Nissin to acquire 17% stake as Premier Foods fends off McCormick bid

24 Mar 2016

Japanese food giant Nissin Foods Holdings has agreed to acquire a 17.27% stake in Premier Foods plc a day after the Mr Kipling owner revealed it has turned down two takeover approaches from US spice maker McCormick & Co.