Group 1 - Nissin Foods Holdings is acquiring an additional 21% stake in its instant-noodle joint venture in the Philippines, increasing its ownership from 49% to 70% [1] - The move is part of Nissin's strategy to focus on international growth, particularly in Southeast Asia, aiming for approximately 45% of its core operating profit to come from overseas by 2030 [2] - Universal Robina Corp. (URC) will remain the local partner, managing day-to-day operations while Nissin takes on a more significant role in product innovation and brand development [3] Group 2 - Nissin is also planning to establish a subsidiary in Türkiye for noodle production, acquiring a factory and production equipment, indicating a strategic re-entry into the Turkish market [4]

Core Viewpoint - Nissin Foods Holdings is investing TL1.59 billion ($38.1 million) to establish a subsidiary in Turkey for noodle production, marking a strategic re-entry into the Turkish market with plans for regional expansion [1][2]. Group 1: Investment and Expansion - The investment will include the acquisition of a factory in Sakarya province, along with production equipment and fixed assets [2]. - The company aims to expand sales of instant noodles in Turkey and neighboring regions, including Central Asia, the Middle East, and North Africa [2]. Group 2: Strategic Goals - This initiative is part of Nissin Foods' mid-to-long-term strategy through to 2030, which aims to generate approximately 45% of its core operating profit from overseas markets [2]. - The company has already achieved its previous international growth goals and is committed to further strengthening its focus on international markets [3]. Group 3: Financial Performance - For the fiscal year ending March 31, Nissin Foods reported sales of Y776.5 billion ($5.2 billion), a 6% increase year-over-year [3]. - The core operating profit rose 3.6% to Y83.6 billion, while operating profit increased by 1.4% to Y74.4 billion [3]. - However, the company experienced a decline in key metrics in the first quarter of the new fiscal year, with sales down 4.3% to Y177 billion and core operating profit dropping 25.5% to Y17.4 billion [4].