Encouraging Students to Strive for Excellence Nurturing Food Science Talent for Future Generations HONG KONG, Jan 18, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) has announced the launch of the Nissin Foods Scholarship for Food and Nutritional Sciences students by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Chinese University of Hong Kong ("CUHK"). The scholarship aims to encourage undergraduate and postgraduate students of CUHK's Food and Nutritional Sciences (Hons) programme to pursue academic excellence. The seven scholarship recipients for the 2022-2023 academic year are: CHAN Hoi Yi, HSU Po Ling, KWAN Ka Yi, LAM Shuk Fan, WONG Wai Yee from the Bachelor's degree programme, and KEI Nelson, LIN Yuhong from the Ph.D programme. The full scholarship is provided by Charity Fund and will be used to pay for tuition fees for eligible students. Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund, said, "At Nissin Foods, we believe that "food-related jobs are sacred profession", because food supports life. Charity Fund is pleased to collaborate with CUHK for the launch of Nissin Foods Scholarship for Food and Nutritional Sciences students. We share similar value in nurturing outstanding and caring food and nutrition professionals, who would contribute to the development of the food industry in Hong Kong as well as to the Hong Kong society at large. We believe that by cultivating a healthy lifestyle through food, a new crop of food and nutrition professionals will emerge to carry on the Team Nissin spirit - passing it on from one generation to the next." Professor Anthony CHAN, Pro-Vice-Chancellor and Vice-President of CUHK, expressed his sincere gratitude for the generosity of the Charity Fund, saying, "The university feels privileged that we share the same vision of innovation as the Nissin Foods (Hong Kong) Charity Fund. Nurturing talent and sparing no effort to provide them with fertile ground to grow and strive for innovation has always been CUHK's top priority. With this aspiration in mind, CUHK seeks to work closely with reliable partners in the promotion of higher education and in providing ample opportunities for students." Mr. Nelson KEI, representative of the recipients expressed his gratitude to Charity Fund and CUHK for establishing the Nissin Foods Scholarship and presented a letter of appreciation to the representative of Charity Fund at the ceremony. He said: "The Nissin Foods Scholarship means so much to me because it helps us realise our dreams, and also motivates us to continue to pursue excellence in our studies." About Nissin Foods (Hong Kong) Charity Fund The Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The objectives of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for people in need; and c) to carry out works of a charitable nature that are beneficial to the Hong Kong community.
HONG KONG, Jan 12, 2023 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce the extension of its sponsorship of Hong Kong tennis player Cody WONG for a period of three years from 2023-2025. Having sponsored Cody since 2021, Nissin Foods has increased its sponsorship support for the 20-year-old star as she continues to make strides on the professional circuit, in the hope that Cody will garner even more honours for herself and Hong Kong on the international arena. Mr. Kiyotaka ANDO (left), Executive Director, Chairman and Chief Executive Officer of Nissin Foods poses with Cody WONG (right) to celebrate the extension of Nissin Foods' sponsorship of Cody for three further years until December 2025. Mr. Kiyotaka ANDO (left), Executive Director, Chairman and Chief Executive Officer of Nissin Foods with Cody WONG (right).Mr. Kiyotaka ANDO (left), Executive Director, Chairman and Chief Executive Officer of Nissin Foods was joined by Mr. Philip MOK, President of the HKTA (first from right) and Cody WONG (second from right) to mark Nissin's announcement.Cody WONG has achieved career high rankings in singles and doubles in 2022 with Nissin's support."We are pleased to extend our support for Cody for a total of five years until 2025," said Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods. "Long-term support is important for elite athletes like Cody. With our support, she will be able to focus on building her skills, strengthening her physique, and enhancing her experience, particularly in international tournaments. Cody is a young talent with so much promise. We hope to give her comprehensive support that can help her to fully realise her talents and reach new heights. True to our founder Mr. Momofuku ANDO's belief that 'eating and sports are the two axles of health', the sponsorship of Cody and youth tennis in Hong Kong aligns with Nissin Foods' commitment to promoting sports and healthy lifestyles." Mr. Philip MOK, President of Hong Kong Tennis Association, said, "I would like to thank Nissin Foods for its committed support of youth tennis and our young elite players in Hong Kong. Support for players like Cody at this pivotal stage of their careers is so important and will allow her to continue her impressive progress on the professional circuit, whilst also inspiring other young players. After a fantastic season last year, we are excited to see how far Cody can go in 2023." "I am so grateful to Nissin Foods for its continued support," commented Cody. "This sponsorship enables me to focus on my tennis and motivates me to train even harder to reach my goals. I cannot thank Nissin Foods enough for this wonderful support throughout my young career."In 2022 Cody won nine doubles title and one singles title on the ITF Women's World Tennis Tour and achieved career-high rankings in both singles and doubles, reaching No. 343 and No.156 in the world, respectively. With the support of Nissin Foods, she is positioned to continue rising in the rankings and to collect more titles in 2023.Nissin Foods is the official Youth Development Partner of the Hong Kong Tennis Association ("HKTA") and the title sponsor of its three major local junior tournaments - the Hong Kong National Junior Tennis Championships, the Hong Kong Junior Tennis Series, and the Hong Kong Junior Tennis Novice Competition. These core events form the basis for local junior development, providing young players with optimal competitive opportunities to gain more match experience, whilst also allowing HKTA to identify promising talents. In recent years Nissin Foods has extended its support to elite players to provide financial assistance to help them maximise their full potential as professional players.About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In Mainland China, the Group has introduced technology innovation through the "ECO Cup" concept into the market and primarily focuses its sales efforts in the first-and second-tier cities. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk.About Hong Kong Tennis AssociationThe HKTA is a non-profit organisation formed in 1909 with over 4,000 individual members and recognised by both the Asian Tennis Federation (ATF) and the International Tennis Federation (ITF). The HKTA's objectives are to promote tennis to all, to nurture talented players to compete at a regional & international level, and to raise the standard of the game in Hong Kong. To meet its objectives, the HKTA organises a number of local and international tennis tournaments, as well as grassroots, junior and elite development programmes, inter-club leagues, coaching certification courses, and a Tennis-For-All open enrollment programme.Please visit http://www.tennishk.org for more information. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) has announced the launch of the Nissin Foods Scholarship for Elite Athletes by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Education University of Hong Kong ("EdUHK").Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund (middle right), and Professor Stephen CHEUNG Yan Leung, President of EdUHK (middle left), announced the launch of the Nissin Foods Scholarship for Elite Athletes. The four scholarship recipients for the 2022-2023 academic year are - Mr. Dickson TAM Joe Dick (first from left); Mr. WONG Hong Ching (second from left); Mr. CHOI Kwan Lok (first from right) and Ms. FU Chi Yan (second from right).The Scholarship is intended to encourage elite athletes who are on the Bachelor of Health Education (Honors) program or the Postgraduate Diploma in Education program at EdUHK to continuously pursue excellence in their athletic performance and their studies to become educators of health in the future. The four scholarship recipients for the 2022-2023 academic year are: Mr. CHOI Kwan Lok (cycling, retired); Ms. FU Chi Yan (badminton); Mr. Dickson TAM Joe Dick (triathlon, retired); and Mr. WONG Hong Ching (shuttlecock).Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund, said, "As a leading food manufacturer, we are not only committed to exploring food-related possibilities and creating fabulous tastes, but also nurturing talents for the food industry and the society. This is why we launched the Scholarship for Elite Athletes. We believe that by cultivating a healthy lifestyle among young people through food and sports, a new crop of elite athletes will emerge to carry on the Team Nissin spirit - passing it on from one generation to the next." Professor Stephen CHEUNG Yan Leung, President of EdUHK, expressed his sincere gratitude to the Charity Fund for their generous donation, and added, "The establishment of the scholarship enables current and retired athletes to diversify their career development. We also hope the perseverance and indomitable spirit these student-athletes demonstrate will set a good example for other students."Ms. ZHANG Ling, Sports Ambassador of Nissin Foods and former Hong Kong No. 1 tennis player, said, "I am glad to see our society showing greater care and appreciation towards athletes and supporting them in different ways. As a professional tennis player, I understand very well the many challenges that elite athletes face and what they need. I'm proud to be part of a team responsible for creating a better learning environment for potential teachers, which will ultimately help various beneficiaries, including the children in need. Through our collaborative efforts, we will play an active role in cultivating future leaders who will have a positive impact on Hong Kong, making it an even better place." About Nissin Foods (Hong Kong) Charity Fund The Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The Charity Fund obtained the tax exemption status for charitable institutions accorded by section 88 of the Inland Revenue Ordinance (Cap. 112) in September 2021. The objectives of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for people in need; and c) to carry out works of a charitable nature that are beneficial to the Hong Kong community. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) announced that its wholly-owned subsidiary Nissin Foods (China) Holding Co., Ltd. ("Nissin Foods China") has won a bid for 29.55% equity interest in Zhuhai Golden Coast Winner Food Products Limited ("Zhuhai Winner") (the "Proposed Acquisition") at RMB352.44 million.An indirect subsidiary of Nissin Foods, Zhuhai Winner is 70.45% owned by Winner Food Products Limited, a wholly-owned subsidiary of the Company, and 29.55% owned by Zhuhai Western Development Co. Upon completion of the Proposed Acquisition, Zhuhai Winner will become an indirect wholly-owned subsidiary of Nissin Foods.Zhuhai Winner is a manufacturer and distributor of instant noodles for Nissin Foods. Its principal activities include production and sale of instant noodles, seasonings, paper food containers and plastic packaging containers. Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We believe the Proposed Acquisition, if materialised, will give us greater flexibility to deploy production capabilities in Hong Kong and Mainland China to respond to market demand and the changing business environment. It will also present a good opportunity to the Group to advance our instant noodles production and distribution, as well as seize the long-term growth trends in the Mainland China, which will in turn bolster the Group's overall income and profitability. The move is also proof of our long-term commitment to the instant noodles business in Hong Kong and Mainland China which is in line with our strategic direction." About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk.For media enquiries:Nissin Foods Company LimitedPublic Relations DepartmentBlanche Wong / Mabel TanEmail: pr@nissinfoods.com.hkFor investor enquiries:Nissin Foods Company LimitedInvestor Relations DepartmentShingo Yamazaki / Fanny Yan Email: ir@nissinfoods.com.hkStrategic Financial Relations LimitedVicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hkAggie Fang Tel: (852) 2114 4987 Email: aggie.fang@sprg.com.hkMaggie Ko Tel: (852) 2864 4890 Email: maggie.ko@sprg.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Aug 3, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced the launch of the Nissin Foods Orange Tennis Community Programme (Tai Po) by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Hong Kong Tennis Association ("HKTA"), offering regular weekly trainings for young players to promote healthy living. Mr. Kiyotaka ANDO, Chairman of the Advisory Committee of the Charity Fund (middle), Mr. Philip Mok, HKTA President (left) & Ms. ZHANG Ling, Nissin Foods Sports Ambassador join the kids for a group photo after the Kick-off Ceremony.The programme marks the first initiative funded by the Nissin Foods Charity Fund, in accordance with its vision to promote healthy living via eating and sports. Registered as a charitable institution since September 2021, the Nissin Foods (Hong Kong) Charity Fund was built upon Nissin Food's founder Mr. Momofuku Ando's belief that "Eating and sports are the two axles of health." Its mission is to advance education, to make provision for the people in need, and to carry out charitable works beneficial to the Hong Kong community. "We are delighted to launch the first initiative to be funded by the Nissin Foods Charity Fund," said Mr. Kiyotaka ANDO, Chairman of the Advisory Committee of the Charity Fund. "The Orange Tennis Community Programme is a worthy initiative that provides opportunities for disadvantaged young people to participate in sports, in line with the goals of the Charity Fund and our broader company ethos. Nissin Foods is strongly committed to the promotion of sports, physical activities, and a healthy lifestyle for all." "We are honoured to be the first recipients of the Nissin Foods Charity Fund," remarked Mr. Philip MOK, President of The Hong Kong Tennis Association ("HKTA"). "The Orange Ball Programme offers an invaluable continuous experience in tennis for thousands of young players and we are excited to expand it to Tai Po. Players who are able to experience tennis for a second year after participating in our entry-level 'Tennis Rocks' programme are more likely to further their development and commit to playing tennis in the long-term. We are hugely thankful for Nissin Food's continued partnership to enable our grassroots youth programmes to flourish," MOK added.To launch the programme, Nissin Foods Sports Ambassador and former Hong Kong No.1 ZHANG Ling attended a ceremony ahead of training commencing in July 2022. ZHANG will act as a mentor for the programme and make regular visits to training sessions to inspire and nurture the participants. The Nissin Foods Orange Tennis Community Programme in Tai Po extends HKTA's Orange Ball Programme which is designed to provide players aged 7-10 years from disadvantaged backgrounds a second tennis experience to further their development. It is the first initiative of its kind in Tai Po and will offer weekly trainings to young players across 4,300 coaching hours in its first year.About Nissin Foods (Hong Kong) Charity Fund The Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The Charity Fund obtained the tax exemption status for charitable institutions accorded by section 88 of the Inland Revenue Ordinance (Cap. 112) in September 2021. The objects of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for the people in need; and c) to carry out works of a charitable nature beneficial to the Hong Kong community. About Hong Kong Tennis AssociationThe HKTA is a non-profit organization formed in 1909 with over 4,000 individual members and recognised by both the Asian Tennis Federation (ATF) and the International Tennis Federation (ITF). The HKTA's objectives are to promote tennis to all, to nurture talented players to compete at a regional & international level, and to raise the standard of the game in Hong Kong. To meet its objectives, the HKTA organises a number of local and international tennis tournaments, as well as grassroots, junior and elite development programmes, inter-club leagues, coaching certification courses, and a Tennis-For-All open enrollment programme.Please visit www.tennishk.org for more information. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
This collaboration will build on the continued success of their shelf stable category while expanding the opportunity for deeper consumer connection. Somerset, NJ, August 03, 2022 – (SEAPRWire) – Tabatchnick Fine Foods, America’s oldest family-owned national brand soup company, is embracing the digital future by announcing the launch of their official Amazon.com store. Customers can now buy Tabatchnick’s shelf stable broths online from anywhere in the continental United States for delivery right to their doorstep. Available varieties of broths include Classic Wholesome Chicken Broth, Organic Chicken Broth, Vegetable Broth, and Gourmet Beef Broth. To shop for Tabatchnick broths on Amazon, visit: https://www.amazon.com/tabatchnick The broths contain no artificial sugars, colors, flavors or antibiotics. They are also fat-free and cholesterol-free. The 32-ounce broths have been praised for their remarkable depth of flavor and low-calorie count, with only 5-10 calories per serving. Tabatchnick broths are a great foundation for soups, stews, meats, rice, pasta, and countless other recipes. Expanding their business into e-commerce has been a long-time goal of Rita Tabatchnick, President of Tabatchnick Fine foods. “We are excited to offer our delicious shelf stable broths for sale on Amazon’s website. Customers will be able to benefit from Amazon’s convenient online shopping experience to find and purchase our high-quality broths, now from the comfort of their homes,” stated Tabatchnick. Choosing Amazon as the e-commerce platform to sell their products was an easy one for the company. Capitalizing on Amazon’s massive user base, infrastructure, and customer service solutions proved to be a winning recipe. To learn more about Tabatchnick Fine Foods, please visit: www.Tabatchnick.com About Tabatchnick Fine Foods Tabatchnick is a nationally recognized soup company with over 30 varieties of hearty soups and broths. Now, in its 117th year of operation, Tabatchnick continues its tradition of serving award-winning foods, using only the freshest and highest quality ingredients in their products. As an industry leader, Tabatchnick developed a revolutionary process of freezing their soups to lock in the flavor and freshness of the ingredients. The company has innovative product lines featuring low sodium, organic, gluten free, and various others. All Tabatchnick products are certified kosher. In addition to producing an amazing line of soups and broths, Tabatchnick is also focused on charitable contributions. The company partners with Holy Apostles Soup Kitchen, the largest in New York City, to help feed the homeless. Media contact Brand: Tabatchnick Fine Foods Contact: Greg Cayo E-mail: Greg@tabatchnick.com Website: https://www.tabatchnick.com/ Address: 1230 Hamilton Street, Somerset, NJ 08873-3343 Telephone: +1 732-247-6668 SOURCE: Tabatchnick Fine Foods The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
TOKYO, Apr 27, 2022 - (JCN Newswire via SEAPRWire.com) - Nissin Food Products Co., Ltd. (Nissin Foods) and Toyota Motor Corporation (Toyota) have initiated an agreement to jointly foster human well-being through healthy eating. This proposed plan will explore using Nissin's innovative food offering, based on the latest molecular nutritional science, to provide personalized, delicious, and healthy "Complete Nutrition Meals" for Woven City. Woven City is being developed in Susono City, Shizuoka Prefecture on behalf of Toyota by Woven Planet, Inc. (Woven Planet), a Toyota subsidiary.Specifically, the following initiatives will be considered.1. A joint demonstration on expanding food choices for Woven City and improve residents' health through the provision of "Complete Nutrition Meals"2. Connect data to provide "Complete Nutrition Meals" optimization based on each individual's needsThrough Woven City, Toyota is aiming to transform itself into a mobility company and will conduct many demonstrations with various partners. With Woven City, Toyota is taking on the challenge of pursuing well-being for all and expanding the very definition of "mobility" to make it more human-centered. The word "mobility" includes not only getting from point A to point B, but also "moving" people's hearts.Under the slogan "Beyond Instant Foods," Nissin Foods is taking on the challenge of creating a new food culture that goes beyond the value of instant foods. As one of these efforts, Nissin Foods has been researching "Complete Nutrition Meals" that provide all the necessary nutrients with controlled calories, salt, sugar, and fat, while maintaining the appearance and taste of the food. Applying the technology they have developed for instant noodles and other products, Nissin Foods is making various efforts to realize food for the future by utilizing proprietary and cutting-edge food production technology.Nissin Foods' goal of "Beyond Instant Foods" and Toyota Woven City's goal of "broadening the scope of mobility" are essentially the same, even if the industries involved are different. These aspirations of both companies are in line with each other, and have led to this basic agreement. The two companies will work together to realize well-being through food by offering Nissin Foods' "Complete Nutrition Meals" in Woven City, aiming for delicious and healthy products that are optimized for each individual's needs."We strongly share Toyota's vision of 'well-being for all' and are very pleased to be a part of Woven City. This initiative is the first step toward realizing a 'new diet' that allows people to enjoy a 'Complete Nutrition Meal' optimized for each individual anytime, anywhere. We will continue to work on improving well-being through food by conducting medium to long-term demonstrations in Woven City based on the themes of 'food and nutrition' and 'the correlation between food and the extension of healthy life expectancy.' We will continue to take on further challenges to realize a world where people can enjoy whatever they want, whenever they want, and as much as they want, as never seen before, under the slogan "#Japan as a nation on the cutting edge of preventive medicine," said Noritaka Ando, Executive Vice President & Representative Director, Chief Operating Officer of NISSIN FOODS HOLDINGS CO., LTD. and President & Representative Director of Nissin Food Products Co., Ltd."We are excited to partner with Nissin Foods, Japan's leading food production company which is on an ongoing mission to create a new food culture beginning with the development of the world's first instant noodles. Through Woven City, Toyota strives to achieve well-being for all by conducting trials that will expand the meaning and value of 'mobility' and create healthy and satisfying eating experiences that 'move' people's hearts. While health requirements and eating preferences differ across individuals, within the living laboratory of Woven City, we will learn more about how custom diets inspire healthier lifestyles and greater happiness.The problem of food waste and lack of access to affordable, healthy food is a global human rights issue. Toyota and Woven Planet believe that Toyota Production System principles that Toyota developed and implemented in Just-In-Time delivery of parts and supplies for manufacturing operations, have the potential to improve food supply chain operations, optimize freshness, and reduce food waste, if applied to food production and delivery," said James Kuffner, Board of Directors Member and Chief Digital Officer of Toyota Motor Corporation and CEO of Woven Planet, Inc.About Nissin FoodsNissin Food Products Co., Ltd. (Nissin Foods) history begins in 1958, from the invention of the world's first instant noodles, Chicken Ramen. Since then, Nissin Foods has continued to create new food cultures through the development of products such as the first cup-type instant noodles, Cup Noodles, and the world's first space food ramen, Space Ram. The instant noodles market has since been growing globally, now reaching an annual consumption of 100 billion servings. As a pioneer in creating new food cultures, Nissin Foods will continue to lead the global food scene through creativity and technology, under the slogan: "Beyond Instant Foods".For more information, please visit https://www.nissin.com/en_jp/About Toyota Motor CorporationToyota Motor Corporation (Toyota) (NYSE: TM) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 28 countries and regions, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries and regions under the brands Toyota, Lexus, Daihatsu and Hino.For more information, please visit https://global.toyota/en/About Woven PlanetWoven Planet is building the safest mobility in the world. A subsidiary of Toyota, Woven Planet innovates and invests in new technologies, software, and business models that transform how we live, work and move. With a focus on automated driving, smart cities, robotics and more, Woven Planet builds on Toyota's legacy of trust to deliver secure, connected, reliable, and sustainable mobility solutions for all.Learn more at https://www.woven-planet.global/en Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jan 5, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) will adjust the ex-factory price of its key instant noodle products in Mainland China, effective 1 March 2022. The most recent price adjustments by Nissin Foods on its instant noodles in Mainland China was over a decade ago in 2011. As a leading food manufacturer, the Group has been devoted to enhancing the taste and quality of its products while also ensuring a stable supply of quality instant noodles at reasonable prices for the past 11 years. In face of the increasing cost pressures from the unstable supply and soaring price of raw materials, particularly in the past year, the Group has been working to offset the rising costs by improving its production efficiency and reducing expenses. It has come to the point where the Group found it necessary to adjust its product prices in order to alleviate the cost pressure in a more effective manner. Effective 1 March 2022, Nissin Foods will increase the ex-factory price of its key instant noodle products in Mainland China by a mid-single-digit percentage point on average. The price adjustment will be applied to Cup Noodles, Demae Iccho (bag, cup and bowl types), Nissin Pasta, Raoh and so on. Nissin Foods appreciates the understanding of all business partners and consumers. The Group remains committed to providing safe, tasty and quality products to delight consumers. In addition, Nissin Foods will continue to make investments in order to improve its operational efficiency and enhance its product portfolio, ensuring sustainable growth and creating higher value for shareholders.About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk. For media enquiries:Nissin Foods Company LimitedPublic Relations DepartmentBlanche Wong / Riko Lee Email: pr@nissinfoods.com.hkFor investor enquiries:Nissin Foods Company LimitedInvestor Relations DepartmentShingo Yamazaki Email: ir@nissinfoods.com.hkStrategic Financial Relations LimitedVicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hkSharon Lau Tel: (852) 2864 4852 Email: sharon.lau@sprg.com.hkAggie Fang Tel: (852) 2114 4987 Email: aggie.fang@sprg.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Nov 9, 2021 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce that it has received approval for the maximum funding support of HK$15 million (the "Funding Support") under the Re-Industrialisation Funding Scheme ("RFS") of the Innovation and Technology Commission ("ITC") today (9 November 2021), to be used for the installation of a new smart production line in Hong Kong. The signing ceremony was attended by (from left to right): Mr. Indiana WONG, Assistant Commissioner for Innovation and Technology (Funding Schemes); Ms. Rebecca PUN, The Commissioner for Innovation and Technology; Mr. Kiyotaka ANDO, Executive Director, Chairman and CEO of Nissin Foods Company Limited; and Mr. Yasuhiro YAMADA, Executive Director of Nissin Foods Company Limited. Funded by the Re-Industrialisation Funding Scheme, Nissin Foods will set up a smart production line with robotics, sensors and smart systems with real-time monitoring on the production of instant noodles in the Nissin Plant, Tai Po Industrial Estate (visual provided by Nissin Foods Company Limited). The Funding Support will be used to implement a new smart and automated production line in one of Nissin Foods' production plants located at the Tai Po Industrial Estate. The new line will employ robotics, sensors and smart systems for the production of instant noodle products, enabling real-time monitoring of the production process. Scheduled for completion by July 2023, the new smart production line is set to improve production and space efficiency, as well as production flexibility, which is in line with Nissin Foods' business development strategy to maintain its leadership position in Hong Kong. The HKSAR Government (the "Government") has been promoting re-industrialisation in order to enhance economic growth and to develop a strong high-end manufacturing industry in Hong Kong. Launched in July 2020 under the ITC, the RFS aims to encourage smart manufacturing by providing subsidies to companies that set up smart production lines in Hong Kong. Nissin Foods is proud to be the first food manufacturer and the second company to receive the maximum funding support from the RFS, demonstrating its commitment to develop a strategic business in Hong Kong and to upskill industry talents to become subject matter experts through the use of smart technologies. Ms. Rebecca PUN, the Commissioner for Innovation and Technology, said at the signing ceremony of the funding agreement, "We are glad that the well-known food group, Nissin Foods Company Limited, will set up a new smart production line for instant noodles in Hong Kong through adoption of smart technologies. Since the launch of the RFS, about half of the applications were from food manufacturing and processing industry, testifying the huge potential the industry enjoys in moving towards re-industrialisation in Hong Kong. We will continue to support smart production and re-industrialisation of local food manufacturing and processing industry, strengthening the 'Made in Hong Kong' brand". Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "Nissin Foods is proud to be the first food manufacturer and the second company to gain approval for the maximum funding under the Re-Industrialisation Funding Scheme. Our dedication to the development of smart production in Hong Kong echoes the Government's call for technology advancement in local manufacturing. As a leading food manufacturer, we are committed to providing consumers with quality products by continuously improving our production and efficiency. We believe the integration of advanced technologies will strengthen our overall competitiveness and create sustainable value for our stakeholders." About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept into the market and primarily focuses its sales efforts in first-and second-tier cities in Mainland China. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - From cell-based steaks to algae shakes, farms of the future here are developing novel foods to replace meat. First, however, these sustainable proteins must be judged safe to eat. This is the idea behind a research hub launched at Nanyang Technological University (NTU) on Tuesday (April 27). Sustainable proteins could provide the island nation with a reliable long-term source of food - as long as they are safe. "No food safety, no food security," said Professor William Chen, director of the university's food science and technology programme The new Future Ready Food Safety Hub will support local and overseas agri-food companies by studying new ways to assess food safety risks in novel foods. To help these companies get their food products approved and on grocery shelves and menus sooner, the scientists at the hub are working to address emerging issues in food safety early. Prof Chen, who will be the principal investigator for NTU at the hub, noted that no risk assessment framework has been set up so far in Singapore to evaluate the safety of many novel foods that are emerging. This is the gap that the research hub wants to fill. "With the increasing efforts in building our food security, more and more novel foods from the urban areas would emerge, from land-based aquaculture to cultivated meat. It is therefore important to establish a proper food safety framework before the foods are available on consumers' dining plates," said Prof Chen. He added that food technology companies can connect with the hub through consultancy work and research collaborations. The food safety hub was established in collaboration with NTU, the Singapore Food Agency (SFA), and the Agency for Science, Technology and Research (A*Star). It was launched by Minister for Sustainability and the Environment Grace Fu on Tuesday at the opening ceremony of NTU's inaugural Food Science and Technology Global 2021 conference. Noting that food safety is more critical for future foods that do not have a history of consumption, Ms Fu said: "When it became clear to us that novel foods such as cultured meat could be an emerging growth area, SFA started engaging the scientific community and industry on the possible approaches to regulate the safety of novel foods and ingredients." Ms Fu added that consumers also play an important role in food safety. A toxicology test being conducted at NTU FST lab. The Future Ready Food Safety Hub will be running such tests, amongst others. ST PHOTO: NG SOR LUAN "While (the food safety hub) collaborates with stakeholders to enhance food safety, it will also work with them to enhance public awareness of novel foods. "This will help consumers better understand the safety and benefits of certain types of novel foods, as well as emerging food safety risks. With this knowledge, consumers will be better equipped to make informed choices," she said. The conference - a two-day hybrid event - will bring together food science experts here and abroad to discuss the various technologies in bolstering food security, in a time when climate change and population growth are existential threats. The food safety hub - housed in NTU's School of Chemical and Biomedical Engineering - is currently working with several local and overseas start-ups that are developing novel foods and alternative proteins, said an NTU spokesman. The hub is also in talks with high-tech aquaculture firms and vertical farms. The agri-food sector burgeoned in 2019 as Singapore set out its "30 by 30" goal to produce 30 per cent of its nutritional needs by 2030. At the same time, interest began to grow in plant-based meat alternatives. Minister for Sustainability and the Environment Grace Fu (third from right) at NTU's Food Science and Technology Global 2021 conference on April 27, 2021. ST PHOTO: NG SOR LUAN More on this topic Related Story More companies entering the novel food space offering alternative protein Related Story S'pore start-up raises US$10m as it gears up to launch plant-based chicken product Enterprise Singapore said that over the past two years, more than 15 start-ups in alternative proteins have set up base in Singapore, and their products include plant-based protein, as well as fermented and cultured meat. In December last year, Singapore became the first country to approve the sale of a cell-based meat - cultured chicken bites by Californian firm Eat Just. The chicken bites by Eat Just is the first product to pass SFA's evaluation process under the new regulatory framework. PHOTO: COURTESY OF EAT JUST Dr Ralph Graichen, senior director of the food and consumer cluster of A*Star's Biomedical Research Council and chair of the food safety hub's advisory committee, said: "By tapping research and development to improve food safety and facilitate the introduction of novel foods to the market, Singapore is well on its way to becoming a leading agri-food and nutrition hub." The hub will comprise multiple disciplines, such as food science, microbiology and toxicology. In November 2019, SFA published on its website a document detailing information that would be required for the safety assessment of novel foods. Companies producing novel foods need to submit safety assessments of their products for SFA's review before they are allowed for sale, said SFA. The assessments cover various food safety risks, including toxicity and the presence of allergens. Companies must also provide detailed information on the materials used in their manufacturing processes. More on this topic Related Story Growing interest in plant-based meat Related Story Future food: Growing meat in lab to help meet supply needs
HONG KONG, Jan 5, 2021 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, the "Group"; Stock code: 1475) announced that the Group has made an initial investment in production and storage facilities for frozen noodles in its Shunde Plant in the PRC. A first for the Group in the PRC on frozen noodles, this initiative will not only further enrich its product portfolio, but also capture the growing demand for frozen food products and premium noodles in the PRC. The facilities will commence operation this month, and the products will hit the shelves in the first quarter of 2021. Nissin Foods' first production of frozen noodles in the PRC will hit the shelf in Beijing and Chengdu in the first quarter of this year. The inaugural products are a collaboration with one of the most popular Japanese ramen shops, "Hakata Ikkosha". Two authentic Japanese flavours, namely Hakata Tonkotsu Ramen (Photo 1) and Spicy Tonkotsu Ramen (Photo 2), featuring a rich and creamy pork bone soup base and Japanese Chashu pork with vegetables will be introduced. Introducing Japanese "ice crown manufacturing method" to its production is another first for the Group in the PRC. This method helps retain the original taste, moisture and chewiness of the noodles by wrapping the noodles with ice cubes, akin to putting on an "ice blanket". After heating in a microwave oven for 3 and a half minutes, the ice cubes melt away and the noodles are steamed and moistened in a specially made pouch. With this, consumers can now conveniently prepare the most authentic Japanese premium noodles and enjoy eating at home. The inaugural products are a collaboration with one of the most popular Japanese ramen shops, "Hakata Ikkosha". Two authentic Japanese flavours, namely Hakata Tonkotsu Ramen and Spicy Tonkotsu Ramen, featuring a rich and creamy pork bone soup base with Japanese Chashu pork with vegetables will be introduced. The frozen noodles will be exclusively available at 7-Eleven in Beijing and Chengdu. Separately, the Group's frozen noodles under the "Nissin Foods" brand will also be sold in mid-to high-end supermarkets in the PRC within the year. Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "Year 2021 will be a continuation as well as a new start for Nissin Foods, as we keep enhancing our core instant noodle offering with new innovations while expanding our business with new initiatives. As consumer demand for frozen food products and premium instant noodles continues to gather momentum in the PRC, Nissin Foods is well equipped to capture the growing market with the introduction of premium frozen noodles for the PRC market. We will continue to invest and work with more Japanese ramen shops to develop new flavours and take new initiatives to delight our customers, which in turn will allow us to achieve sustainable business growth and bring fruitful returns to our shareholders."About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and the PRC with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the PRC market, the Group has introduced technology innovation through the "ECO Cup" concept into the market and primarily focuses its sales efforts in first-and second-tier cities located in the eastern and southern parts of the PRC. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk. For media enquiries:Nissin Foods Company LimitedPublic Relations DepartmentBlanche Wong / June LauEmail: pr@nissinfoods.com.hkFor investor enquiries:Nissin Foods Company LimitedInvestor Relations DepartmentShingo Yamazaki / Peter KwokEmail: ir@nissinfoods.com.hkStrategic Financial Relations LimitedVicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hkCarven Tsui Tel: (852) 2864 4859 Email: carvensm.tsui@sprg.com.hkCara Lau Tel: (852) 2864 4890 Email: cara.lau@sprg.com.hk Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 6, 2020 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) has today announced its 2020 financial information for the nine months ended 30 September 2020 ("the reporting period"). Revenue of the Group amounted to HK$2,685.6 million, representing a year-on-year (YoY) increase of 14.4% from HK$2,348.1 million. Gross profit increased by 16.3% YoY to HK$895.9 million (2019: HK$770.1 million), with gross profit margin increasing by 0.6pp to 33.4% (2019: 32.8%), mainly attributable to the reduction in utility overheads, the relatively stable price for key raw-materials YoY as well as the shift of product mix in Hong Kong, but offset by the increase in the purchase of finished goods. Profit attributable to owners of the Company was HK$264.0 million, representing an increase of 25.0% YoY from HK$211.2 million. Segment results improved by double-digit growth of 34.5% YoY to HK$346.9 million from HK$258.0 million. For the Hong Kong operations, revenue recorded an increase of 11.6% YoY to HK$1,071.3 million (2019: HK$960.2 million), mainly attributable to the surge in demand for most types of instant noodles and frozen food products in Hong Kong, as customers were more inclined to stay home due to the COVID-19 pandemic. As for the PRC operations, revenue increased by 16.3% YoY (in local currency: 19.9%) from HK$1,388.0 million to HK$1,614.3 million, due to improvement in sales volume of cup-type instant noodles and the made-in-Hong Kong bag-type instant noodles in PRC. Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "While the COVID-19 pandemic continues to have a far-reaching socio-economic impact on people around the world, we at Nissin Foods feel privileged that our products are well received by consumers and that our business fundamentals remain solid. The Group has continued to deliver steady results in the third quarter of 2020, with double-digit revenue growth in Hong Kong and the PRC. What's more, Nissin Foods has been added as a constituent of the Hang Seng family of indexes during the reporting period. The inclusion reflects investors' unwavering trust in Nissin Foods, as well as the capital market's recognition of the Group's performance and business outlook. Going forward, we will continue to look for good opportunities to broaden our revenue stream and enhance our overall competitiveness, so as to bring sustainable returns to our shareholders."About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and the PRC with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the PRC market, the Group has introduced technology innovation through the "ECO Cup" concept into the market and primarily focuses its sales efforts in first-and second-tier cities located in the eastern and southern parts of the PRC. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk. For media enquiries:Nissin Foods Company LimitedPublic Relations DepartmentBlanche Wong / June LauEmail: pr@nissinfoods.com.hkFor investor enquiries:Nissin Foods Company LimitedInvestor Relations DepartmentShingo Yamazaki / Peter KwokEmail: ir@nissinfoods.com.hkStrategic Financial Relations LimitedVicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hkCarven Tsui Tel: (852) 2864 4859 Email: carvensm.tsui@sprg.com.hkCara Lau Tel: (852) 2864 4890 Email: cara.lau@sprg.com.hk Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com