28-1, 6-chome, Shinjuku, Shinjuku-ku, Tokyo 160-8524
Japan
Telephone : 81-3-3205-5111
Fax : 81-3-3205-5059 http:// www.nissinfoods.co.jp
2004
Nissin Food’s slogan “NO BORDER” reflects a philosophy we hold dear: there should be no borders in people‘s hearts just as there are no borders to the enjoyment of tasty foods.
ANNUAL REPORT
ANNUAL REPORT 2004
Printed in Japan
Nissin Foods has always been the market pioneer.
Nissin Foods’ Slogan in 2004 is “NO BORDER”
Preface
According to the International Ramen Manufacturers Association (IRMA), annual
worldwide
demand for instant noodles has reached 65.3 billion servings in calendar 2003 and continues to expand. The following chart shows that Asia accounts for 87% of the total. The primary target of
Nissin Food Products Co., Ltd., is no less than the No.
1 global share. As a result, the Company, the pio-
neer of instant noodles, is expanding sales and marketing activities around the globe, not just in Asia.
1958 –
Chicken Ramen
1971 –
Cup Noodle
1971 –
Top Ramen
1992 –
Nissin Rao
2002 –
Nissin GooTa
Basic Data
C O N T E N T S
Financial Highlights
To Our Shareholders
Review of Operations
Domestic Operations
Overseas Operations
Research and Development
Food Safety and Environmental Protection
Chairman Momofuku Ando
Promoting Sports and Culture
Board of Directors
Financial Section
Consolidated Six-Year Summary of
Selected Financial Data
Financial Review
Consolidated Balance Sheets
Consolidated Statements of Income
Consolidated Statements of
Shareholders’ Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Independent Auditors‘ Report
Worldwide Network
Corporate Data
Investor Information
Chicken Ramen launched the world’s instant noodle market.
2003 Instant Noodle Markets and Nissin Foods Group’s Share
2
3
7
8
12
16
17
18
19
20