Prices as of 2026/10/30 close
Company comparison · Flour Milling & Instant Noodles


Nisshin Seifun is the largest by revenue at ¥865.0B, followed by Nissin (¥788.1B), Toyo Suisan (¥536.6B) and NIPPN (¥418.4B).
Toyo Suisan has the highest operating margin at 16.0%, 10.7 points above the lowest, NIPPN (5.3%).
Revenue growth in the latest results: Toyo Suisan +4.8%, NIPPN +1.8%, Nisshin Seifun +1.6%, Nissin +1.5%. For next year, Nissin guides for the fastest operating profit growth (+11.5%).
Nisshin Seifun pays the most on average (¥8.93M), ¥1.95M more than Toyo Suisan (¥6.98M).
Over the past year the shares moved NIPPN +31.8%, Nisshin Seifun +27.4%, Nissin +9.5%, Toyo Suisan +7.8%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Toyo Suisan aheadNisshin Seifun 1 : Nissin 0 : Toyo Suisan 2 : NIPPN 0
Revenue: Nisshin Seifun ¥865.0B / Nissin ¥788.1B / Toyo Suisan ¥536.6B / NIPPN ¥418.4B
ProfitabilityInvestors
Toyo Suisan aheadNisshin Seifun 1 : Nissin 0 : Toyo Suisan 2 : NIPPN 0
Operating margin: Nisshin Seifun 5.4% / Nissin 7.9% / Toyo Suisan 16.0% / NIPPN 5.3%
GrowthInvestors
Toyo Suisan aheadNisshin Seifun 0 : Nissin 2 : Toyo Suisan 3 : NIPPN 0
Revenue growth (YoY): Nisshin Seifun +1.6% / Nissin +1.5% / Toyo Suisan +4.8% / NIPPN +1.8%
Stock & balance sheetInvestors
EvenNisshin Seifun 1 : Nissin 0 : Toyo Suisan 0 : NIPPN 1
Share price, 1 year: Nisshin Seifun +27.4% / Nissin +9.5% / Toyo Suisan +7.8% / NIPPN +31.8%
Pay & workforceJob seekers
EvenNisshin Seifun 1 : Nissin 0 : Toyo Suisan 1 : NIPPN 1
Average salary: Nisshin Seifun ¥8.93M / Nissin ¥8.80M / Toyo Suisan ¥6.98M / NIPPN ¥7.58M
| Metric | Nisshin Seifun | Nissin | Toyo Suisan | NIPPN |
|---|---|---|---|---|
| Revenue | ◎¥865.0B | ¥788.1B | ¥536.6B | ¥418.4B |
| Operating profit | ¥46.7B | ¥62.3B | ◎¥85.8B | ¥22.1B |
| Net income | ¥32.6B | ¥45.4B | ◎¥70.2B | ¥21.8B |
| Metric | Nisshin Seifun | Nissin | Toyo Suisan | NIPPN |
|---|---|---|---|---|
| Operating margin | 5.4% | 7.9% | ◎16.0% | 5.3% |
| Net margin | 3.8% | 5.8% | ◎13.1% | 5.2% |
| ROE | — | — | — | 8.3% |
| Revenue per employee | ◎¥2.4B | ¥847M | ¥245M | ¥336M |
| Metric | Nisshin Seifun | Nissin | Toyo Suisan | NIPPN |
|---|---|---|---|---|
| Revenue growth (YoY) | +1.6% | +1.5% | ◎+4.8% | +1.8% |
| Operating profit growth (YoY) | +0.7% | −16.2% | ◎+12.1% | +2.8% |
| Revenue CAGRlast 5 years | +4.9% | +9.3% | ◎+9.5% | — |
| Guidance: revenue growthnext FY plan | +0.6% | ◎+9.1% | +4.4% | +2.8% |
| Guidance: op. profit growthnext FY plan | −1.5% | ◎+11.5% | −4.4% | −11.7% |
| Metric | Nisshin Seifun | Nissin | Toyo Suisan | NIPPN |
|---|---|---|---|---|
| Share price, 1 year | +27.4% | +9.5% | +7.8% | ◎+31.8% |
| Share price, 3 months | ◎+5.8% | −0.3% | −2.8% | +0.2% |
| P/E (trailing)lower = cheaper | — | — | — | 11.1x |
| Equity ratio | — | — | — | 60.8% |
| Share price (close) | ¥2,236 | ¥3,040 | ¥11,040 | ¥2,920 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Nisshin Seifun | Nissin | Toyo Suisan | NIPPN |
|---|---|---|---|---|
| Average salary | ◎¥8.93M | ¥8.80M | ¥6.98M | ¥7.58M |
| Starting salary (monthly) | ¥252,400 | ¥215,000 | ¥252,000 | ◎¥254,270 |
| Average tenure | 15.1 yrs | 9.3 yrs | ◎16.5 yrs | 14.4 yrs |
| Average age | 41.9 | 39.6 | 41.3 | 39.1 |
| Employees | 361 | 930 | 2,189 | 1,244 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥2,236+27.4% (1Y)
Nisshin Seifun +27.4% over 1Y. Compared: Nissin +9.5%, Toyo Suisan +7.8%, NIPPN +31.8%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Nisshin Seifun3 segments
Nissin3 segments
Toyo Suisan4 segments
NIPPN3 segments
AAverage annual salary from the securities filings: Nisshin Seifun ¥8.93M, Nissin ¥8.80M, NIPPN ¥7.58M, Toyo Suisan ¥6.98M. Nisshin Seifun pays the most. Averages also depend on staff age and job mix, so check the average age too (Nisshin Seifun 41.9, Nissin 39.6, Toyo Suisan 41.3, NIPPN 39.1).
ARevenue in the latest results: Nisshin Seifun ¥865.0B, Nissin ¥788.1B, Toyo Suisan ¥536.6B, NIPPN ¥418.4B. Nisshin Seifun is the largest by revenue at ¥865.0B, followed by Nissin (¥788.1B), Toyo Suisan (¥536.6B) and NIPPN (¥418.4B).
AOperating margins: Toyo Suisan 16.0%, Nissin 7.9%, Nisshin Seifun 5.4%, NIPPN 5.3%. Toyo Suisan turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): NIPPN +31.8%, Nisshin Seifun +27.4%, Nissin +9.5%, Toyo Suisan +7.8%. NIPPN has risen the most.


Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.