The NISSIN FOODS Group transitioned to a holding company structure in 2008, when NISSIN FOODS HOLDINGS CO., LTD. instituted a corporate structure in which the holding company provides cross-organizational support to six operating companies in Japan and four overseas business regions. To realize the Group’s philosophy EARTH FOOD CREATOR, we will strive always to maintain a flexible, proactive posture and resolutely face and appropriately respond to a changing business environment by implementing three strategies:

• strengthening of earning power in the domestic business;- speeding up growth in the overseas business; and