CSR Report 2017 (This Report) High
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CSR REPORT NISSIN FOODS GROUP Corporate Social Responsibility 2017 NISSIN’s journey begins with the hopes and aspirations of Founder Momofuku Ando guiding the way. As Momofuku Ando was passing by a black market area in Osaka soon after the Second World War, he happened to see a long line of hungry people waiting in the cold for a bowl of hot ramen noodles. This experience made Ando keenly aware of the critical importance of food. He realized that in the absence of food, clothing and shelter are useless, and there can be no art or culture. A determined Ando set up a makeshift laboratory in a shed behind his home and immersed himself in development of a new food product. Through a process of trial and error, in 1958 he invented Chicken Ramen, the world’s first instant noodles. This breakthrough marked the beginning of the NISSIN FOODS Group’s journey of food creation. ENDURING VALUES The Group Philosophy is built on four tenets propounded by NISSIN FOODS founder Momofuku Ando. The spirit of the founder expressed in these tenets is the foundation of the enduring value system that gives direction to the NISSIN FOODS Group. Shoku-soku Se-hei Shoku-so I-sei Bi-ken Ken-shoku Shoku-i Sei-shoku 食足世平 食創為世 美健賢食 食為聖職 Peace will come to Create foods to Eat wisely Food related jobs are the world when there serve society for beauty and health a sacred profession is enough food A spirit of creativity is the The desire to satisfy hunger Food production is an Food is the most important most important thing of all and the taste buds is a occupation that supports pillar supporting human life. for a company. Creativity common human instinct. the very essence of life. For People can discuss culture, means the power to create However, it is not the only this reason, those who work art, and ideas only when innovative products through role of food. Food is also in the food industry must they have sufficient food. new ideas and technolo- important for forming strong have a pure spirit that If the supply of food is gies. The NISSIN FOODS bodies and maintaining inspires them to serve disrupted, a country is Group creates foods to health. Since a beautiful, society and contribute to bound to decline and serve society. We are healthy body is the product human health and world conflict invariably occurs. creating a new food culture of a sensible diet, the peace. Working with food is The business operations of and providing people all NISSIN FOODS Group a sacred profession, and it the NISSIN FOODS Group over the world with happi- pursues food functionality is the mission of the NISSIN originated from this basic ness and inspiration. and advocates a wise diet. FOODS Group to provide human principle. the world with safe, deli- cious, healthy food. 01 TOP MESSAGE Aspiring to Remain a Company Koki Ando President & Representative Director Needed by Society CEO (Chief Executive Officer) Thinking about a Sustainable Future ately address ESG (Environment, Social, The NISSIN FOODS Group strives to for the World and Contributing to Governance) issues to help solve prob- eradicate hunger in the world through Society through Food lems occurring on a global scale. It is support for the United Nations World In January 2016, the Sustainable Devel- naturally the responsibility of the NISSIN Food Programme (WFP)*1 and works to opment Goals (SDGs), an action plan for FOODS Group, which seeks “Recognition reduce environmental impacts at every people, planet, and prosperity adopted at as a global company,” to help find stage of all business activities in accor- the historic United Nations Summit in solutions to these issues. dance with the NISSIN FOODS Group 2015, officially came into force. Subse- Today, some 800 million people Environmental Charter. Furthermore, CUP quently, the Paris Agreement, interna- around the world suffer from hunger, and NOODLES is an extremely efficient food tional rules for global warming counter- some countries have been plunged into product when considered from the measures adopted in 2015, officially food crises due to the depletion of water perspectives of original calories*2 and came into effect in November 2016. The resources. Global warming has a serious virtual water*3. It can be said that the Japanese government’s Japan Revitaliza- impact on crops, and there are concerns Group contributes to the effective utiliza- tion Strategy calls for the promotion of over the tight supply-demand balance for tion of food resources and reduction of energy saving and the enhancement of food accompanying a global population environmental impacts even in product corporate governance. These important increase. In these circumstances, stable design. developments indicate that it is now an food production is a pressing issue for The NISSIN FOODS Group bases its urgent imperative for industry to appropri- the entire world. corporate activities on the spirit of the 02 founder, Momofuku Ando, who believed and health is our duty as a brand owner. Following through with Our Commit- that “Peace will come to the world when ment to Achieve Market Capitaliza- there is enough food.” Contributing to Our Business Itself Constitutes CSR tion of ¥1 Trillion society through food is the mission of Contributing to Society Regardless The NISSIN FOODS Group is currently the Group. of Ordinary Times and Emergencies working under the Medium-Term Busi- Food products by definition contribute to ness Plan 2021, which started in 2016 Accepting Full Responsibility for society in their function of sustaining life. and covers five years. The aim of the plan Product Safety, Security, and Health We believe that instant noodles, which is to enhance our reputation as a global As a Brand Owner have a long shelf life and are simple to company in order to embody the Group Food safety is the lifeblood of a food prepare, make a particularly important philosophy, signified by “EARTH FOOD company, and the NISSIN FOODS Group contribution to society since they are CREATOR.” We have set the quantitative has made the pursuit of safety the highest valuable for use as emergency relief target of market capitalization of ¥1 trillion management priority ever since its supplies. in fiscal year 2021 as one requirement for founding. We are establishing food safety The NISSIN FOODS Group provides realization of this vision. It will be impos- management systems through measures cup-type instant noodles free of charge to sible to achieve this target unless we such as the introduction of pharmaceuti- persons in disaster areas when a major share the Group’s vision for growth with cal-level safety standards in product natural disaster such as the Great East all of our stakeholders. quality management. Japan Earthquake or Kumamoto Earth- We made a very solid start in the first However, it is insufficient to consider quake occurs. In cooperation with the year of the business plan by exceeding only the safety of food products. Any World Instant Noodles Association our initial business performance targets anxiety at all felt by consumers is enough (WINA)*4, over the years we have provided for fiscal year 2017. The foundation for to disqualify a food product. This is free of charge more than five million achieving market capitalization of ¥1 because anxiety can become a “mental servings of instant noodles to victims of a trillion yen has been laid. All that remains hazard” that will destroy enjoyment of total of 27 disasters worldwide. is to follow through with our commitment eating and experiencing the deliciousness We provide enjoyable products every and execute the business plan. of food. day and distribute life-sustaining food In September 2016, NISSIN FOODS during emergencies. We take great pride Aspiring to Remain a Company (U.S.A.) launched CUP NOODLES with in contributing to society in ordinary times Needed by Society reduced sodium content, no added MSG and emergency situations alike. In other The NISSIN FOODS Group strongly (monosodium glutamate), and no artificial words, the NISSIN FOODS Group’s very desires to remain a company needed by flavors. This new recipe was based on business activities constitute CSR. society. Needless to say, this means that surveying hundreds of loyal consumers we must understand and be responsible and mirrors shopper preferences for Strengthening Corporate Governance for all impacts our corporate activities products with “cleaner” label and natural Managing the Group with Decency have on society as relates to consumers, ingredients. At the same time, people are and a Sense of Justice local communities, shareholders, inves- unwilling to sacrifice taste, so the com- Society has increasingly high expecta- tors, the environment, and all other pany made sure the taste was as good, or tions for corporate governance. The stakeholders, and contribute to global even better, than the original recipe. NISSIN FOODS Group has long sought sustainability through our business Eating with peace of mind contributes to the opinions of outside experts and activities. ultimate deliciousness. promoted management vitalization and On that basis, in keeping with the At the Health Science Research transparency. In 2016, we implemented a tenet “Create foods to serve society,” we Division, newly established in 2015 within major reorganization of the Board of will pursue the various possibilities of “the WAVE” R&D center, we conduct Directors that emphasizes the Corporate food, create dream-inspiring delicious- research focused on health and nutrition, Governance Code and further strength- ness, and gratify people with pleasures such as food product functions, immu- ened the oversight function of the Board and delights food can provide. I believe nity, and metabolism. This is based on of Directors. that this will ultimately lead to sustained one of the spirits of the founder, “Eat However, no matter how strong a corporate growth.