Defining Our Future Annual Report 2012 Defining Our Future Corporate Profile Annual Report 2012 CONTENTS Taking on the Challenge of 03 Corporate Profile Going Global 04 Message from the CEO 06 Financial Highlights Nongshim is a global food processor that seeks to satisfy customers with 08 Defining Our Future healthier food choices, and the flavors of Nongshim products are being discovered the world over. Thanks to our spirit of relentless challenge, 24 Review of Operations passion and innovation, we are now exporting our flavors, which are 36 Nongshim’s Globalization Korea’s flavors, to more than 80 countries. 44 Sustainability Management Shin Ramyun is now part of the “Korean Wave”: You can find it along 52 Financial Review China’s Great Wall, in Japanese convenience stores, at Walmart in the 60 Affiliates United States and even at Jungfrau in the Swiss Alps. Our creative 61 Holding Co. & Investment Structure technologies have also given rise to healthier, Korean-style rice noodles, 62 Overseas Plants ushering in a new paradigm in the instant noodle market. This product line 64 Global Network is now being sold in over 30 countries, including the US, China and Japan. We firmly believe that quintessential Korean things can be global hit products. Going forward, we will remain ahead of the curve in the development of innovative products and dedicate ourselves to making “Shin” (辛 “Spicy”) a major global brand and making Nongshim a top-tier food processing company in the global market. Message from the CEO We will redouble our efforts to grow as a global food company through changes and advancement made possible by specific goals and plans.
NW 3RD & COUCH DIXIEPDX.COM OLD TOWN PDX 503.234.9431 APPETIZERS ULTIMATE NACHOS Tri-color tortilla chips topped with cheddar SOUTHERN FRIED CHICKEN TENDERS Hand-breaded and jack cheeses, tomatoes, Santa Fe bacon black beans, olives, chicken tenderloins deep-fried to a golden brown. Served with jalapeños, green onions, chipotle sour cream, guacamole and fries, honey mustard and ranch dipping sauces. 11.25 salsa. 12.25 Add spicy chicken, slow cooked pork or seasoned ground beef for $2 CHEESY BACON FRIES Fresh cut fries, layered with cheddar and jack cheeses and topped with peppered bacon. 11.25 QUESADILLA A large flour tortilla filled with Santa Fe bacon black beans, cheddar and jack cheeses, jalapeños, olives, green LOADED TATER TOTS Golden brown tater tots, layered with onions, chipotle sour cream, and ranchero sauce. 10.75 cheddar and jack cheeses, peppered bacon, tomatoes, green onions, and chipotle sour cream. 12.25 Add spicy chicken, slow cooked pork or seasoned ground beef for $2 1 LB. BUCKET OF FRESH CUT FRIES Fried golden brown with DIXIE WINGS Plump fried chicken wings, basted with your 3 dipping sauces; ranch, chipotle ketchup and horseradish fry choice of spicy buffalo, BBQ, or sweet chili lime sauce. Served sauce. 8.00 on a bed of tri-color tortilla chips with carrots, celery and blue cheese dipping sauce. 11.75 1 LB. BUCKET OF TATER TOTS Fried golden brown with 3 sauces; ranch, chipotle ketchup & horseradish fry sauce. 9.00 BEER BATTERED ONION RINGS Beer battered sweet onions deep-fried and topped with Parmesan. Served with ranch.
{ FOOD & DRINK } 'NEW FLAVOR' OUR FOOT: FRY SAUCE, A REGIONAL CULINARY DELIGHT, IS IN THE NATIONAL SPOTLIGHT By JENNIFER K. BAUER • [email protected] he ketchup company Heinz sparked an international internee temper tantrum lase month when it announced the potential launch of a new product: Mayochup. Heinz plugged ir as a new thing, a pre-made combo of ketchup and mayonnaise. Those of us in the western United Scares know it's norT a new thing. Ir's our beloved fry sauce. Internee outrage poured our. There were those appalled at the idea of mixing ketchup and mayo. Others cried cultural appropriation. A Washington Pose srory listed multiple Latin American countries laying claim to the invention of fry sauce, &om Argentina where its legend begins in the 1920s as "salsa golf," to Puerto Rico, whose residents call it "my-oh-ketchup." In Costa Rica, Colombia, and Venezuela it's called "salsa rosada" or "pink sauce." Germany has a version called rott weiss, which translates to "red-white." But probably those who cried fouJ loudest were members of the Church of Jesus Christ of Latter-day Saines, who widely uphold &y sauce as a Mormon invention. According to this version of the origin story, the condiment was PUBLIC DOMAIN invented by a Salt Lake City chef and Mormon named Don Carlos Joseph Smith receiving the golden plates. Edwards. Edwards got his start selling burgers at a stand at a Pioneer Day celebrarion in 1924 (Pioneer Day being the official Utah holiday commemorating the arrival of Brigham Young and the first Mormon pioneers to the Salt Lake Valley).
Setting New Standards Annual Report 2010 Contents NONGSHIM IS a GLOBAL FOOD COMPANY THAT MAKES ITS CUSTOMERS' HEALTH and Corporate Profile 03 HAPPINESS a PRIORITY
Setting New StaNdardS Annual Report 2010 ContentS NONGSHiM iS A gLoBAL FOOD CoMPAnY tHAt MAKeS ITS CUSTOMeRS' HeALtH AnD Corporate Profile 03 HAPPINESS A PRIORITY. Financial Highlights 04 CeO Message 06 Nongshim is developing into a global food company pursuing foods for longevity for Setting New Standards 08 good health and happiness of customers. Vision 2015 14 Nongshim has contributed to customers’ bountiful life over the past 46 years. With the aim of becoming a stronger and more trustworthy global food company, Nongshim review of Operations 16 reestablished its corporate philosophy, core value and mid-/long-term goals, and is now focusing on developing differentiated longevity foods, seeking new businesses and Globalization 28 expanding its global reach. Sustainability 36 In particular, Korean-type rice noodles created by Nongshim’s innovative technologies have changed the paradigm of well-being noodles and evolved into representative Financial review 44 longevity foods. Today, they are exported to more than 30 countries including the US, affiliates 54 China and Japan. Holding Co. & Investment Structure 55 We will continue to invest much more efforts in expanding longevity foods and pioneering overseas markets. By doing so, we will be a company that can share good health and Overseas Plants 56 happiness with all customers around the world. Global Network 58 our instant noodle business posted KRW1.26 trillion in sales, down 2.2% from a year before, due to a drop in prices of FinAnCial HighlightS our five major brands including ‘Shin
Ethan’s Scout Stew Recipe Ingredients 1/4 lb. - lean beef per Scout (Beef stew meat, hamburger, etc.) 1 - medium-large potato per Scout (chopped to bite size) 1 - chopped large onion (yellow, Spanish, white, red - you choose) 1-2 - chopped carrots per Scout 1-2 - chopped celery stalks per Scout 1 - packet of Onion soup mix or beef stew mix 4-6 strips of bacon cut up or a few Table Spoon's of any cooking oil Various spices to taste (Season salt, salt, celery salt, pepper, paprika, bay leave, etc.) Equipment Dutch oven or Large mess kit pot Instructions 1.) Heat pot or Dutch oven. 2.) Add bacon and cook until done. Leave the bacon in the pan. This is now the oil needed to brown the beef and keep everything from sticking (Alternately use a few Table Spoon's of any cooking oil). 3.) Add beef and cook until brown on all sides. 4.) Add about a 1/4 of the potatoes and briefly brown. (The potatoes contain starches that will help naturally thicken the sauce). 5.) Add packet of onion soup mix or beef stew mix and just enough water to cover ingredients. 6.) Cover and boil (simmer if possible) for 30 minutes. 7.) Check flavor and season as required. 8.) Add remaining ingredients and a cup of water. 9.) Cover and boil (simmer if possible) for 30 minutes. 10.) Remove cover and check consistency. If it is watery leave cover off and boil for another 15 minutes or add a little flour or Bisquick to thicken the sauce.
Tin Can Nachos Charcuterie Board Fried Pickles Crab Cakes Baked
Tapas Tin Can Nachos cheddar cheese, black beans, jalapeño, tomato, scallion, guacamole, Buffalo Cauliflower Dip sour cream baked cheesy cauliflower, buffalo 14 sauce, and blue cheese served with + pulled chicken (4) + pulled pork (6) tortilla chips + steak (7) 12 Vegan option available Ahi Poke Bowl sashimi grade tuna, pickled vegetables, Charcuterie Board lime, cucumber, sesame, avocado, an assortment of meats and cheeses, scallions, spicy aioli and fried wonton. marcona almonds, fruit, peppadew, Served over daikon radish with a spicy and crostini garlic sauce 18 14 Fried Pickles Potato Skins hand battered bold pickles, fried to Roasted Idaho russets, fried and crunchy perfection, and served with a topped with pulled pork, house bbq, buttermilk herb dressing bacon, cheddar, scallions, and cilantro 7 lime crema 12 Crab Cakes Hot Wings sustainably farmed crab, fried and Choice of smoked dry rub or Asian served on a bed of arugula with a style marinated wings spicy remoulade Served with giardiniera and a 15 buttermilk herb dressing 12 Baked Mac + Cheese sharp cheddar, smoked gouda, Seasoned Fries macaroni with parmesan bread crumbs garlic fries + garlic herb aioli OR cajun 10 fries + chipotle aioli + crab (8) + pulled pork (6) + bacon (3) 5 Vegan Option Available Chips + Salsa Crispy Lamb Ribs 4 locally sourced lamb ribs, tossed in Chips + Guac house Asian bbq, served with 6 giardiniera and a spicy yogurt sauce 14 Salads Burger + Sandwiches The Big House Arugula, marcona almonds, feta, and *all burgers are locally sourced and dried cherries
SWEET AND SPICY MARCANGELO KABOBS STIR-FRY Serves: Prep & Cook Time: 4 35 mins INGREDIENTS pkg (320 g) Marcangelo Sweet Chili Chicken Kabobs 1 chicken broth 1 cup TIPS each hoisin and oyster sauce 2 tbsp • If your sauce has cornstarch each soy sauce and lime juice 1 tbsp mixed into it, always re-whisk the sauce just before adding it to your sesame oil 1 tsp vegetables since some of the hot pepper flakes 1/4 tsp cornstarch will inevitably sink to the bottom of the bowl. cornstarch 2 tbsp • The key to a stir-fry is organization. vegetable oil 1 tbsp Because the cooking is so quick, it’s best to have all of your meat and asparagus, trimmed and cut into 1-inch pieces 3-4 cups vegetables fully prepped before you start to cook. your favourite Sweet Chili sauce, or the Marcangelo Sweet 3 tbsp Chili sauce included in the package of Kabobs • Instead of stir-frying the meat, grill the skewers for 8 to 10 minutes and sugar snap peas, threaded 2 1/2 cups then place decoratively on top of the stir-fried vegetables. julienned sweet red pepper 1 1/2 cups • The wonderful thing about stir-fries salted cashews 1/3 cup is that they’re so versatile. Feel free to substitute broccoli, green beans, green onions, chopped 2 bok choy or even Brussel sprouts for the vegetables called for above. COOKING INSTRUCTIONS • Serve with steamed Basmati rice 1. Remove Marcangelo chicken from skewers. Combine in bowl with Sweet Chili or rice noodles.
Delivering Happiness to the World Happiness Delivering
ANNU A L REPO Delivering Happiness to the World ANNUAL REPORT 2017 R T 2017 Contents INTRODUCTION DIFFERENTIATED COMPETITIVENESS 03 Milestones 42 R&D 05 Corporate Profile 43 Purchase 06 Message from the CEO 44 Production & Quality 08 Delivering Happiness to the World 45 Sales & Marketing - Captivating People Around the World 46 Logistics - Securing a New Growth Engine 47 Environment 12 Financial Highlights 48 Social Contribution REVIEW OF OPERATIONS FINANCIAL REVIEW & OTHERS 16 Instant Noodles 51 Management's Discussion & Analysis 20 Snacks 54 Consolidated Financial Statements 22 Beverages 58 Non-consolidated Financial 24 Import Brands Statements 62 Affiliates GLOBAL BUSINESS 63 Holding Co. & Investment Structure 28 United States 64 Overseas Plants 32 China 66 Global Network 36 Japan 38 Australia & Export ANNUAL REPORT 2017 The taste of Nongshim, which represents the taste of Korea, touches people throughout the world. With the phenomenal success of Shin Ramyun in Korea, Nongshim entered the global market in earnest in the 1980s and spearheaded the globalization of Korean instant noodles. As a result, Shin Ramyun has grown to be a global brand that represents Korea. Now, Nongshim must pursue the global market. Rather than being satisfied as Korea’s no. 1 food company, we are making a concerted effort to be one step ahead of the increasingly fierce competition by magnifying our expertise in R&D, production, and marketing. Moreover, we are focusing on cultivating Baeksan Artesian Water as a global brand while establishing a profitable business portfolio and stable global network. We will take steps toward the global market to deliver health and happiness to customers around the world.
ANNUAL REPORT 2018 Introduction Milestones 03 OPEN A NEW Corporate Profile 05 Message from the CEO 06 HORIZON OF BRAND Financial Highlights 08 Brand Portfolio 10 Review of Operations Instant Noodles 24 Snacks 28 Beverages 30 Import Brands 32 Global Business United States 36 China 40 Japan 44 CONTENTS Australia & Export 46 Differentiated Competitiveness R&D 50 Purchasing 51 Production & Quality 52 Sales & Marketing 53 Logistics 54 Environment 55 Social Contribution 56 Financial Review & Others Management's Discussion & Analysis 59 Consolidated Financial Statements 62 Non-consolidated Financial Statements 66 Affiliates 70 Holding Co. & Investment Structure 71 Overseas Plants 72 Global Network 74 Milestones In just about 50 years since its establishment in 1965, Nongshim has ranked alongside the world’s leading food companies to become the pride of Korea. As The taste of Nongshim, a global food company, Nongshim will make a new which represents the taste of Korea, history in the field of food culture. touches people around the world. HISTORY With the phenomenal success of Shin Ramyun in Korea, 1965 Establishing business Nongshim entered the global market in earnest in the 1980s foundation and spearheaded the globalization of Korean instant noodles. 1965. 09 As a result, Shin Ramyun has grown to be a global brand that Founded the Company 1971. 12 Shrimp Crackers represents Korea. 1972. 09 Honey Twist Snack 1967. 09 1975. 10 Nongshim Ramyun Completed Dongrae Ansungtangmyun, Chapagetti, Shrimp Crackers, and Honey 1978. 05 Banana Kick Plant in Busan Twist Snack have also been the long-loved brands for over 1976. 01 Completed Busan Plant 30 years.