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☆ Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
▼ + stars: | 2024-05-04 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world. It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends. Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed. First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation. Brian Doyle of Nihon Global and his team are a good example of this.

Persons: Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire Organizations: Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D Locations: Japan, Toyo, North America, Mexico, U.S, American, United States, Asia

☆ Foreign-born residents in Japan sue the government for alleged racial profiling
▼ + stars: | 2024-01-30 | by ( Jessie Yeung | Saki Toi | ) edition.cnn.com time to read: +4 min

Tokyo CNN —Three foreign-born residents in Japan are suing the country’s government over alleged racial profiling, highlighting an ongoing debate about Japanese identity and nationality. The three plaintiffs, all residents of Tokyo, filed the lawsuit in the Tokyo National Court and held a news conference with their lawyers on Monday, according to public broadcaster NHK. One plaintiff came to Japan from India after marrying his wife, and has lived there for more than 20 years, NHK reported. Since then, he has been repeatedly stopped and questioned by police officers on the street, sometimes twice a day. The third plaintiff is an American-born man who said he hoped to raise awareness of the issue among the Japanese population, according to Reuters.

Persons: “, ”, Philip Fong, Nissin, Naomi Osaka –, Karolina Shiino Organizations: Tokyo CNN —, Tokyo National Court, NHK, Aichi, Reuters, Court, Getty, CNN, Pew Locations: Japan, Tokyo, India, Pakistani, American, AFP, Aichi, Nagoya

☆ September is historically the worst month for stocks. That might not be the case this year
▼ + stars: | 2023-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —US stocks typically see their worst performance of the year in September, but there are signs the market could avoid a steep downturn this time around. This month has been the worst for stocks on average since 1928, according to Yardeni Research. That’s partly because, much like August, there is a lull in economic data that could catalyze a stock rally. While stocks fell roughly 2% in August, they still outperformed their 4% loss during the same month last year. It’s the latest example of how extreme weather, exacerbated by climate change, impacted major North American attractions this summer, reports my colleague Nathaniel Meyersohn.

Persons: Mark Hackett, Hackett, “, ”, Stocks, he’s, Nathaniel Meyersohn, Red Bull, Jessie Yeung, Junko Ogura, Nissin, Nissin Curry, ” Read Organizations: CNN Business, Bell, CNN, Research, Labor, Nationwide, Reserve, Dow Jones Industrial, Nasdaq, Nvidia, Walt Disney World, Universal Orlando Locations: Saudi Arabia, Russia, Nevada, SeaWorld, Southwest, California, Canada, Florida, Asia, Japan

Noodle maker Nissin says it has the answer: caffeinated Cup Noodles. “To meet this demand, Nissin Foods is launching a new ‘gamer-friendly’ product for the first time in its history from its flagship brands Cup Noodles and Nissin Curry Meshi.”The caffeinated noodles will come in two flavors: garlic and black pepper yakisoba — which contains shrimp, pork, egg and cabbage — and curry, which uses a base of pork and vegetables. “Without the contributions of Japan, we wouldn’t have a video game industry,” Blake J Harris, a video game expert and author of “Console Wars,” told CNN in 2017. And while Japan’s cultural clout waned in the early 2000s, its gaming market is still growing, generating revenues of $22.1 billion in 2021, according to Newzoo. Japan currently sits third globally in video game revenues, behind the United States and China.

Persons: Red Bull, Nissin, “, Nissin Curry, Mario, ” Blake J Harris, ” Organizations: Tokyo CNN, Sega, CNN Locations: Asia, Japan, Tokyo, Newzoo, United States, China

☆ JPMorgan: The world's food supplies face a bleak future. These are the 3 biggest threats, and the companies best-positioned to tackle food insecurity.
▼ + stars: | 2023-08-25 | by ( Mark Reeth | ) www.businessinsider.com time to read: +10 min

Investors need to know exactly where the threats to the world's food supply are coming from, what themes are beginning to emerge in this new reality, and how they should be investing. New threats to the world's food supplyIn her report, Chang highlighted the ongoing problems affecting the world's food supply: war, weather, and the weaponization of food. One of the most devastating recently implemented restrictions on food supply is India's decision to ban the exportation of non-Basmati white rice. The combination of war, weather, and the weaponization of food has taken a toll on the world's food availability. And within food innovation, JPMorgan analysts like Philippine food and beverage maker Monde Nissin (MONDE PM) and Thailand-based seafood producer Thai Union (TU TB).

Persons: UNICEF — that's, Global Research Joyce Chang, Chang, El, Hilary, CJ Cheiljedang, Mengniu Dairy, Kubota, Jeronimo Martins SGPS Organizations: JPMorgan, Hurricanes, UNICEF —, Global Research, Grain Initiative, Food Policy Research, Food, Agriculture Commodities, ASEAN, Mahindra, LG, Thai Union, TU, Jeronimo Martins SGPS SA, Tesco PLC, J Sainsbury PLC, Koninklijke Ahold Delhaize, Carrefour SA, Yara International ASA, OCI, OCI NA, Bayer AG, PepsiCo Locations: Ukraine, California, Canada, East Coast, Russia, Africa, Asia, India, El, South Korean, HK, South Korea, Philippine, Thailand, Europe

☆ Japan's Hitachi Astemo flags lapses in quality tests over decades
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +3 min

The comments come in the wake of news last month that Toyota affiliate Daihatsu rigged safety tests for 88,000 small cars. Hitachi Astemo, which makes car and railway parts ranging from brake and damping systems to powertrains, worked with customers to redo tests on nearly 24 affected products following an investigation, Chief Executive Brice Koch told reporters. "We have now taken all the relevant measures to improve, to increase the robustness of our system and our company," Koch said, saying he did not expect any impact on growth or costs. The issues included reporting periodic test results to customers without running the actual tests on some products. Employees also ran tests on suspension systems at incorrect temperatures, a spokesperson said.

[1/3] Packaged food for sale is seen on shelves at a Dollar Tree in Islandia, New York, U.S., May 12, 2023. Razor manufacturer Edgewell Personal Care Co (EPC.N) and Kraft Heinz Co (KHC.O) have overhauled or built new teams dedicated to working with the biggest U.S. dollar stores like Dollar Tree Inc (DLTR.O) and Dollar General Corp (DG.N) in the last year. Makers of food and household staples are pushing deeper into dollar stores because the low-cost retailers are opening thousands of locations each year. Griffin added that dollar stores are also introducing more "premium" private label brands, like Dollar General's Nature's Menu for pets. Kraft-Heinz also created a new team of five people late last year to identify and develop products for dollar stores, a spokesman said.

☆ Cup Noodles' new ramen tastes like a 'classic diner breakfast in a cup'
▼ + stars: | 2023-03-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. Aptly titled “Cup Noodles Breakfast,” the meal takes four minutes to cook in the microwave and results in a soup-based ramen that also contains “visible ingredients” of sausage and eggs. "Cup Noodles Breakfast" is on sale at Walmart. The company’s research discovered that eggs, sausage and pancakes were the picks to create the best breakfast combination. Breakfast ramen is Cup Noodles second limited time offering, following the sale of pumpkin spice ramen last fall.

☆ Ramen for breakfast? Cup Noodles' new flavor tastes like egg, sausage and maple syrup pancakes
▼ + stars: | 2023-03-29 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Cup Noodles has already cornered the lunch and dinner markets for people looking to dine on a dime. "Cup Noodles Breakfast" is a limited edition offering with bright, colorful packaging advertising it being "artificially flavored as maple syrup pancakes, sausage and egg." Like Cup Noodles' standard ramen flavors, the Breakfast noodles are designed to be prepared in its packaging. However, the breakfast noodles are sauce based rather than being a soup. "By adding Cup Noodles Breakfast to our line-up we are truly feeding cravings around the clock — morning, noon, night or late night."

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