Nisshin Seifun traded at 2,113.00 this Friday February 6th, increasing 8.50 or 0.40 percent since the previous trading session. Looking back, over the last four weeks, Nisshin Seifun gained 10.34 percent. Over the last 12 months, its price rose by 23.86 percent. Looking ahead, we forecast Nisshin Seifun to be priced at 1,884.85 by the end of this quarter and at 1,666.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nisshin Seifun Group Inc is a Japan-based company mainly engaged in the flour milling business, food business, and prepared meals and prepared foods business. The Company operates through three business segments. Flour Milling segment manufactures wheat flour and bran (secondary products) and sells them through distributors. It also sells frozen foods and their raw materials, manages restaurants, and sells packaging materials. The Food Business segment manufactures and sells premixes, pasta, pasta sauces, frozen foods, health foods and pharmaceuticals. Prepared Dishes and Other Prepared Foods segment manufactures and sells cooked noodles, bento boxes, prepared foods, and other cooked foods. The Company is also involved in the manufacture and sale of pet foods, the design, construction and supervision of manufacturing equipment, the manufacture and sale of formed filters, the manufacture and sale of mixed feed, as well as the automobile transportation of cargo and warehousing business.