Profile: Mizuho Financial Group Inc (MFG)
5 Feb 2016
Mizuho Financial Group, Inc., incorporated on January 8, 2003, is a provider of domestic and international financial services in Japan and other countries. The Company is engaged in banking, trust banking, securities and other businesses related to financial services through its subsidiaries and affiliates. The Company has four operating segments: Mizuho Bank, Ltd., which offers a range of financial products and services in relation to deposits, lending and exchange settlement to individuals, small and medium enterprises (SMEs), large corporations, financial institutions, public sector entities and foreign corporations, including foreign subsidiaries of Japanese corporations; Mizuho Trust & Banking Co., Ltd., which offers trust-related products and consulting services; Mizuho Securities Co., Ltd., which offers full-line securities services to corporations, financial institutions, public sector entities and individuals, and Others, which include Trust & Custody Services Bank, Ltd., Mizuho Capital Co., Ltd. and Mizuho Asset Management Co., Ltd.
Mizuho Bank: Banking Business
Mizuho Bank is a banking company. It is aggregated into seven segments: Personal Banking, Retail Banking, Corporate Banking (Large Corporations), Corporate Banking, Financial Institutions and Public Sector Business, International Banking, and Trading and others. The Personal Banking segment provides financial products and services, such as housing loans, deposits, investment trusts and individual insurance to individual customers through Mizuho Bank branches and automated teller machine (ATM) network, as well as telephone and Internet banking services. In addition, this segment handles trust products as an agent of Mizuho Trust & Banking. The Retail Banking segment provides financial products and services, such as consulting services of business succession and asset inheritance and asset management for business owners and high-net-worth customers. This segment also provides overall banking services for SMEs. The Corporate Banking (Large Corporations) segment provides a range of financial solutions to Japanese corporations and their affiliates by integrating the Company's specialty functions, including banking, trust and securities. The Corporate Banking segment provides, to larger SMEs, financial products and services, such as fund-raising, mergers and acquisitions, management buy-out, business succession, entry to new business and business restructuring for customers in mature or transition stages.
The Financial Institutions and Public Sector Business segment provides advisory services and solutions, such as advice on financial strategy and risk management to financial institutions and provides financial products and services that include funding support through the subscription and underwriting of bonds to public sector entities. The International Banking segment provides support both in Japan and overseas for Mizuho Bank's Japanese corporate customers to expand their overseas operations and also promotes business with non-Japanese corporate customers in various countries through its global network. This segment also offers products, such as project finance and trade finance for overseas customers. The Trading and others segment provides derivatives and other risk hedging products. It is also engaged in Mizuho Bank's trading, such as foreign exchange and bond trading, and asset and liability management.
Mizuho Trust & Banking: Trust Banking Business
Mizuho Trust & Banking is a trust bank that provides individual and corporate customers with products and services utilizing trusts. For corporate customers, Mizuho Trust & Banking provides trust-related solutions that cross over each of the product lines of the Company by fully utilizing its trust functions, as well as consulting functions with respect to the business areas of real estate business, including real estate sales agent services and real estate securitizations; structured product business, including securitization transactions that utilize trusts; asset management business relating to various assets, including pension plans; pension plan business, including acting as trustee, providing consulting services, actuarial services and administration services; asset administration business, including trustee services for investment trusts and management and administration of investments in securities; and equity strategy business, including acting as a stock transfer agent and providing advice on practical issues related to stock. For individual customers, Mizuho Trust & Banking offers solutions related to the business areas of consulting services regarding investment and management of customer assets; businesses relating to the asset inheritance such as testamentary trusts; consulting services regarding apartment leasing business, providing apartment loans and others; deposits, investment trusts and other investment products that utilize trusts, and real estate business, such as brokerage of housing sales and land development. It provides deposit and loan services to its corporate customers and engages in treasury business.
Mizuho Securities: Securities Business
Mizuho Securities is a securities company and investment bank. The Company provides support for customers in establishing their management strategies and financing by engaging in businesses related to equity underwriting, support for initial public offerings, investor relations consulting and provision of solutions, such as advisory services for financial and capital strategies in addition to the domestic bond underwriting, structured finance businesses and financial advisory business, including mergers and acquisitions. The Company is focused on its bond underwriting operations and other operations in collaboration with Mizuho Bank. It provides products and services that suit its customers' investment strategies, engages in proactive market making and offers information.
Other Businesses Related to Financial Services
The Company provides various other financial services through group companies. Trust & Custody Services Bank is a trust bank specialized in asset administration, provides a range of products, including trust services and various custody services. Mizuho Asset Management and DIAM Co., Ltd., an affiliate of the Company, provide asset management products and services for its group companies and customers. Mizuho Research Institute Ltd. offers information and services to corporations, financial institutions and public sector by integrating its research, funded research and membership services that provide information related to, among others, managerial and economic issues. Mizuho Information & Research Institute, Inc. provides system integration services, outsourcing services that support the operation of information technology systems of its customers and consulting services related to, among others, environmental issues. Mizuho Private Wealth Management offers consulting services, which range from consulting on customers' financial needs, such as wealth management, arranging for business and assets succession and related services to advise customers on various personal life matters, including managing the health of the customers themselves and family members and their children's education.
The Company competes with Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Japan Finance Corporation, Japan Post Bank, Development Bank of Japan, Japan Bank for International Cooperation.
Mizuho Financial Group Inc
CHIYODA-KU TKY 100-8176