52 Week Range
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Mizuho Bank President Fujiwara To Stay In Post, In Reversal Of Earlier Reported Plan - Nhk
Mizuho Financial Group CEO: Recognises Recent System Failures Have Eroded Trust
Seibu Holdings Inc - Land Transportation Notice Regarding Issuance Of Preferred Shares By Consolidated Subsidiaries
Mizuho Financial Group, Inc. is a Japan-based bank holding company engaged in the business of bank holding companies, banks, securities specialist companies, and other companies. The Company operates through five business segments. The Retail and Corporate Company segment operates for domestic individuals, small and medium enterprises, and mid-sized customers. The Large Corporate, Financial and Public Corporation Company segment operates for clients of large corporate corporations, financial corporations, and public corporations in Japan. The Global Corporate Company segment operates for clients of overseas-affiliated Japanese companies and non-Japanese companies. The Global Markets Company segment is engaged in investment business in interest rates, equity, among others. The Asset Management Company segment is engaged in the development and provision of products that meet the asset management needs of clients from individuals to institutional investors.
Chairman of the Board
Executive President, Group Chief Executive Officer, Representative Executive Officer, Director
Group Chief Financial Officer, Executive Officer, Manager of Finance & Accounting Group, Executive Vice President of Subsidiaries, Director
Group COO, Representative Executive Officer, Group CIO, Group Digital Innovation Officer, Manager of IT & System Group, Manager of Business Group, Executive Vice President of Subsidiary
Executive Officer, Group Chief Human Resources Officer, Manager of Human Resources Group, Director
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Mizuho Financial Group Inc's corporate culture is to blame for its long history of tech system failures, creating an atmosphere where managers are reluctant to express opinions and unable to respond well to crises, an investigation found.
The repeated system failures at Japan's Mizuho Financial Group Inc were fundamentally caused by a corporate culture with a weak crisis response, a third-party investigation committee said in a report on Tuesday.
About 180 ATMs in Japan were not working on Tuesday because of a systems glitch, the main banking unit of Mitsubishi UFJ Financial Group Inc said, with some of the machines retaining customers' cash cards and bank books.
SoftBank Group Corp's bank borrowing climbed by 42% in the year to March-end with the increase shouldered by foreign lenders, company filings showed on Thursday.
Two of Japan's megabanks, Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc (SMFG), on Friday forecast a drop in credit-related costs this year on expectations the economy will recover as vaccination proceeds.
Japan's Mizuho Financial Group Inc reported on Friday its net profit more than doubled for the fourth quarter, during which it suffered some system failures and booked a trading loss related to the collapse of U.S. investment fund Archegos.
Mizuho Financial Group Inc, Japan's third largest bank by assets, said on Thursday it would stop financing new thermal coal mining projects from June 1, as global investors and environmental groups urge banks to unload coal-related exposure.
Mizuho Financial Group Inc will decline to chair a lobbying group that represents Japanese banks, a source with direct knowledge of the matter said, after Japan's third largest lender by assets suffered system failures.
Mizuho Financial Group Inc will revise its contingency plan for a system failure by the end of June, the lender said on Monday, after it suffered four system glitches during a two-week period from February to March.
Japanese financial firm Mizuho Financial Group Inc may face a loss of 10 billion yen ($90 million) from deals with Archegos Capital Management, the Nikkei newspaper reported on Thursday.
Mitsubishi UFJ Financial Group, Japan' biggest bank, and Sumitomo Corp, one of the country's largest trading houses, are being targeted with climate resolutions from activist shareholders at their annual shareholder meetings.
The head of Japan's banking lobby took the rare step of apologising for a series of system failures at Mizuho Financial Group Inc on Thursday, highlighting how the lender's inability to fix chronic IT problems has unsettled the industry.
Mizuho Financial Group Inc , Japan's third largest lender by assets, said on Wednesday it would set up a third-party committee to investigate a series of system failures, which it said had hurt its credibility.
Japan's Mizuho Financial Group Inc will postpone replacing the head of its core banking unit to deal with a run of embarassing system failures over the past two weeks, domestic media reported.
The repeated system failures at the main banking arm of Mizuho Financial Group Inc are a major problem that erodes customers' trust, Japanese Finance Minister Taro Aso said on Tuesday.
The main banking arm of Mizuho Financial Group said on Friday a hardware glitch at its data centre had caused a delay in foreign currency-denominated remittance for corporate customers, in the fourth system breakdown it has suffered over the past two weeks.
* Revises full-year forecast to 350 bln yen from 320 bln yen (Adds details)
Mizuho Financial Group, Japan's third-largest lender by assets, said on Thursday its half-year net profit fell 25% due partly to rising credit-related costs amid the COVID-19 pandemic.
Fujitsu Ltd, Mizuho Financial Group Inc, and drugmaker PeptiDream Inc said on Thursday they are forming a joint venture to develop treatments for COVID-19.
The chief executive of Japan's Mizuho Financial Group Inc aims to give employees the option of a shorter working week as it seeks to boost flexibility during the coronavirus pandemic, a company spokeswoman said on Wednesday.
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