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Encyclopedia > Mizuho Financial Group
Mizuho Financial Group, Inc.
Mizuho
Type Public (TYO: 8411 , NYSE: MFG)
Founded 2003 (from merger)
Headquarters Flag of Japan Tokyo, Japan
Key people Terunobu Maeda, President & CEO
Industry Financial Services
Revenue ¥4,099.654 billion JPY (FY 2006)
Net income ¥620.965 billion JPY (FY 2006)
Employees 45,758 (2005)
Subsidiaries Mizuho Bank
Mizuho Corporate Bank
Mizuho Trust & Banking
Website www.mizuho-fg.co.jp
Mizuho Bank Ginza Branch
Mizuho Bank Ginza Branch

Mizuho Financial Group, Inc. (株式会社みずほフィナンシャルグループ Kabushiki-gaisha Mizuho Finansharu Gurūpu?), abbreviated as MHFG, or simply called Mizuho is a banking holding company headquartered in the Ōtemachi district of Chiyoda ward, Tokyo, Japan. The name "mizuho (瑞穂?)" means "abundant rice" in Japanese. Image File history File links Mizuho. ... This article does not cite any references or sources. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Year 2003 (MMIII) was a common year starting on Wednesday (link displays 2003 calendar) of the Gregorian calendar. ... Image File history File links Flag_of_Japan. ...   , literally Eastern capital) is a unique subnational administrative region of Japan with characteristics of both a prefecture and a city. ... Terunobu Maeda ), born January 2, 1945 in Oita Prefecture, is the president and chief executive officer of Mizuho Financial Group since 2002. ... This article includes a list of works cited or a list of external links, but its sources remain unclear because it lacks in-text citations. ... A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... Financial services is a term used to refer to the services provided by the finance industry. ... For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ... Image File history File links No higher resolution available. ... ISO 4217 Code JPY User(s) Japan Inflation -0. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... For the Manfred Mann album, see 2006 (album). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... ISO 4217 Code JPY User(s) Japan Inflation -0. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... For the Manfred Mann album, see 2006 (album). ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... In business, a subsidiary is a company controlled by another company or corporation. ... Mizuho Bank (みずほ銀行 Mizuho Ginkō) was founded on April 1, 2002, by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Japan Industrial Bank. ... Mizuho Corporate Bank Head Office in Marunouchi, Tokyo Mizuho Corporate Bank, Ltd. ... Mizuho Trust & Banking Co. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Image File history File linksMetadata Download high-resolution version (426x640, 243 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Mizuho Financial Group Metadata This file contains additional information, probably added from the digital camera or scanner used... Image File history File linksMetadata Download high-resolution version (426x640, 243 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Mizuho Financial Group Metadata This file contains additional information, probably added from the digital camera or scanner used... The Ginza area of Tokyo, Japan The Wako department store occupies a busy corner in Ginza Ginza (銀座) is a place in Chūō Ward, Tokyo named after the silver coin foundry or Ginza established here in 1612 (Edo period). ... Business corporation ) is a type of corporation ) defined under Japanese law. ... “Banker” redirects here. ... A holding company is a company that owns part, all, or a majority of other companies outstanding stock. ... Yomiuri Shimbun headquarters ÅŒtemachi ) is a district of Chiyoda Ward, Tokyo. ... Categories: Wards of Tokyo | Japan geography stubs ...   , literally Eastern capital) is a unique subnational administrative region of Japan with characteristics of both a prefecture and a city. ...


It holds assets in excess of $1.3 trillion through its control of Mizuho Bank, Mizuho Corporate Bank, and other subsidiaries. The company's combined holdings form the second largest financial services group in Japan, and the ninth largest in the world by market capitalisation.[1] It is the 59th largest company in the world according to Forbes Global 2000 rankings. Its shares have a primary listing on the Tokyo Stock Exchange. In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e. ... Mizuho Bank (みずほ銀行 Mizuho Ginkō) was founded on April 1, 2002, by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Japan Industrial Bank. ... Mizuho Corporate Bank Head Office in Marunouchi, Tokyo Mizuho Corporate Bank, Ltd. ... Financial services is a term used to refer to the services provided by the finance industry. ... Market capitalization, often abbreviated to market cap, mkt. ... The Forbes Global 2000 is an annual ranking of the top 2000 corporations in the world by Forbes magazine. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ...

Contents

Divisions

Mizuho annual income by division (2005).1. Mizuho Bank2. Mizuho Corporate Bank3. Mizuho Trust4. Mizuho Securities
Mizuho annual income by division (2005).
1. Mizuho Bank
2. Mizuho Corporate Bank
3. Mizuho Trust
4. Mizuho Securities

Mizuho splits its business into four distinct divisions, on a global basis: Image File history File links Size of this preview: 800 × 509 pixelsFull resolution (880 × 560 pixel, file size: 13 KB, MIME type: image/png) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Size of this preview: 800 × 509 pixelsFull resolution (880 × 560 pixel, file size: 13 KB, MIME type: image/png) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...


Retail Group

Mizuho is active in retail banking with 515 branches and over 11,000 ATM machines. Mizuho Bank is the only bank to have branches in every prefecture in Japan. It serves over 26 million Japanese households, 90,000 SME customers, and retail brokerage clients under the name Mizuho Investors Securities nationwide. An NCR Personas 85-Series interior, multi-function ATM in the USA Smaller indoor ATMs dispense money inside convenience stores and other busy areas, such as this off-premise Wincor Nixdorf mono-function ATM in Sweden. ... The prefectures of Japan are the countrys 47 sub-national jurisdictions: one metropolis (都 to), Tokyo; one circuit (道 dō), Hokkaidō; two urban prefectures (府 fu), Osaka and Kyoto; and 43 other prefectures (県 ken). ... Small and medium enterprises or SMEs are companies whose headcount or turnover falls below certain limits. ...

Mizuho Bank (みずほ銀行 Mizuho Ginkō) was founded on April 1, 2002, by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Japan Industrial Bank. ... Mizuho Capital Co. ...

Global Corporate Group

Mizuho predecessors, the Dai-Ichi Kangyo Bank (“DKB”), the Fuji Bank (“Fuji”) and the Industrial Bank of Japan (“IBJ”), had great control over many Japanese companies through keiretsu system. The three banks led the DKB Group, Fuyo Group and the IBJ Group respectively. The Fuyo Group traces its history as far back as the old Yasuda zaibatsu. Even now, seven out of ten companies listed on the Tokyo Stock Exchange have dealings with Mizuho.[2] The Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), was one of the largest banks in the world during the latter half of the 20th century. ... Fuji Bank Head Office in Tokyo, now Mizuho Financial Group Headqaurters The Fuji Bank, Limited ) was one of Japans major banks during the post-World War II era. ... The Industrial Bank of Japan, Limited (IBJ) ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. ... A keiretsu lit. ... The DKB Group ) or the Dai-Ichi Kangyo Group is the largest Japanese keiretsu. ... Fuyo Group ) is a Japanese keiretsu. ... Yasuda (安田) was formed by Yasuda Zenjiro. ... Zaibatsu , lit. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ...

Mizuho Corporate Bank Head Office in Marunouchi, Tokyo Mizuho Corporate Bank, Ltd. ... Mizuho Securities, Co. ...

Global Wealth and asset management

Mizuho Trust & Banking Co. ...

Strategy affiliates

Mizuho Holdings, Inc. ... Mizuho Information & Research Institute, Inc. ...

Offices

Sponsorship

The Tokyo International Marathon held in Tokyo, Japan, is one of the prominent marathon races of the year. ...

History

Mizuho was established originally as Mizuho Holdings, Inc. by the merger of Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan in 2000. Mizuho Holdings, Inc. ... The Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), was one of the largest banks in the world during the latter half of the 20th century. ... Fuji Bank Head Office in Tokyo, now Mizuho Financial Group Headqaurters The Fuji Bank, Limited ) was one of Japans major banks during the post-World War II era. ... The Industrial Bank of Japan, Limited (IBJ) ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ...


Mizuho Holdings established Mizuho Financial Group, Inc. in January 2003. Subsequently, through a share exchange on March 12, 2003, Mizuho Financial Group became the sole shareholder of Mizuho Holdings, which in turn served as the holding company of all of the group's banking and securities units. Year 2003 (MMIII) was a common year starting on Wednesday (link displays 2003 calendar) of the Gregorian calendar. ... March 12 is the 71st day of the year (72nd in leap years) in the Gregorian calendar. ... A holding company is a company that owns part, all, or a majority of other companies outstanding stock. ... For other uses, see Bank (disambiguation). ... Securities are tradeable interests representing financial value. ...


On October 1, 2005, all subsidiaries of Mizuho Holdings were transferred to the direct control of Mizuho Financial Group. Mizuho Holdings, no longer a bank holding company, was then renamed Mizuho Financial Strategy, which now focuses on providing advisory services. is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


Timeline

  • 1864 - Yasuda-ya is founded as a private company.
  • 1883 - The Dai-Ichi Bank, Ltd. is established as the first bank in Japan.
  • 1897 - The Nippon Kangyo Bank, Ltd. and the Industrial Bank of Japan, Limited are established as a governmental institution.
  • 1912 - Yasuda-ya is incorporated and renamed Yasuda Bank.
  • 1948 - Yasuda Bank is renamed the Fuji Bank, Limited.
  • 1950 - The Nippon Kangyo Bank and IBJ are privatized.
  • 1971 - The Dai-ichi Bank and the Nippon Kangyo Bank merge to form the Dai-Ichi Kangyo Bank, Limited.
  • 1999 - DKB, Fuji and IBJ announce an agreement to consolidate the three banks' operations.
  • 2000 - DKB, Fuji and IBJ establish a holding company named Mizuho Holdings, Inc.
  • 2002 - DKB, Fuji and IBJ are officially and legally combined into two banks, Mizuho Bank, Ltd. and Mizuho Corporate Bank, Ltd.
  • 2003 - Mizuho Financial Group, Inc. takes over the operations of Mizuho Holdings virtually.

1864 (MDCCCLXIV) was a leap year starting on Friday (see link for calendar) of the Gregorian calendar or a leap year starting on Sunday of the 12-day-slower Julian calendar. ... The term privately held company refers to ownership of a business company in two different ways—first, referring to ownership by non-governmental organizations; and second, referring to ownership of the companys stock by a relatively small number of holders who do not trade the stock publicly. ... Year 1883 (MDCCCLXXXIII) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Saturday of the 12-day slower Julian calendar). ... 1897 (MDCCCXCVII) was a common year starting on Friday (see link for calendar). ... The Industrial Bank of Japan, Limited (IBJ) ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. ... 1912 (MCMXII) was a leap year starting on Monday in the Gregorian calendar (or a leap year starting on Tuesday in the 13-day-slower Julian calendar). ... Incorporation (abbreviated Inc. ... 1948 (MCMXLVIII) was a leap year starting on Thursday (the link is to a full 1948 calendar). ... Fuji Bank Head Office in Tokyo, now Mizuho Financial Group Headqaurters The Fuji Bank, Limited ) was one of Japans major banks during the post-World War II era. ... Year 1950 (MCML) was a common year starting on Sunday (link will display the full calendar) of the Gregorian calendar. ... This article does not adequately cite its references or sources. ... Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar. ... The Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), was one of the largest banks in the world during the latter half of the 20th century. ... Year 1999 (MCMXCIX) was a common year starting on Friday (link will display full 1999 Gregorian calendar). ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... Also see: 2002 (number). ... Year 2003 (MMIII) was a common year starting on Wednesday (link displays 2003 calendar) of the Gregorian calendar. ...

Trivia

On December 8 , 2005 a data input error on a stock trade at the brokerage arm Mizuho Securities Co., Ltd. caused a large loss and received a lot of publicity. is the 342nd day of the year (343rd in leap years) in the Gregorian calendar. ... Mizuho Securities, Co. ...


Notable employees

Shoichi Nakagawa (中川 昭一 Nakagawa Shōichi, born July 19, 1953, Hokkaidō), is a Japanese politician currently serving as Chairman of the Policy Research Council of the Liberal Democratic Party. ... The Minister of Economy, Trade and Industry ) is the Cabinet of Japan member in charge of the Ministry of Economy, Trade and Industry (formerly the Ministry of International Trade and Industry). ... Kei Ogura (Ogura Kei, 小椋佳, born January 18, 1944 in Ueno, Taito, Tokyo, Japan) is a Japanese singer ,songwriter and composer. ...

See also

The Dai-Ichi Kangyo Bank, Limited ), abbreviated as DKB ), was one of the largest banks in the world during the latter half of the 20th century. ... Fuji Bank Head Office in Tokyo, now Mizuho Financial Group Headqaurters The Fuji Bank, Limited ) was one of Japans major banks during the post-World War II era. ... The Industrial Bank of Japan, Limited (IBJ) ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. ... // Bank of Japan Japan Post Development Bank of Japan Japan Bank for International Cooperation National Life Finance Corporation Government Housing Loan Corporation Agriculture Forestry and Fisheries Finance Corporation Japan Finance Corporation for Small and Medium Enterprise Japan Finance Corporation for Municipal Enterprises Okinawa Development Finance Corporation Mizuho Financial Group Mizuho...

Competitors

Mitsubishi UFJ Financial Group, Incorporated ) (TYO: 8306 NYSE: MTU ), or MUFG, is one of the worlds largest banks with assets of around USD $1. ... Sumitomo Mitsui Financial Group ) (TYO: 8316 ), or SMFG, is a Japanese financial group, the third largest bank in Japan. ...

External links

Wikimedia Commons has media related to:
Mizuho Financial Group
  • Mizuho Financial Group
  • Mizuho Financial Group Inc. by Google Finance
  • Mizuho Watch by Inner City Press

Image File history File links Commons-logo. ... The Wikimedia Commons (also called Wikicommons) is a repository of free content images, sound and other multimedia files. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...

References

  1. ^ "The Top 1000 World Banks 2006", The Banker, 3 July 2006.
  2. ^ IR Presentation at “CLSA Japan Forum 2005” 07 March 2005

  Results from FactBites:
 
Mizuho Financial Group - Wikipedia, the free encyclopedia (648 words)
The headquarters of Mizuho Financial Group near the Imperial Palace in Tokyo
Mizuho was established originally as Mizuho Holdings, Inc. by the merger of DKB, Fuji and IBJ in 2000.
On October 1, 2005, all subsidiaries of Mizuho Holdings were transferred to the direct control of Mizuho Financial Group.
  More results at FactBites »


 

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