Mizuho Financial Group Inc
Company Profile
Business description
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan’s second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, Mizuho’s market share of domestic loans was 6.8%, compared with 7.2% for SMFG and 8.0% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers, which own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.
Contact
1-5-5, Otemachi, Otemachi Tower
Chiyoda-ku
Tokyo100-8176
JPNT: +81 352241111
Sector
Financial Services
Stock type
Cyclical
Industry
Banks - Regional
Fiscal Year End
31 March 2027
Employees
65,256
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