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mizuho-fg.com

Founded Year

2003

Stage

IPO | IPO

Date of IPO

1/2/2003

Market Cap

3799.40B

About Mizuho Financial Group

Mizuho Financial Group (TYO: 8411) (NYSE: MFG) is a bank holding company which operates and aims to manage its banks, long-term credit banks, specialized securities companies and other companies which the Company may own by law as its subsidiaries, and engages in business appertaining to the management and operation of such companies.

Mizuho Financial Group Headquarter Location

Otemachi Tower 1–5–5 Otemachi, Chiyoda–ku

Tokyo, 100-8176,

Japan

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Research containing Mizuho Financial Group

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Mizuho Financial Group in 1 CB Insights research brief, most recently on Jul 29, 2020.

Mizuho Financial Group Patents

Mizuho Financial Group has filed 12 patents.

The 3 most popular patent topics include:

  • Medical equipment
  • Orthopedic surgical procedures
  • Bones of the vertebral column
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/5/2015

3/17/2020

Ceramic materials, Boron compounds, Metalworking, Aluminium compounds, Oxidizing agents

Grant

Application Date

8/5/2015

Grant Date

3/17/2020

Title

Related Topics

Ceramic materials, Boron compounds, Metalworking, Aluminium compounds, Oxidizing agents

Status

Grant

Latest Mizuho Financial Group News

Japan's Mizuho reports 55.6% drop in Q4 net profit on Russia provision

May 13, 2022

05/13/2022 | 03:12am EDT Message : *Required fields TOKYO, May 13 (Reuters) - Mizuho Financial Group Inc, Japan's third-largest lender by assets, reported onFriday a 55.6% drop in fourth-quarter net profit, as it tookmore than $700 million in provisions for its Russian exposure. Mizuho said profit for the January-March quarter was 51.8billion yen ($402.5 million). That compared with an averageprofit estimate of 78.61 billion yen from three analystssurveyed by Refinitiv. Mizuho added 96.9 billion yen to its reserves in the quarterto prepare for losses from direct exposures in Russia, areversal from early last year, when it freed up loss reservesbuilt up during the COVID-19 pandemic. The banking group expects 540 billion yen in net income forthe current business year, up 1.7% from the previous year. Theoutlook compared with the average 574.60 billion yen forecast by13 analysts. Mizuho forecasts a drop in credit-related costs this year onexpectations the economy will gradually recover as the impact ofthe pandemic wanes. Corporate bankruptcies in Japan have remained low thanks togovernment subsidies and zero-interest loans to small businessesto cushion them from the economic effect of the pandemic. But analysts say there will be a limit to how much suchsubsidies can continue to suppress bankruptcies, since theUkraine crisis and a weak yen are pushing up fuel and rawmaterial costs. ($1 = 128.6900 yen)(Reporting by Makiko Yamazaki; Editing by Christopher Cushingand Bradley Perrett)

  • When was Mizuho Financial Group founded?

    Mizuho Financial Group was founded in 2003.

  • Where is Mizuho Financial Group's headquarters?

    Mizuho Financial Group's headquarters is located at Otemachi Tower, Tokyo.

  • What is Mizuho Financial Group's latest funding round?

    Mizuho Financial Group's latest funding round is IPO.

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