SymbolMZHOF
NameMIZUHO FINANCIAL GROUP INC.
SectorFINANCE
RegionAsia
Industry-
Address100-8333 Japan Marunouchi 2-chome Building 2-5-1
Telephone+81-3-5224-1111
Fax
Email
Websitehttps://www.mizuho-fg.co.jp
IncorporationJP
Incorporated On2020
Employees
Fiscal Year3/31
Public Since
ExchangesOTC
Auditor
Audit StatusAUDITED
Reporting StatusU.S. Reporting: SEC Reporting
CIK0001335730
Description

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japans second-largest bank after Mitsubishi UFJ Financial Group. As of March 2021, Mizuhos market share of domestic loans was 6.9%, compared with 7.0% for SMFG and 8.3% 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 that 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.

Additional info from NASDAQ:
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japans second-largest bank after Mitsubishi UFJ Financial Group. As of March 2021, Mizuhos market share of domestic loans was 6.9%, compared with 7.0% for SMFG and 8.3% 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 that 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.

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