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Home > Company Index > Banking > Banking - Asia & Australia > Mizuho Holdings, Inc.

Mizuho Holdings, Inc.
 PROFILE
Mizuho means "golden ears of rice" in Japanese, but in the banking world it means the first bank with a trillion dollars in assets, unseating Deutsche Bank as the world's largest. Mizuho Holdings is the holding company for Mizuho Financial Group, which includes the operations and assets of The Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The merger is the ultimate example of the consolidation trend among Japanese banks, which are trying to streamline their operations and cope with massive loan defaults. Mizuho is targeting retail and small to midsized businesses and plans to promote cross-sales of financial services, such as offering insurance policies at bank counters.

 COMPETITION
Sumitomo Mitsui Banking Corporation (SUBJY)
United Financial of Japan (dossier)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 76,850.80
Employees: 36,535
Revenue per employee: $2,103,484.33

 KEY PEOPLE
• Yoshiro Yamamoto
    CEO

 CONTACT INFO
Marunouchi Center Bldg.
Tokyo, Japan
Phone: 81-3-5224-1111
Fax: 81--
Online: Web Site

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