Chief executives of the Mizuho Financial Group expressed confidence Friday that their company is destined to lead the Japanese banking industry and become one of the world's top banks.

The gigantic group, which unites Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan, was inaugurated the same day with the creation of a holding firm.

"We are in a position to lead the Japanese financial industry, plus we have in our hands the ticket to place ourselves as a formidable player among the world's top five banks," Katsuyuki Sugita, DKB president and joint chief executive officer of the holding firm, told a news conference.