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May 03, 2024
 

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MIZUHO

BUSINESS
Aug 14, 2014
Japan's top three banks racing to secure licenses to open branches in Myanmar
Japan's top three banks are racing to open branches in Myanmar as investments in the country by Japanese companies are increasing on the back of its booming economy.
Japan Times
BUSINESS / Companies
Jul 31, 2014
Mitsubishi UFJ profit falls less than estimated on lending, fees
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown.
Japan Times
BUSINESS / Companies
Jul 5, 2014
Mizuho to heed frontline troops
Mizuho Financial Group Inc.'s newly chairwoman says she wants to be receptive to the opinions of those running its frontline operations to boost the lender's oversight structure in the wake of last year's yakuza loan scandal.
BUSINESS / Companies
Jul 3, 2014
Japanese banks trail peers on dividend payouts
Japan's biggest banks, which posted record earnings last year, are less generous than their global peers in sharing profits with investors while they search for more takeovers abroad.
Japan Times
BUSINESS / Markets
Jul 2, 2014
Mizuho beats Nomura in bond sales as spreads sink
Mizuho Financial Group Inc. overtook Nomura Holdings Inc. as the No. 1 underwriter of corporate bonds in the first six months as yield premiums on corporate debt fell to their lowest level in eight years.
Japan Times
BUSINESS / Companies
Jun 24, 2014
Mizuho boss vows reforms after loan scandal
The president of Mizuho Financial Group Inc. pledged Tuesday to improve corporate governance, including through the establishment of oversight committees, to prevent any more scandals involving loans to yakuza.
BUSINESS / Companies
Apr 23, 2014
Mizuho names Ota chairwoman
Mizuho Financial Group Inc. said Tuesday that former economic and fiscal policy minister Hiroko Ota will become chairwoman of the board of directors in June to enhance its corporate governance, following its core banking unit's involvement in loans to gangsters.
Japan Times
LIFE / Travel
Apr 5, 2014
Cycling Sayama
A forested area bordering western Tokyo and Saitama Prefecture offers day-trippers a chance to experience the great outdoors on two wheels.
BUSINESS
Mar 16, 2014
Mizuho caught up in suits against Mt. Gox
Mizuho Bank becomes ensnared in North American legal fallout from the collapse of bitcoin exchange Mt. Gox last month, following a massive cybertheft.
Japan Times
BUSINESS / Companies
Jan 23, 2014
Mizuho Bank head Sato to quit; Hayashi picked as his successor
Mizuho Financial Group Inc. said Thursday that Yasuhiro Sato will step down as president of its core banking unit, Mizuho Bank, on April 1 and that Deputy President Nobuhide Hayashi will take over.
BUSINESS / Companies
Jan 17, 2014
METI tells Orient to clean up its act after revelations of Mizuho-linked yakuza loans
The Ministry of Economy, Trade and Industry issued a business improvement order Friday against Orient Corp. over shady loans extended to members of organized crime groups by Mizuho Bank via the consumer credit company.
BUSINESS
Dec 26, 2013
Mizuho ordered to halt affiliated loans for month
The Financial Services Agency orders Mizuho Bank to suspend some of its 'affiliated loans' for a month for doing business with organized crime.
Japan Times
BUSINESS / Companies
Dec 25, 2013
Mizuho Bank to face one-month suspension of some affiliated loans
The Financial Services Agency will order Mizuho Bank to suspend some of its affiliated loans for a month over its involvement in lending to members of organized crime groups, FSA sources said Wednesday.
BUSINESS / Companies
Dec 20, 2013
FSA plans more action against Mizuho
The Financial Services Agency will soon take additional punitive action against Mizuho Bank doing business with organized crime, FSA sources said Friday.
BUSINESS / JAPANESE PERSPECTIVES
Dec 7, 2013
Who is responsible for a corporate scandal?
Recent scandals involving Japanese businesses have included bank loans to the underworld and misrepresentations of restaurant menus at leading hotels, and many of the media reports have focused on how management takes responsibility for the mess. I would like to highlight three points that need to be taken into account when discussing such issues:
Japan Times
BUSINESS / Companies
Nov 21, 2013
Mizuho chief tells Diet bank will clean up act
Mizuho Bank President Yasuhiro Sato said Thursday at the Diet that the lender will call on more outside experts to improve its legal compliance since its established practice of lending to gangsters came to light.
Japan Times
BUSINESS / Companies
Nov 15, 2013
Mitsubishi UFJ, Mizuho bump up profit goals
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. raised their full-year profit goals after the economic revival spurred lending and an equity rally boosted fees and the value of their shareholdings.
Japan Times
BUSINESS
Nov 14, 2013
Mizuho group raises profit forecast by 20%
Mizuho Financial Group Inc. raised its full-year profit forecast 20 percent as the stock market rally spurred fee income and the value of its share-holdings.
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
JAPAN / Crime & Legal
Nov 8, 2013
Mizuho shareholders file complaint over yakuza loans
Two shareholders of Mizuho Financial Group Inc. have filed a criminal complaint with investigative authorities against Mizuho Bank, claiming it intentionally made a false report to the Financial Services Agency in connection with loans to yakuza, their lawyers said.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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