Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Mizuho Financial Group, Inc.    8411   JP3885780001

MIZUHO FINANCIAL GROUP, INC. (8411)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Mizuho Financial Group, Inc. : Review of Group Capital Structure (Timely Disclosure 16:00) (HTML) (PDF/88KB)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/04/2013 | 09:31am CEST

Mizuho Financial Group, Inc. (President & CEO: Yasuhiro Sato) ("MHFG"), Mizuho Bank, Ltd. (President & CEO: Takashi Tsukamoto) ("MHBK") and Mizuho Corporate Bank, Ltd. (President & CEO: Yasuhiro Sato) ("MHCB"), hereby announce that they have determined to turn Mizuho Securities Co., Ltd. (President & CEO: Hiroshi Motoyama) ("MHSC"), a consolidated subsidiary of MHFG, into a directly-held subsidiary of MHFG, by MHBK and MHCB, each a wholly-owned subsidiary of MHFG, distributing as a dividend in kind to MHFG all of the shares of MHSC that are held by each of MHBK and MHCB as of April 1, 2013 (hereinafter such change to MHSC shall be referred to as the "Change"), as described below.

1. Background and Purposes

Our group aims to build the most effective and advanced group management structure. This will include moving to a single bank and single securities structure that aims to promote timely and unified group strategic planning under the strong governance of the holding company as well as taking advantage of the characteristics and competitiveness of being the only Japanese banking group that holds its own bank, trust bank and securities company. It will also include moving to a new group capital structure and new group operational structure and the strengthening of group governance.

As announced in the news release titled "Review of Group Capital Structure and Transformation into New Group Management Structure" dated December 21, 2012, our group intends to turn MHSC, a consolidated subsidiary of MHFG, into a directly-held subsidiary of MHFG in the first half of fiscal year of 2013 and to move to a new group capital structure, which will place banking, trust banking, securities and other major group companies under the direct control of the holding company. Our group has determined to conduct the Change, by which it intends to achieve such move to a new group capital structure, on April 1, 2013, simultaneously with the commencement of "One MIZUHO New Frontier Plan - Stepping up to the Next Challenge -," a new medium-term business plan announced on February 26, 2013 in the release titled "One MIZUHO New Frontier Plan Stepping up to the Next Challenge."

This press release contains forward-looking statements, including estimates and plans. Such forward-looking statements reflect our current views with respect to future events and are subject to risks, uncertainties and assumptions and do not represent any guarantee of future performance.
We may not be successful in implementing our business strategies, and management may fail to achieve its estimates, for a wide range of possible reasons, including, without limitation, those included in "Item 3.D. Key Information - Risk Factors" and "Item 5. Operating and Financial Review and Prospects" in MHFG's most recent Form 20-F filed with the U.S. Securities and Exchange Commission ( "SEC" ) which is available in the Financial Information section of MHFG's web page at www.mizuho-fg.co.jp/english/ and also at the SEC's web site at www.sec.gov. We are under no obligation, and disclaim any obligation, to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the rules of the Tokyo Stock Exchange.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MIZUHO FINANCIAL GROUP, IN
06/21JAPAN MIZUHO FINANCIAL GROUP : Changes of Executive Officers
AQ
06/215 JAPANESE BANKS BACKING SAMURAI BON : D.o.f.
AQ
06/20MIZUHO FINANCIAL : Strengthening Our Stance on Responsible Investment and Financ..
AQ
06/14MIZUHO FINANCIAL : Dominates in Greenwich Associates Survey of North American In..
AQ
06/05Texas Instruments prices $200 million of investment grade notes
AQ
06/05Japan's Sharp to issue new shares worth about $1.8 billion
RE
05/21MIZUHO FINANCIAL : Americas Hires Paul Sankey, Top-Rated Oil & Gas Analyst
AQ
05/15Japan's biggest banks revamp, close branches in efficiency drive
RE
05/15MIZUHO FINANCIAL GROUP, INC. : Slide show results
CO
05/14Main events scheduled for Tuesday, May 15
AQ
More news
News from SeekingAlpha
06/08Mizuho sees U.S. junk bonds as `next chapter', may be some Asian demand 
02/21Orocobre And Advantage - Drill Results Continue To Expand The Cauchari Basin 
02/06U.S. Trade Balance Is Deteriorating, Despite Record Exports 
01/31Mizuho Financial reports Q3 results 
2017My Bet? Canadian Banks 
Financials ( JPY)
Sales 2019 3 790 B
EBIT 2019 534 B
Net income 2019 537 B
Debt 2019 -
Yield 2019 4,03%
P/E ratio 2019 8,73
P/E ratio 2020 9,05
Capi. / Sales 2019 1,25x
Capi. / Sales 2020 1,56x
Capitalization 4 726 B
Chart MIZUHO FINANCIAL GROUP, IN
Duration : Period :
Mizuho Financial Group, In Technical Analysis Chart | 8411 | JP3885780001 | 4-Traders
Technical analysis trends MIZUHO FINANCIAL GROUP, IN
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 208  JPY
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Yasuhiro Sato President, Group CEO & Director
Daisaku Abe COO, Chief Information Officer & EVP
Mitsuo Ohashi Outside Director
Ryusuke Aya Director & Chief Risk Officer
Hiroko Ota Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
MIZUHO FINANCIAL GROUP, INC.-10.40%42 946
JP MORGAN CHASE & COMPANY-1.11%360 055
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-8.55%301 669
BANK OF AMERICA-1.80%293 940
WELLS FARGO-11.09%262 843
CHINA CONSTRUCTION BANK CORPORATION-8.07%251 244