To whom it may concern:
October 4, 2013
Mizuho Securities Co., Ltd.
Mizuho Securities Co. Ltd. (President & CEO: Hiroshi Motoyama) hereby announces the following consolidations of branches adjudged to be overlapping (in terms of serving clients in the same geographical area) based on a review of the company's retail network carried out in the light of the January 2013 merger with Mizuho Investor Securities.
Following the seven consolidations listed below, the number of consolidated branches will stand at 36, and the company's post-merger retail framework under the Corporate Investment Services & Retail Business Division will consist of 103 branches, one sales office, 165 planet booths, and one financial advisors sales department.
The company will continue to strive to achieve merger synergies as soon as possible and develop the
optimal retail network to serve the needs of clients.
Branches to be closed | Branches absorbing closed branches | Scheduled date of consolidation |
Hamamatsu-Chuo Branch | Hamamatsu Branch | Monday, February 24, 2014 |
Toyama-Chuo Branch | Toyama Branch | Monday, March 10, 2014 |
Kobe-Motomachi Branch | Kobe Branch | Monday, March 10, 2014 |
Hiroshima-Chuo Branch | Hiroshima Branch | Monday, March 10, 2014 |
Sapporo-Chuo Branch | Sapporo Branch | Monday, March 24, 2014 |
Sendai-Chuo Branch | Sendai Branch | Monday, March 24, 2014 |
Takamatsu-Chuo Branch | Takamatsu Branch* | Monday, March 24, 2014 |
*The Takamatsu Branch will move into the same building as the Mizuho Bank Takamatsu Branch on Monday, March 10, 2014, forming a joint branch in the process. Subsequently, the Takamatsu-Chuo Branch will be consolidated into the Takamatsu Branch on Monday, March 24, 2014. The address of the consolidated branch will be the same as the address of the joint branch,
which is as follows:
1-6-8 Bancho, Takamatsu-shi, Kagawa-ken
End.
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