Mizuho Securities : Notice of Organizational Changes(PDF/228KB)

July 7, 2014

To whom it may concern:

Mizuho Securities Co., Ltd.

Mizuho Securities Co. Ltd. (President & CEO: Hiroshi Motoyama, hereinafter the "Company") hereby announces the following organizational changes, which aim to strengthen the company's front division capabilities and enhance its internal control framework. The changes will come into effect today, July 7, 2014 (except for one change scheduled to come into effect on August 4, 2014).

Please refer to the attached organizational chart for the detailed organizational structure after the changes. The principal organizational changes will be as follows:

○ A new dedicated trading unit called the Equity Investment Department is established in the Equity Group.

○ Order acceptance and placement services for Corporate Investment Services & Retail Business Division clients, which have been handled by the Sales Trading Department, will be handled by the Equity Product Marketing

Department. As a result, the Equity Product Marketing Department will be responsible for the whole process from producing proposals through to order acceptance and placement.

○ In order to enhance the functions at head office involved in supporting sales activities at sales branches, the functions have now been reorganized, with some being integrated. Specifically, support functions for solutions sales targeting

clients such as business owners are now consolidated in the Private Banking Advisory Department (which is the new

name of the Wealth Management Advisory Department). Sales promotion for solutions business targeting corporate clients will be handled by the new Business Promotion Department (which has taken over operations transferred from the IB Business Promotion Department in the IB Business Promotion Group). In addition, the Product Promotion Department will be responsible for all sales and promotion of financial (mainly secondary) products.

○With the aim of enhancing ultra-HNWI business, the Private Banking Department and the Asset Management Sales Department will be combined into a new unit, also to be called the Private Banking Department. While the other organizational changes will come into effect on July 7, this change will come into effect on August 4.

○In line with the changes to the Corporate Investment Services & Retail Business Division mentioned above, the IB Business Promotion Department is renamed the Finance Consulting Department, and is now responsible for

providing support for sales of stock option plans and similar products, along with TOB agency business.

○ In order to strengthen internal controls in front office divisions, the Process Control Office, which is responsible for internal controls in the Investment Banking Division, is changed from an office within a department to a standalone

department called the Investment Banking Process Control Department.

General Meeting of Shareholders

Board of Corporate
Auditors Corporate Auditors Office
Board of Directors
Executive Management
Committee President Internal Audit Committee

(Appendix)

Business Policy
Committee
Executive Secretariat
Investment Banking Division Markets & Products Division Corporate Investment Services & Retail Business Division Functional Division Corporate Division
Internal Audit Division
Solutions Business Group Retail Business Group Research Group Strategic Planning Group

Internal Audit Dept.

Corporate Investment Business Dept. Tokyo Financial Advisors Sales Dept

Fixed Income Research Dept. Corporate Planning Dept. Group Collaboration Planning Office
Investment Solutions Dept. Public Institutions Business Promotion Office Equity Research Dept. Crisis Management Office
Global Coordination Dept. Overseas Administration Office
Fixed Income Group W ealth Management Group
Strategic Research Dept. Investment Education Promotion Office

Fixed Income Business Administration Dept. W ealth Management Tokyo Dept.

Corporate Communications Dept. Corporate Culture & Customer Satisfaction Office

Fixed Income Trading Dept. Wealth Management Osaka Dept.
Administration Dept. Group Affiliates Management Office
Derivative Products Dept.

Foreign Fixed Income Trading Dept.

Corporate Business Group

Financial Control & Accounting Group

Fixed Income Sales Dept. Ⅰ～Ⅳ

Corporate Business Promotion Dept. Securities Business Development Office

Financial Planning Dept. Accounting Dept.
JA Sales Dept. Norinchukin Bank Debentures Office

Products Promotion & Marketing Dept.

Strategic Financial Product Dept.

Tokyo Corporate Services Dept.

Corporate Finance Promotion Dept.Ⅰ～Ⅲ

Head Offide Sales Dept.Ⅰ
Head Offide Sales Dept.Ⅱ
Brunch
Sales Dept.（PB）
Risk Management Group
Due Diligence Dept. Risk Management Dept. Credit Risk Management Dept.

Credit & Derivative Trading Dept.

Banking & Trust Collaboration Group

Beijing Representative Office
Collaboration Promotion Dept. Group Financial Instruments Intermediary Service Operation Office!J

Shanghai Representative Office Human Resources Group

Equity Group

Equity Business Administration Dept.

Equity Trading Dept. Equity Investment Dept. Equity Finance Dept. Sales Trading Dept.
Trading Monitoring Office

Internet and Contact Center Group

Internet Service Dept.
Contact Services Dept. Tokyo Contact Center Yokohama Contact Center Osaka Contact Center
Investment Dept.
Operation Training Office
Human Resources Dept. Career Development Office
Diversity Promotion Office
IT & Systems Group
IT Strategic Planning Dept. W holesale IT Strategy Dept.
Institutional Sales Dept. Financial Institutions Sales Office
System Risk Control Dept.

IT Infrastructure Management Dept.

Corporate Access Dept.

Equity Product Marketing Dept.

Trading Office

Corporate Investment Services & Retail Business Management Dept. System & Regulation Management Office

Business Collaboration Dept. (Banking & Trust Services)

Retail IT Strategy Dept. IT Operations Management Dept.
Corporate IT Strategy Dept.

Markets & Products Business Administration Dept. Business Training Office

System Planning Office

Corporate Investment Services & Retail Business Supervising Dept.

Retail Business Marketing Dept. Business Networking Promotion Office

Operations Group
Process Management Dept. Corporate Support Dept. Settlement Control Dept.
Product Planning Dept.
Product Promotion Dept.
Compliance Group
Compliance Planning Dept.

Investment Information Dept.
Business Promotion Dept. Process Control Office

Private Banking Advisory Dept.

Private Banking Dept.
Retail Compliance Dept. Customers Inquiry Office
W holesale Compliance Dept. Conflict Management Office Trading Supervisory Dept. Information Control Office Customer Satisfaction Dept. Customer Relations Office
Administration Office
Legal Dept. Financial ADR Office

Information Security Management Dept. Security Monitoring Office

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