Mizuho Financial Group
The headquarters of the banking holding company Mizuho Financial Group are in Chiyoda's Temachi neighborhood in Tokyo, Japan. Mizuho is a Japanese word that, when translated literally, means "harvest" and "abundant rice." It was the largest bank in the world in terms of assets when it was founded. The Financial Stability Board views this bank as one of systemic importance.
Through its control over Mizuho Bank and other operating subsidiaries, it holds assets worth more than $1.8 trillion in US dollars. The company's holdings as a whole rank as Japan's third-largest financial services group. In Japan, its banking operations are ranked third behind SMBC Group and Mitsubishi UFJ Financial Group. As of December 2018, it was the 15th-largest global banking institution by total assets.
In May 2017, Forbes ranked it as the 90th-largest firm in the world. It is traded as American depositary receipts on the New York Stock Exchange and the Tokyo Stock Exchange, where it is a part of the Nikkei 225 and TOPIX Core30 indices.
Mizuho Financial Group's market cap as of March 2023 is $35.88 billion. By market cap, Mizuho Financial Group is now the 479th most valuable corporation in the world. The most recent financial reports from Mizuho Financial Group indicate that the company's current revenue (TTM) is $20.53 billion. The company generated $23.28 billion in revenue in 2021, an increase from $22.04 billion in revenue in 2020.
Founded: September 2000
Headquarters: Marunouchi, Chiyoda, Tokyo, Japan
Website: mizuhogroup.com