Mizuho Financial Group, Inc. (MHFG) history, company profile (overview) and history video
Mizuho Financial Group, Inc. (株式会社みずほフィナンシャルグループ), or also known as MHFG, is a Japanese holding company headquartered in Tokyo, Japan.
The company’s history derives from three of Japan’s oldest banks: Dai-Ichi Bank (Dai-Ichi Kangyo Bank), Yasuda Bank (Fuji Bank), and the Industrial Bank of Japan.
The Dai-Ichi Kangyo Bank, Ltd. (株式会社第一勧業銀行), abbreviated as DKB, was founded in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan’s oldest bank, and Nippon Kangyo Bank, a state financial institution that granted loans to industry and agriculture.
The Fuji Bank, Ltd. (株式会社富士銀行) traces its roots as far back as the old Yasuda zaibatsu (安田財閥), a financial conglomerate owned by the Yasuda clan. It was originally founded as the Yasuda Bank, in 1880.
The Industrial Bank of Japan, Ltd. (IBJ) was founded as a public-sector bank under the Industrial Bank of Japan Act of 1902.
In 2000, Mizuho Financial Group was formed by the merger of Dai-Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan.
Through its group companies, the Group offers financial and strategic services, such as banking, securities, trust, asset management, research, and others.
The main group companies are: Mizuho Bank, Mizuho Americas, Mizuho Securities, Mizuho Trust & Banking, Asset Management One, Mizuho Private Wealth Management, Mizuho Research Institute, and Mizuho Information & Research Institute.
With more than 60,000 employees in more than 35 countries, Mizuho Financial Group, Inc. is considered one of the Largest Public Companies in the World and one of the Top Regarded Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org and ”www.mizuho-fg.com”.
**Video published on YouTube by “Companies History“.