Mizuho · 08/20/2026
Investment in Mizuho Securities Co., Ltd. by The Norinchukin Bank
Official source ↗Complete Research
Complete English original
Mizuho Financial Group, Inc.Mizuho Corporate Bank, Ltd.Mizuho Securities Co., Ltd.
Mizuho Securities Co., Ltd. ("MHSC," President: Yoshio Osawa) announces that, at the meeting of its Board of Directors held today, it resolved to issue new shares by way of third-party allocation as described below.
MHSC plans to raise approximately &JPY 75 billion through the issuance of new shares to The Norinchukin Bank ("Norinchukin," President and Chief Executive Officer: Hirofumi Ueno).
The third-party allocation of shares to Norinchukin follows the transfer of operations of Norinchukin Securities Co., Ltd. to MHSC in March 2004 and is expected to further reinforce the developing and growing relationship between the MHSC and Norinchukin and enhance the business platform and earnings of MHSC.
This transaction will be executed immediately after all necessary procedures with relevant regulatory authorities are completed.
Particulars
Total issue amount Approximately JPY 75 billion (planned)
Allocation to capital Approximately JPY 45 billion (planned)
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AI analysis
AI-generated from the report above · not a translation and not the institution's wording · verify against the official source
Key arguments
- The capital raise follows the transfer of Norinchukin Securities' operations to Mizuho Securities in March 2004.
- The transaction is expected to reinforce the developing relationship and enhance the business platform and earnings of Mizuho Securities.
- The transaction will be executed after all necessary regulatory procedures are completed.
Risks
- Regulatory approvals may not be obtained in a timely manner.
- The expected enhancement of business platform and earnings may not materialize as projected.