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Topic: Mizuho, Tokyo


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In the News (Tue 22 Dec 09)

  
  Learn more about Tokyo in the online encyclopedia.   (Site not responding. Last check: 2007-10-18)
Tokyo is the business center of the country as well as the home of the Japanese emperor and the seat of the national government.
Tokyo is often considered part of the Greater Tokyo Area, which consists of Tokyo prefecture itself and the surrounding prefectures of Kanagawa, Saitama and Chiba.
Tokyo literally means "eastern capital" in Japanese, to mean to oppose to an old capital in west, Kyoto, which was renamed "Saikyo", meaning "western capital", for a period of time.
www.onlineencyclopedia.org /t/to/tokyo.html   (1171 words)

  
 Tokyo - Wikipedia, the free encyclopedia
Tokyo was already the nation's political, economic, and cultural center, and the emperor's residence made it a de facto imperial capital as well with the former Edo Castle becoming the Imperial Palace.
Tokyo is also part of the Greater Tokyo Area, by far the world's most populous metropolitan region, which includes the surrounding prefectures of Kanagawa, Saitama, and Chiba.
Tokyo has the largest metropolitan economy in the world: its nominal GDP of around $1.315 trillion is greater than that of Mexico.
en.wikipedia.org /wiki/Tokyo   (3713 words)

  
 Mizuho, Tokyo - Wikipedia, the free encyclopedia
Mizuho (瑞穂町: Mizuho-machi) is a town in Nishitama District, Tokyo, Japan.
It was established on November 10, 1940, resulting from the merger of four villages and acquired additional land in 1958.
on the east, Musashi Murayama, Tokyo and Tokorozawa, Saitama
en.wikipedia.org /wiki/Mizuho,_Tokyo   (113 words)

  
 Boston.com / Business / Mizuno bank raises earnings forecast   (Site not responding. Last check: 2007-10-18)
Mizuho, which leads all other banks in terms of assets, expects to report a profit of 230 billion yen ($2.1 billion) profit for the six-month period ended Sept. 30, up from 100 billion yen ($901 million) projected earlier.
Mizuho Financial Group kept the outlook for group operating revenue the same from the earlier projection in May of 1.6 trillion yen ($14 billion).
Mizuho also said the settlement of a long-running tax dispute with the Tokyo metropolitan government boosted its forecast with a return of 58 billion yen ($523 million) to its three group banks.
www.boston.com /business/articles/2003/10/06/mizuno_bank_raises_earnings_forecast   (356 words)

  
 Mizuho profit jumps, sees weaker 05/06 - Boston.com - Asia - News   (Site not responding. Last check: 2007-10-18)
Mizuho Financial Group reported a 54 percent jump in annual net profit on Monday after a tax rebate boosted its bottom line, but Japan's biggest bank forecast profit would fall in the current year.
TOKYO (Reuters) - Mizuho Financial Group reported a 54 percent jump in annual net profit on Monday after a tax rebate boosted its bottom line, but Japan's biggest bank forecast profit would fall in the current year.
Mizuho and other big banks, which had been in crisis as recently as two years ago, have rebounded thanks to a stronger economy and efforts to clear years of accumulated bad loans.
www.boston.com /news/world/asia/articles/2005/05/23/mizuho_profit_jumps_sees_weaker_0506   (366 words)

  
 J1 Teams: FC Tokyo
FC Tokyo is one of the newest teams in the J.League, having been promoted from the J2 in 1999.
Tokyo is so new, in fact, that it doesnt have a mascot character (the characters of most teams were created under license by Sony Entertainment from 1992-95).
Though FC Tokyo certainly have solidified their place as one of the leading clubs in the league, they still seem to be one or two players short of a championship contender.
www.wldcup.com /Asia/jleague/tokyo.html   (990 words)

  
 CNN.com - Mizuho glitch cleanup to last a month - April 18, 2002
Mizuho told CNN on Thursday that its operations will be completely back to normal by May 1.
The systems-integration disaster is likely to claim the heads of Mizuho's former joint CEOs, who already stepped down as previously planned from their positions on April 1 (full story).
Mizuho says it would have been more disruptive to the Japanese banking system in general for it to retract its integration.
archives.cnn.com /2002/BUSINESS/asia/04/18/japan.mizuho   (686 words)

  
 Mail to friends, Printed Version   (Site not responding. Last check: 2007-10-18)
TOKYOMizuho Financial Group reported a 54 percent jump in annual net profit on Monday after a tax rebate boosted its bottom line, but Japan’s biggest bank forecast profit would fall in the current year.
Mizuho and other big banks, in crisis as recently as two years ago, have rebounded thanks to a stronger economy and efforts to clear years of accumulated bad loans.
Business Day: Mizuho 04-05 profit up 54% TOKYOMizuho Financial Group reported a 54 percent jump in annual net profit on Monday after a tax rebate boosted its bottom line, but Japan’s biggest bank forecast profit would fall in the current year.
www.biz-day.com /mail_to_friend/fbab4-n   (188 words)

  
 HARIAN UMUM SUARA MERDEKA   (Site not responding. Last check: 2007-10-18)
Tokyo (Associated-Press): Two major Japanese banking groups plan to reduce personnel by thousands each over the next few years to deal with red ink resulting from bad loan losses and falling stock prices, major newspapers reported Saturday.
Mizuho Financial Group -made up of Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan -will cut a total of 7,000 employees by March 2006, some 2,500 more than initially planned, the Nihon Keizai financial daily said.
Also, the president's of the three components of the Mizuho Group have all decided to resign their positions in a management reshuffle set for the end of this fiscal year, the Nihon Keizai reported.
www.suaramerdeka.com /harian/0111/27/eng7.htm   (349 words)

  
 FindArticles in Japan Weekly Monitor: February 2003
Tokyo stocks rise in morning on buybacks, weak yen.
Tokyo stocks rise sharply, led by exporters on weak yen.
Tokyo stocks slide in morning led by falls in exporters, banks.
www.findarticles.com /p/articles/mi_go1894/is_200302   (776 words)

  
 CNN.com - Mizuho heads likely to roll over glitches - April 15, 2002
TOKYO, Japan -- Mizuho Holdings Inc., the world's largest bank by assets, is snarled in a mammoth tech-support problem that is proving hard to patch.
Mizuho stock is down 4.35 percent at 286,000 yen on Monday at the lunch break.
Mizuho also said on Friday that it expects a loss of 1.01 trillion yen ($7.69 billion) for the business year just ended.
edition.cnn.com /2002/BUSINESS/asia/04/14/japan.mizuho   (490 words)

  
 CNN.com - Mizuho seen overhauling operations - November 25, 2001
Mizuho stock jumped 4.87 percent to 366,000 yen by noon Monday on hopes for debt writeoffs and restructuring.
So Mizuho's overhaul would be the most significant sign of progress, as Japan's banks head through earnings season and make their forecast for the second half of the year.
Mizuho has already announced that as of April, it will split into two sides: a retail bank, serving individuals and small- to mid-size businesses; and a corporate bank serving big companies.
archives.cnn.com /2001/BUSINESS/asia/11/25/japan.mizuho   (529 words)

  
 CNN.com - Mizuho's $16B writeoff sets pace on bad loans - November 26, 2001
TOKYO, Japan -- Mizuho Holdings Inc., the world's biggest bank by assets, on Monday posted a net loss of 264.6 billion yen ($2.1 billion) for the first six months of the business year.
Mizuho was formed in September 2000 when Fuji Bank joined forces with Dai-Ichi Kangyo Bank and the Industrial Bank of Japan.
Mizuho said it had 5.6 trillion yen in problem loans on its books as of the end of September.
archives.cnn.com /2001/BUSINESS/asia/11/26/japan.bnaks   (695 words)

  
 Bloomberg.com: Japan   (Site not responding. Last check: 2007-10-18)
Mitsubishi Tokyo, which had the largest value since a wave of mergers four years ago, was unchanged at 945,000 yen, valuing it at 6.19 trillion yen.
Mizuho will have repaid half of the public funds it borrowed from an industry bailout in 1998 and 1999 by March 31, the bank said yesterday.
Mizuho is forecasting a profit of 720 billion yen for the year ending March 31, compared with Mitsubishi Tokyo's 340 billion yen net income estimate.
www.bloomberg.com /apps/news?pid=10000101&refer=japan&sid=aT6lj4bz.FuY   (881 words)

  
 TIME Asia Magazine: Too Big to Fail? -- Feb. 03, 2003
Maeda followed that stunner with another: to replenish its rapidly evaporating capital, Mizuho is planning to raise a staggering $8.47 billion from investors by the end of March—the largest financing round ever undertaken by a Japanese bank.
Mizuho's plight is the latest indication that Japan's biggest and sickest banks might ultimately require government bailout and takeover.
Mizuho president Maeda has said that he is looking at foreign and domestic investors alike.
www.time.com /time/asia/magazine/article/0,13673,501030203-411456,00.html   (948 words)

  
 ajc.com | Business | Tokyo stocks have biggest drop since 9/11 attacks | ajc.com   (Site not responding. Last check: 2007-10-18)
TOKYO -- Tokyo stocks posted the biggest single-day loss in two years Thursday, as the U.S. dollar's weakness against the Japanese yen and Wall Street's decline a day earlier spooked investors.
UFJ and Mizuho were the most high-profile issues to hit their trading-day loss limit, but the selling was across-the-board.
On the Tokyo Stock Exchange's main section, 1,496 issues fell, 23 rose and seven were unchanged from the day before.
www.ajc.com /business/content/business/1003/23tokyo.html   (587 words)

  
 RealMarket CRM News Release - Eyretel plc
Mizuho, a subsidiary of Tokyo-based Mizuho Securities Co., Ltd., offers a full lineup of equity-based services for institutional investors including Japanese and American stocks and convertible bonds, as well as other products and services through its Futures and Fixed Income Divisions.
Mizuho Securities USA Inc. was formed through the merger of US securities and futures subsidiaries of The Dai-ichi Kangyo Bank, Limited, The Fuji Bank, Limited and The Industrial Bank of Japan, Limited.
It is a mission of Mizuho Securities USA Inc. to provide fast, superior and carefully tailored financial services that respond to the diverse and demanding requirements of customers.
www.realmarket.com /news/eyretel071602.html   (516 words)

  
 Federal Reserve Bulletin: Orders issued under Bank Holding Company Act - Legal Developments - Mizuho Financial Group
Mizuho Holdings, with total consolidated assets equivalent to $1.2 trillion, is the largest banking organization in the world by assets.
Mizuho Holdings' stated capital levels exceed the minimum levels that would be required under the Basle Capital Accord, and its capital levels are considered equivalent to the capital levels that would be required of a U.S. banking organization under similar circumstances.
In this light, and based on all the facts of record, the Board concludes that the financial and managerial resources and future prospects of Applicants and their subsidiary banks are consistent with approval.
www.findarticles.com /p/articles/mi_m4126/is_4_89/ai_101530407   (916 words)

  
 Japan urges Mizuho to recover from system errors - Computerworld
By the end of last week, Tokyo-based Mizuho Holdings announced that the problems had been cleared and that all it needed to do was process the delayed debits.
Mizuho Bank and Mizuho Corporate Bank were formed by The Dai-ichi Kangyo Bank Ltd., Fuji Bank Ltd. and Industrial Bank of Japan Ltd., which operated computer systems from three different IT suppliers: Fujitsu Ltd., IBM and Hitachi Ltd.
Mizuho Bank and Mizuho Corporate Bank plan to integrate their banking functions on a Fujitsu system and a Hitachi system, respectively, in April of next year, Miyama said.
www.computerworld.com /printthis/2002/0,4814,70211,00.html   (482 words)

  
 Mizuho Financial Group, Inc. - Fact Sheet - Hoover's
Mizuho means "golden ears of rice" in Japanese, but in the banking world it means the first bank with a trillion dollars in assets.
Battling Mitsubishi UFJ Financial Group and Citigroup for the title of the largest financial services company in the world (it trails both in assets), Mizuho Financial Group is the parent of Mizuho Bank (retail banking), Mizuho Corporate Bank (commercial financial services), Mizuho Securities (investment and brokerage services), and Mizuho Trust and Banking.
Mizuho Financial Group was formed by the 2002 merger of The Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan (IBJ).
hoovers.com /mizuho-financial/--ID__102420--/free-co-factsheet.xhtml   (341 words)

  
 Bloomberg.com: News & Commentary
Mizuho, which means ``ears of a rice plant'' in Japanese and symbolizes youthful beauty, was created in 2000 by a merger of Dai-Ichi Kangyo Bank Ltd., Fuji Bank Ltd. and the Industrial Bank of Japan Ltd.
Mizuho posted a 2.4 trillion yen loss in the year ended March 31, 2003, because of mounting bad loans.
Mizuho was the 62nd most common name for Japanese girls in 2000 and the 186th in 2001.
quote.bloomberg.com /apps/news?pid=nifea&&sid=abJAwKH14.ac   (787 words)

  
 Asia Times Online - The trusted news source for information on Japan
TOKYO - Sumitomo Mitsui Financial Group Inc and Mizuho Financial Group Inc have announced Monday that their group net profits fell in the first half ended September 30, but that their bad-loan ratios were also down by more than half from the levels seen in 2002.
Mizuho's group net profit declined 8.4% to 233.9 billion yen, topping the 140 billion yen profit it had forecast at the start of the current fiscal year.
The two financial groups were able to achieve the government-set goal of halving the ratio of bad loans to total loans from the level in 2002 by the end of March 2005.
www.atimes.com /atimes/Japan/FK25Dh02.html   (365 words)

  
 Bloomberg.com: Top Worldwide
Mizuho's value surged 10-fold since April 2003 when it had a 2.38 trillion yen loss, a record for Japan.
Mizuho will have repaid half of the public funds it borrowed from an industry bailout in 1998 and 1999 by March 31, according to an announcement the bank made yesterday.
Mizuho had 138.4 trillion yen of assets as of Dec. 31, compared with 116.2 trillion yen at Mitsubishi Tokyo.
quote.bloomberg.com /apps/news?pid=10000006&sid=aUJnJQPZySRo&refer=home   (472 words)

  
 Rival stirs up monster Japan bank takeover / UFJ Holdings gets $29 billion Sumitomo bid
Tokyo -- The biggest takeover battle in Japanese history got even bigger on Tuesday as the Sumitomo Mitsui Financial Group sought to disrupt a rival's expansion plans with a $29 billion hostile bid for UFJ Holdings.
UFJ announced it was entering merger talks with Mitsubishi Tokyo last month, but the talks were soon hung up by a legal challenge from Sumitomo Trust and Banking, a company with ties to Sumitomo Mitsui.
Mitsubishi Tokyo is widely considered to be Japan's strongest bank, and from that perspective analysts say it would be the better choice for UFJ.
www.sfgate.com /cgi-bin/article.cgi?f=/chronicle/a/2004/08/25/BUG1J8DN4U1.DTL   (704 words)

  
 Business Report - Mizuho raises net-profit forecast by 130%
Tokyo -Mizuho Financial Group, Japan's largest bank by assets, on Monday more than doubled its earnings projection for April-September to a net profit of R14.5 billion, thanks to gains in its shareholdings and reduced non-performing loans.
Mizuho Financial Group said it would announce a revised full-year earnings forecast in November, when it announces results for the six months to March.
The group's shares gained ¥4 000 in Tokyo to end Monday at ¥307 000 after a weekend news report the banking group expected net profit for April-September to be much higher than previously projected.
www.busrep.co.za /index.php?fSectionId=565&fArticleId=253947   (872 words)

  
 Banks In Tokyo - Offshore Investments, Offshore Banking
Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan's big banks were in a of the big banks' gross operating income derived from their Tokyo operations, bypassing the banks' write-offs entirely
Tokyo shares gained in morning trade Monday as banking groups and select technology issues rebounded following hefty falls in the past week.
Two of Japan's largest banks, Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc., agreed Thursday to a merger that would form the world's biggest bank, with assets of nearly $2 trillion.
www.offshore-resources.net /banksintokyo.htm   (426 words)

  
 RedOrbit NEWS | Tokyo Stocks Rise, Dollar Up Against Yen   (Site not responding. Last check: 2007-10-18)
Tokyo stocks closed higher Tuesday, given an early boost by Wall Street's best advance in months, and amid signs that the market was set to recover from recent declines.
Major bank issues, including Mizuho, Mitsubishi Tokyo and UFJ, rose on expectations of solid fiscal half-year earnings reports, which came out after the market's close and were largely upbeat.
Goldman Sachs' chief strategist Kathy Matsui called a recent decline in the market a "healthy correction" and said that stocks were set to rise as investors dipped in for a second chance to buy.
www.rednova.com /modules/news/tools.php?tool=print&id=37237   (465 words)

  
 Bloomberg.com: Asia
Mizuho completed the system integration today and the lender hasn't had any problem with its ATMs, said Yasushi Miyama, a Mizuho spokesman.
Mizuho's shares rose as much as 1.1 percent to 465,000 yen at 12:39 p.m.
Mizuho, which means ``ears of a rice plant'' in Japanese and symbolizes youthful beauty, was created in 2000 by a merger of Dai- Ichi Kangyo Bank Ltd., Fuji Bank Ltd. and the Industrial Bank of Japan Ltd.
www.bloomberg.com /apps/news?pid=10000080&sid=adlORDSnlT.c&refer=asia   (901 words)

  
 Japan's Mizuho to sell 400 bln yen worth of shares to boost capital - report - Forbes.com   (Site not responding. Last check: 2007-10-18)
TOKYO (AFX) - Mizuho Financial Group Inc plans to sell this month about 5 pct of its outstanding shares, worth slightly more than 400 bln yen in market value, owned by a subsidiary to boost its capital, the Nihon Keizai Shimbun reported without citing sources.
Mizuho will sell a sizable portion of the shares to multiple US and European institutional investors, including Merrill Lynch and Co to prevent a high volume of its shares from going on the market, which could lead to a sharp decline in the share price, it said.
Mizuho intends to pay back the remaining 600 bln yen by July next year at the earliest.
feeds.osakanews.net /?rid=2aad637dd30c3359&cat=c4f2dd8ca8c78044&f=1   (571 words)

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