Head on this page.

Window close

September 29, 2000

Establishment of Mizuho Holdings, Inc.

Today, The Dai-Ichi Kangyo Bank, Ltd. ("DKB," President: Katsuyuki Sugita), The Fuji Bank, Ltd. ("Fuji Bank," President: Yoshiro Yamamoto) and The Industrial Bank of Japan, Ltd. ("IBJ," President: Masao Nishimura) (collectively, the "Three Banks") have established Mizuho Holdings, Inc. by way of stock-for-stock exchange. As a result of this transaction, there have been significant changes in the principal shareholders of the Three Banks, and each of the Three Banks has become a wholly owned subsidiary of Mizuho Holdings, Inc. Subsidiaries of each of the Three Banks will become indirect subsidiaries of Mizuho Holdings, Inc.

Furthermore, on October 1, 2000, the securities subsidiaries of each of the Three Banks, DKB Securities Co., Ltd, Fuji Securities Co., Ltd. and IBJ Securities Co., Ltd. will merge to become Mizuho Securities Co., Ltd. On the same day, The Dai-Ichi Kangyo Fuji Trust & Banking Co., Ltd., a joint trust bank subsidiary of DKB and Fuji Bank, and IBJ Trust Banking Co., Ltd., a trust bank subsidiary of IBJ, will merge to become Mizuho Trust & Banking Co., Ltd.

3 enclosures
For further information, please contact:

Mizuho Holdings, Inc.
Public Relations (Ogawa, Yonezawa, Kubo)
Phone number: 81-3-5224-2026

Outline of Mizuho Holdings, Inc.

(1) Company Name Mizuho Holdings, Inc.
(2) Head Office Location Marunouchi Center Building, 6-1 Marunouchi, 1-chome, Chiyoda-ku, Tokyo
(3) Capital Stock JPY 2,572 billion
(4) Business Management and administration of the Three Banks and other Mizuho Financial Group companies and any incidental business thereof
(5) Directors Title Name Position concurrently serving in the Three Banks
Chairman & Co-CEO Masao Nishimura President and CEO, IBJ
Chairman & Co-CEO Yoshiro Yamamoto President and CEO, Fuji Bank
President and Co-CEO Katsuyuki Sugita President and CEO, DKB
Deputy President
(Full-time)
Yozo Okumoto  
Deputy President
(Full-time)
Toshiyuki Ogura  
Deputy President
(Full-time)
Kuniya Sakai  
Deputy President Tosaku Harada Deputy President, Fuji Bank
Deputy President Kisaburo Ikeda Deputy President, IBJ
Deputy President Toshikuni Nishinohara Deputy President, DKB
(Note) Yozo Okumoto, Toshiyuki Ogura and Kuniya Sakai have resigned from their positions as deputy president of IBJ, deputy president of Fuji Bank, and senior managing director of DKB, respectively, and have been appointed full-time deputy presidents of Mizuho Holdings, Inc.
(6) Principal Shareholder and Number of Shares Held Resolution and Collection Corporation
1,063,000,000 shares
(10.29% of outstanding shares)

Changes in Principal Shareholders of the Three Banks

(1) The Dai-Ichi Kangyo Bank, Ltd.

  1. 1. Names of Principal Shareholders Affected by the Transaction
    Mizuho Holdings, Inc. and Resolution and Collection Corporation
  2. 2. Number of Shares Held by Each Principal Shareholder and Its Percentage to the Outstanding Shares, Before and After the Transaction
    1. a. Mizuho Holdings, Inc.
        Number of Shares Held % of Outstanding Shares
      Before None 0.00%
      After 3,505,384,804 shares 100.00%
    2. b. Resolution and Collection Corporation
        Number of Shares Held % of Outstanding Shares
      Before 383,000,000 shares 10.92%
      After None 0.00%
  3. 3. Effective Date
    September 29, 2000

(2) The Fuji Bank, Ltd.

  1. 1. Names of Principal Shareholders Affected by the Transaction
    Mizuho Holdings, Inc. and Resolution and Collection Corporation
  2. 2. Number of Shares Held by Each Principal Shareholder and Its Percentage to the Outstanding Shares, Before and After the Transaction
    1. a. Mizuho Holdings, Inc.
        Number of Shares Held % of Outstanding Shares
      Before None 0.00%
      After 3,896,303,343 shares 100.00%
    2. b. Resolution and Collection Corporation
        Number of Shares Held % of Outstanding Shares
      Before 400,000,000 10.26%
      After None 0.00%
  3. 3. Effective Date
    September 29, 2000

(3) The Industrial Bank of Japan, Ltd.

  1. 1. Name of Principal Shareholder Affected by the Transaction
    Mizuho Holdings, Inc.
  2. 2. Number of Shares Held by the Principal Shareholder and Its Percentage to the Outstanding Shares, Before and After the Transaction
    1.   Number of Shares Held % of Outstanding Shares
      Before None 0.00%
      After 2,919,579,392 shares 100.00%
  3. 3. Effective Date
    September 29, 2000
    (note) As a result of the stock-for-stock exchange, the number of shares held by Resolution and Collection Corporation decreased from 280,000,000 to zero.

Outline of Mizuho Securities Co., Ltd.

(1) Company Name Mizuho Securities Co., Ltd.
(2) Head Office Location 5-1 Otemachi, 1-chome, Chiyoda-ku, Tokyo
(3) Capital Stock JPY 150.2 billion
(4) Principal Directors Chairman Takasuke Kaneko
Vice Chairman Tomohiro Kamio
President Hiroshi Nakamura
(5) Shareholders The Dai-Ichi Kangyo Bank, Ltd. 1,008,000 shares (33.5%)
The Fuji Bank, Ltd. 696,000 shares (23.2%)
The Industrial Bank of Japan, Ltd. 1,300,000 shares (43.3%)

Outline of Mizuho Trust & Banking Co., Ltd.

(1) Company Name Mizuho Trust & Banking Co., Ltd.
(2) Head Office Location 6-2 Marunouchi, 1-chome, Chiyoda-ku, Tokyo
(3) Capital Stock 115 billion
(4) Principal Directors Chairman & CEO Yasuo Noda
President & CEO Shoji Yamada
Deputy President Hiromichi Tsuda
Deputy President Hideo Kitahara
Deputy President Toshimitsu Kato
(5) Shareholders The Dai-Ichi Kangyo Bank, Ltd. 900,000 shares (44.1%)
The Fuji Bank, Ltd. 900,000 shares (44.1%)
The Industrial Bank of Japan, Ltd. 240,000 shares (11.8%)

Window close

It moves to the head on this page.
It moves to the head on this page.