Mizuho Financial Group, Inc. offers a range of financial services, including banking, securities, trust and asset management services. It organizes its businesses in three Global Groups: the Global Corporate Group, the Global Retail Group, and the Global Asset & Wealth Management Group. The Global Corporate Group provides banking and securities products, and services to large corporations and other customers in and outside of Japan. The Global Retail Group provides a range of financial products and services, including those provided through collaborations with its group companies, small and medium enterprises (SMEs) and middle-market corporations in Japan. The Global Asset & Wealth Management Group provides trust, asset management and private banking products and services. In May 2009, Mizuho Securities Co., Ltd. and Shinko Securities Co., Ltd. completed a merger. The merged entity, Mizuho Securities, is the Company’s subsidiary.
Quick Financial Synopsis
BRIEF: For the three months ended 30 June 2009, Mizuho Financial Group Inc.'s interest income decreased 32% to Y411.62B. Net interest income after LLP increased 11% to Y281.16B. Net loss totaled Y4.49B, vs. an income of Y132.99B. Interest income reflects decreased interest income from loans and securities. Net interest income is offset by decreased interest expense on deposit. Net loss also suffers from increased total special loss.