What Sets Us Apart
A leading presence in financial markets
Mizuho Securities has a retail network of 259 offices* across Japan and thus holds a leading position in the domestic industry. We continue to establish joint branches with Mizuho Bank, including additional Planet Booths established inside the lobbies of Mizuho Bank branches around the country. In this way, we can deliver a comprehensive selection of Mizuho financial services at a single location. We also have a solid track record of excellence in investment banking, including bond and equity underwriting and M&A advisoryservices which consistently receive outstanding evaluations from clients. Furthermore, with a research team consisting of many industry–leading analysts, strategists and economists, we have maintained a leading position over many years in equity and bond/ forex analyst rankings conducted by some of the most prominent financial periodicals, receiving high praise from institutional investors.
*As of March 31, 2019
Equity Analyst Ranking
In the 2019 Nikkei Veritas survey on most popular equity analyst, we ranked No. 2 in rankings by company and our analysts ranked No. 1 in 9 (more than any other company in the industry) out of 31 business categories in rankings by industry.
Annual Rankings by Company
| 2015 | 2016 | 2017 | 2018 | 2019 | |
| Nikkei Veritas Survey on most popular equity analyst |
No.1 | No.1 | No.1 | No.2 | No.2 |
Survey on Most Popular Bond/Forex Analyst/Economist
In the 2019 Nikkei Veritas survey on most popular bond/forex analyst/economist, Mizuho Financial Group ranked No. 2 in rankings by company and No. 1 in 2 out of 5 business categories.
Annual Score Rankings by Company
| 2015 | 2016 | 2017 | 2018 | 2019 | |
| Nikkei Veritas Survey on most popular bond/ forex analyst/economist |
No.5 | No.2 | No.1 | No.1 | No.2 |
Bond Underwriting
Total Domestic Bonds from Public Offerings(Apr. 1, 2018 – Mar. 31, 2019)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 3,718.8 | 21.4 |
| 2 | Nomura Securities | 3,295.5 | 19.0 |
| 3 | SMBC Nikko Securities | 3,145.5 | 18.1 |
| 4 | Daiwa Securities | 3,122.5 | 18.0 |
| 5 | Mitsubishi UFJ Morgan Stanley Securities | 2,755.4 | 15.9 |
Based on underwriting amount and issuance date
Figures above include straight bonds, investment corporation bonds, FILP agency bonds, local government bonds (lead manager method only), samurai bonds, and preferred securities, and exclude corporate treasury debt.
Source: Prepared by Mizuho Securities based on data from I–N Information Systems
Equity Underwriting
Total Domestic and Cross–border Equities(Apr. 1, 2018 – Mar. 31, 2019)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Nomura Securities | 1,175.2 | 20.6 |
| 2 | Daiwa Securities Group Inc. | 906.4 | 15.9 |
| 3 | Sumitomo Mitsui Financial Group | 864.7 | 15.2 |
| 4 | Mizuho Financial Group | 746.7 | 13.1 |
| 5 | Morgan Stanley | 731.4 | 12.8 |
Based on underwriting amount and issuance date
Figures above are the sum of equities from initial public offerings, equities from existing public offerings, and convertible bonds (including REITs)
Source: Prepared by Mizuho Securities based on data from Thomson Reuters Markets
M&A Advisory
M&A Advisory for Announced Deals(Apr. 1, 2018 – Mar. 31, 2019)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Sumitomo Mitsui Financial Group | 212 | 8,469.3 |
| 2 | Mizuho Financial Group | 166 | 11,096.7 |
| 3 | Nomura Securities | 108 | 11,878.3 |
| 4 | Kaede Group | 79 | 4.8 |
| 5 | KPMG | 76 | 877.5 |
Based on number of deals; any Japanese–related deals
Real estate deals excluded
Source: Prepared by Mizuho Securities based on data from Thomson Reuters Markets
Structured Finance Business
ABS Lead Manager(Apr. 1, 2018 – Mar. 31, 2019)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Mizuho Financial Group | 146 | 1,450.7 |
| 2 | Sumitomo Mitsui Trust Holdings, Inc. | 25 | 895.4 |
| 3 | Sumitomo Mitsui Financial Group | 19 | 650.3 |
| 4 | Morgan Stanley | 18 | 435.1 |
| 5 | Daiwa Securities Group Inc. | 13 | 400.5 |
Based on deal amounts and settlement dates
Source: Prepared by Mizuho Securities based on data from Thomson Reuters Markets
IPO Lead Manager
The number of deals we have won has increased significantly since the 2013 merger*1, and for FY18 we ranked No. 3 in number of IPO lead manager deals*2.
*1 Since the merger of the former Mizuho Securities and former Mizuho Investors Securities
*2 Based on data from Capital Eye
Bookrunner basis
REITs and global offerings excluded
Taking One Mizuho to a new stage
Under the slogan "One Mizuho," Mizuho brings together multiple financial functions in terms of banking, trust banking, and securities solutions to consistently meet the diverse needs of clients.
To further enhance collaboration under the One Mizuho commitment, group companies are accelerating collective efforts to effectively leverage group–wide capabilities.
Banking–Trust Banking–Securities integrated operations
Under the slogan "One Mizuho," we will further accelerate integrated efforts involving all Mizuho group entities thus enabling us to offer banking, trust banking, and securities services which resonate with the needs of our clients.
Planet Booths
Located in the lobbies of Mizuho Bank branches, these joint branches with Mizuho Bank enable clients to access our full line of securities services.
*All figures for the number of offices are as of March 31, 2019.
Domestic Network
Drawing on our industryleading retail network of 259 offices across Japan, we have the capacity to deliver services finely tuned to client needs. (As of March 31, 2019)
Seminars
In FY18, we conducted approximately 1,200 seminars nationwide for individual clients, including seminars in collaboration with other group companies. We will continue to organize seminars addressing a broad range of themes to meet client needs.
Topics included
- Domestic and overseas investment environment
- Equities, bonds, and investment trusts
- Fund wrap
- Inheritance/gift and will