What Sets Us Apart
A leading presence in financial markets
Mizuho Securities has a retail network of 254 offices*1 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 advisory services which consistently receive outstanding evaluations from clients.
Our research arm, which employs a team of highly specialized analysts, strategists, and economists, maintains top rankings in some of the most prestigious financial periodicals for its equities, fixed income, and forex analysis and is highly regarded by institutional investors.
*1 As of June 30, 2020.
Equity Analyst Ranking
Mizuho Financial Group ranked 2nd in the 2020 Equity Analyst Rankings announced by Nikkei Veritas, with our analysts ranking 1st in 9 out of 32 categories—the most of any company in the industry.
Annual Rankings by Company
| 2016 | 2017 | 2018 | 2019 | 2020 | |
| 32nd Annual Survey on Most Popular Equity Analyst (Overall Company Ranking) of Nikkei Veritas | No.1 | No.1 | No.2 | No.2 | No.2 |
Survey on Most Popular Bond/Forex Analyst/Economist
Institutional Investor magazine reported, in the 2020 Nikkei Veritas Annual Survey on the Most Popular Bond/ Forex Analyst/Economist, that Mizuho Financial Group ranked 2nd by company and 1st in two out of five categories.
Annual Score Rankings by Company
| 2016 | 2017 | 2018 | 2019 | 2020 | |
| Nikkei Veritas 25th Annual Survey on Most Popular Bond/ Forex Analyst/Economist by company/group | No.2 | No.1 | No.1 | No.2 | No.2 |
Bond Underwriting
Mizuho Securities has earned a first-class reputation as an industry leader in bond underwriting operations backed by proven skills in proposing solutions inherently suited to market conditions and issuer needs, an ability to determine prices that accurately reflect investor demands, an incomparable responsiveness to market changes, and a strong track record in bond sales.
Total Domestic Bonds from Public Offerings(Apr. 1, 2019 – Mar. 31, 2020)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 41,632 | 20.3 |
| 2 | SMBC Nikko Securities | 40,039 | 19.5 |
| 3 | Nomura Securities | 37,465 | 18.2 |
| 4 | Daiwa Securities | 36,506 | 17.8 |
| 5 | Mitsubishi UFJ Morgan Stanley Securities | 35,513 | 17.3 |
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
Mizuho Securities has achieved sector-leading performance in equity underwriting operations, serving as a lead underwriter in a number of large finance deals thanks to superior underwriting knowhow and strong equity selling power both in Japan and overseas. We also provide extensive support to companies transitioning from private to public.
Total Domestic and Cross–border Equities(Apr. 1, 2019 – Mar. 31, 2020)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Sumitomo Mitsui Financial Group | 4,403 | 19.5 |
| 2 | Nomura Securities | 4,050 | 17.9 |
| 3 | Morgan Stanley | 3,530 | 15.6 |
| 4 | Mizuho Financial Group | 3,317 | 14.7 |
| 5 | Daiwa Securities Group Inc. | 3,269 | 14.5 |
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
Mizuho Securities has a top-class track record in M&A advisory business, underpinned by cutting-edge knowledge and expertise that enables us to offer clients advice in line with their management strategies. Our advisory services reach far beyond Japan's borders, to cross-border deals, which have experienced a substantial increase in recent years.
M&A Advisory for Announced Deals(Apr. 1, 2019 – Mar. 31, 2020)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Sumitomo Mitsui Financial Group | 178 | 21,365 |
| 2 | Mizuho Financial Group | 137 | 68,368 |
| 3 | Nomura Securities | 120 | 84,739 |
| 4 | Deloitte | 109 | 22,943 |
| 5 | KPMG | 103 | 12,315 |
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
Mizuho Securities has also achieved a strong track record and earned a first-class reputation in structured finance operations, particularly regarding the securitization of various financial assets such as monetary claims and real estate. Accordingly, we have lived up to our reputation as a front-runner in Japan’s securitization market.
ABS Lead Manager(Apr. 1, 2019 – Mar. 31, 2020)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Mizuho Financial Group | 153 | 14,626 |
| 2 | Sumitomo Mitsui Trust Holdings | 25 | 10,108 |
| 3 | Sumitomo Mitsui Financial Group | 34 | 7,598 |
| 4 | Mitsubishi UFJ Financial Group | 25 | 4,498 |
| 5 | Morgan Stanley | 13 | 4,345 |
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 FY19 we ranked No. 2 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 June 30, 2020.
Domestic Network
Drawing on our industryleading retail network of 254 offices across Japan, we have the capacity to deliver services finely tuned to client needs. (As of June 30, 2020)
