What Sets Us Apart
A leading presence in financial markets
Mizuho Securities has a retail network of 238 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 March 31, 2021.
Equity Analyst Ranking
Annual Rankings by Company
| 2017 | 2018 | 2019 | 2020 | 2021 | |
| Annual Survey on Most Popular Equity Analyst (Overall Company Ranking) of Nikkei Veritas | No.1 | No.2 | No.2 | No.2 | No.2 |
Survey on Most Popular Bond/Forex Analyst/Economist
Annual Score Rankings by Company
| 2017 | 2018 | 2019 | 2020 | 2021 | |
| Nikkei Veritas Annual Survey on Most Popular Bond/ Forex Analyst/Economist by company/group | No.1 | No.1 | No.2 | No.2 | No.2 |
Bond Underwriting
Domestic Bonds from Public Offerings
Total Domestic Bonds from Public Offerings(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 46,424 | 21.2 |
| 2 | SMBC Nikko Securities | 41,389 | 18.9 |
| 3 | Nomura Securities | 41,170 | 18.8 |
| 4 | Mitsubishi UFJ Morgan Stanley Securities | 38,721 | 17.7 |
| 5 | Daiwa Securities | 38,453 | 17.6 |
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 Refinitiv
SDG Bonds
Japan SDG Bonds(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 5,923 | 26.8 |
| 2 | Mitsubishi UFJ Morgan Stanley Securities | 4,151 | 18.8 |
| 3 | Nomura Securities | 4,137 | 18.7 |
| 4 | SMBC Nikko Securities | 4,014 | 18.1 |
| 5 | Daiwa Securities | 3,379 | 15.3 |
Source: Prepared by Mizuho Securities based on data from Refinitiv
Hybrid Bonds(corporate)
Japan Hybrid Bonds(corporate)(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 6,103 | 32.1 |
| 2 | Daiwa Securities | 3,241 | 17.0 |
| 3 | Mitsubishi UFJ Morgan Stanley Securities | 3,148 | 16.5 |
| 4 | Nomura Securities | 3,026 | 15.9 |
| 5 | SMBC Nikko Securities | 2,975 | 15.6 |
Source: Prepared by Mizuho Securities based on data from Refinitiv
Equity Underwriting
Total Domestic and Cross–border Equities(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Nomura Holdings | 10,142 | 22.6 |
| 2 | Mizuho Financial Group | 7,060 | 15.7 |
| 3 | Daiwa Securities Group Inc. | 6,591 | 14.7 |
| 4 | Sumitomo Mitsui Financial Group | 6,276 | 14.0 |
| 5 | Morgan Stanley | 4,093 | 9.1 |
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 Refinitiv
M&A Advisory
M&A Advisory for Announced Deals(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Sumitomo Mitsui Financial Group | 121 | 36,205 |
| 2 | Nomura Securities | 90 | 113,857 |
| 2 | Mizuho Financial Group | 90 | 8,850 |
| 4 | Deloitte | 88 | 60,831 |
| 5 | KPMG | 72 | 7,577 |
Based on number of deal amounts; any Japanese–related deals
Real estate deals excluded
Source: Prepared by Mizuho Securities based on data from Refinitiv
Structured Finance
ABS Lead Manager(Apr. 1, 2020 – Mar. 31, 2021)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Mizuho Financial Group | 156 | 13,296 |
| 2 | Sumitomo Mitsui Financial Group | 29 | 6,315 |
| 3 | Sumitomo Mitsui Trust Holdings | 35 | 4,665 |
| 4 | Morgan Stanley | 11 | 4,396 |
| 5 | Nomura Holdings | 12 | 4,176 |
Based on deal amounts and settlement dates
Source: Prepared by Mizuho Securities based on data from Refinitive as of Apr. 15, 2021 9:00am (prior to publication of fixed values)
IPO Lead Manager
*1 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.
Domestic Network
Drawing on our industryleading retail network of 238 offices across Japan, we have the capacity to deliver services finely tuned to client needs. (As of March 31, 2021)
