Our History

Mizuho traces its roots to three of Japan’s oldest banks—Dai–Ichi Bank (Dai–Ichi Kangyo Bank), Yasuda Bank (Fuji Bank), and the Industrial Bank of Japan. Beginning as far back as 1873, these financial institutions helped build and rebuild Japan during the early modern and post–World War II eras, and laid the foundations for Japan’s financial leadership in the 21st century. We also inherit the spirit of the leaders of these banks—three key Japanese bankers who played a pivotal role in the development of the Japanese financial industry: Eiichi Shibusawa, Zenjiro Yasuda, and Sohei Nakayama. These men advocated a pioneering and socially responsible approach to financial services that continues to make Mizuho one of the world’s top financial institutions today.

Eiichi Shibusawa

Eiichi Shibusawa

Courtesy of the Shibusawa Eiichi Memorial Foundation

Zenjiro Yasuda

Zenjiro Yasuda

Courtesy of the National Diet Library

Sohei Nakayama

Sohei Nakayama

Courtesy of KYODO NEWS

In 2002, Dai–Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan merged to form the Mizuho Financial Group. Since then, Mizuho has developed an extensive network in Asia and the rest of the world through a consistent commitment to our values: customer–first, innovative spirit, team spirit, speed, and passion.


As a full–service financial institution, we provide five core services—banking, securities, trust, asset management, and research & consulting—in an integrated manner to create greater value for our customers. In Japanese, mizuho means “a bountiful harvest of rice”, and our name expresses our continuing commitment to offer highly valuable financial products and services to all of our customers, all over the world.


Key Dates in Mizuho’s History

1999 Dai–Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan agree to merge and establish Mizuho Financial Group

Mizuho Holdings, Inc. is established

Mizuho Securities Co., Ltd. is established

Mizuho Trust & Banking Co., Ltd. is established

2002 Dai–Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan are consolidated and reorganized into Mizuho Bank, Ltd. and Mizuho Corporate Bank, Ltd.
2003 Mizuho Financial Group, Inc. is established
2006 Mizuho Financial Group, Inc. is listed on the New York Stock Exchange
2013 Mizuho Bank, Ltd. and Mizuho Corporate Bank, Ltd. are merged to become a new Mizuho Bank, Ltd.

Mizuho Americas LLC is established as a bank holding company in the United States

Asset Management One is established, consolidating group asset management services

2017 Mizuho Bank (USA) and Mizuho Trust & Banking Co. (USA) are merged and become Mizuho Bank (USA) LLC in order to further integrate banking, trust, and securities services in the United States
2018 JTC Holdings, Ltd. is established through the joint share transfer of Japan Trustee Services Bank, Ltd. (JTSB) and Trust & Custody Services Bank, Ltd. (TCSB), as an equity–method affiliate of Mizuho Financial Group
2019 IBJ Leasing Company, Ltd. becomes an equity–method affiliate of Mizuho Financial Group, Inc. and Mizuho Bank, Ltd., and is subsequently renamed Mizuho Leasing Company, Ltd.
2020 JTC Holdings, Ltd., JTSB, and TCSB are merged and become Custody Bank of Japan, Ltd.



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