Mizuho Securities Co., Ltd. (みずほ証券株式会社) is a Japanese investment banking and securities firm. It is a wholly owned subsidiary of Mizuho Financial Group.
History
The current Mizuho Securities is established by a merger between Shinko Securities and the former Mizuho Securities. The former Shinko Securities (a former equity-method affiliate of Mizuho Financial Group) and the former Mizuho Securities (a former consolidated subsidiary of Mizuho Financial Group) merged on 7 May 2009 after it was postponed due to the 2008 financial crisis.[1] The surviving entity was the former Shinko Securities, which changed its name to Mizuho Securities upon the merger. After the merger, Mizuho Financial Group holds 59.51% equity ownership of the new Mizuho Securities.[2] In 2004, the Polaris Capital Group was divested, focusing on private equity investment.[3]