Tag - mizuho

 
Menu
Search
 
July 16, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

MIZUHO

BUSINESS / JAPANESE PERSPECTIVES
Dec 7, 2013
Who is responsible for a corporate scandal?
Recent scandals involving Japanese businesses have included bank loans to the underworld and misrepresentations of restaurant menus at leading hotels, and many of the media reports have focused on how management takes responsibility for the mess. I would like to highlight three points that need to be...
Japan Times
BUSINESS / Companies
Nov 21, 2013
Mizuho chief tells Diet bank will clean up act
Mizuho Bank President Yasuhiro Sato said Thursday at the Diet that the lender will call on more outside experts to improve its legal compliance since its established practice of lending to gangsters came to light.
Japan Times
BUSINESS / Companies
Nov 15, 2013
Mitsubishi UFJ, Mizuho bump up profit goals
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. raised their full-year profit goals after the economic revival spurred lending and an equity rally boosted fees and the value of their shareholdings.
Japan Times
BUSINESS
Nov 14, 2013
Mizuho group raises profit forecast by 20%
Mizuho Financial Group Inc. raised its full-year profit forecast 20 percent as the stock market rally spurred fee income and the value of its share-holdings.
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
JAPAN / Crime & Legal
Nov 8, 2013
Mizuho shareholders file complaint over yakuza loans
Two shareholders of Mizuho Financial Group Inc. have filed a criminal complaint with investigative authorities against Mizuho Bank, claiming it intentionally made a false report to the Financial Services Agency in connection with loans to yakuza, their lawyers said.
Japan Times
BUSINESS / Companies
Oct 31, 2013
Regional banks shun Mizuho over scandal
At least seven of the nation's 14 regional banks tied up with Mizuho Financial Group Inc.'s credit company, Orient Corp., will stop doing business with it due to the scandal over Orient's loans to the underworld, according to bank officials.
EDITORIALS
Oct 30, 2013
Mizuho's grave governance problem
A third-party panel of lawyers has effectively labeled Mizuho Bank's inaction on its loans to underworld customers as a failure of governance and the result of major system problems since 2011.
BUSINESS / Companies / ANALYSIS
Oct 29, 2013
Shady loans have long history; laws slow to catch up
Mizuho Bank's loans to yakuza and other shady individuals through its group credit company Orient Corp. may be just the tip of the iceberg as corporate Japan struggles to break off its long-held ties with organized crime.
Japan Times
JAPAN / Crime & Legal
Oct 28, 2013
Mizuho offers denials as heads roll over mob loans
Mizuho Bank announces it will punish 54 present and former executives for lending money to organized crime groups but denies it colluded with yakuza.
BUSINESS / Companies
Oct 25, 2013
Mizuho president to lose half-year pay over shady loans
Mizuho Bank President Yasuhiro Sato will be docked six months of salary over the bank's lending to people related to organized crime groups, company officials said Friday.
BUSINESS
Oct 20, 2013
Mizuho to up scrutiny to prevent mob loans
To ensure that no more loans are made to organized crime groups, Mizuho Bank is considering setting up a special organization and bringing in an outside board member to strengthen supervision, sources said Sunday.
BUSINESS / Companies
Oct 17, 2013
Mizuho reported to FSA about shady loans without sufficient probe
A former Mizuho Bank vice president in charge of compliance matters said Thursday the bank submitted to Japan's financial watchdog a false report on its lending to people related to underworld groups without interviewing him.
EDITORIALS
Oct 15, 2013
Get to the bottom of shady loans
The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
BUSINESS / Companies
Oct 12, 2013
Mizuho Bank faces more FSA penalties over yakuza loans
The Financial Services Agency will weigh additional penalties against Mizuho Bank after it explains later this month its failure to reveal executives' involvement in loans to underworld groups, officials of the watchdog said.
BUSINESS / Companies
Oct 9, 2013
Mizuho told to submit further report on loans to yakuza
The Financial Services Agency issues a fresh order to Mizuho Bank and its parent, Mizuho Financial Group Inc., to report on the bank's lending to the mob, after Mizuho's previous account of the matter turned out to be incorrect.
BUSINESS / Companies
Oct 5, 2013
Mizuho set to punish president, chairman over loans to mobsters
Mizuho Bank is expected to take punitive steps against its president and chairman for mishandling a scandal over loans extended to underworld groups.
JAPAN / Media / DARK SIDE OF THE RISING SUN
Oct 5, 2013
Has business blackballed the yakuza? Don't bank on it
The Financial Services Agency (FSA) publicly spanked Mizuho Bank last month by slapping it with a "business improvement order" for letting Japan's organized crime groups use its facilities. At least $2 million in illegal transactions were cited.
Japan Times
BUSINESS / Companies
Oct 5, 2013
Mizuho admits four execs knew of yakuza loans
Mizuho Bank has admitted that at least four of its executives, including two former deputy presidents, knew that it was lending money to underworld and other "antisocial" groups and that it neither stopped nor sought to hold management responsible.
Japan Times
JAPAN / Politics
Jul 25, 2013
SDP's Fukushima resigns over dual election losses
Mizuho Fukushima, head of the Social Democratic Party for nearly a decade, resigned Thursday to take responsibility for the party's losses in Sunday's Upper House election and the Lower House election in December.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

SUSTAINABLE JAPAN

Omron helping firms achieve carbon neutrality
Omron helping firms achieve carbon neutrality

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER