Today, NYSE Group, Inc. (NYSE: NYX) welcomed its 19th Japanese listed company when Mizuho Financial Group, one of the largest financial institutions in the world, joined the world’s leading and largest equities market. Mizuho Financial Group, Inc. (NYSE: MFG ) is the third-largest NYSE-listed Japanese company by market cap with a total global market capitalization of $92 billion.
“The listing of Mizuho’s ADRs on the NYSE is clear evidence of a new era for Mizuho Financial Group and its return to the world stage,” said Mizuho Financial Group CEO Terunobu Maeda. “It is also a symbol of the revival of the Japanese banking industry, following the long and difficult period of consolidation and reform. Through the listing, Mizuho aims to further strengthen its internal controls in line with Sarbanes-Oxley compliance requirements and to improve corporate disclosure. Mizuho also hopes to diversify its global investor base as it gains and strengthens investor confidence.”
“We welcome Mizuho Financial Group, Inc. to our family of listed companies,” said NYSE Group, Inc. CEO John A. Thain. “It is fitting for Mizuho Financial Group, one of the largest financial institutions in the world, to take its place among the world’s leading companies. We look forward to providing the company and its shareholders with the highest levels of market quality and services.”
