Mizuho Financial Group 6-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2008.
Commission File Number 001-33098
Mizuho Financial Group, Inc.
(Translation of registrants name into English)
5-1, Marunouchi 2-chome
Chiyoda-ku, Tokyo 100-8333
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨ No x
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82- .
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
December 26, 2008
To whom it may concern:
Announcement of Initiatives to Improve Profitability and Efficiency
We, Mizuho Investors Securities Co., Ltd., have always been guided by a firm commitment to growth and improving the quality of operations with the goal of becoming the securities company that customers trust the most. Unfortunately, the business environment has become even more challenging due to dramatic changes in market conditions that were far greater than we had thought possible.
We believe this highly uncertain business environment will continue for some time. Due to this outlook, we reached the decision that we must further reinforce our operating structure. This will require achieving two goals: make improvements involving both revenues and expenses; and raise operating efficiency. To accomplish these goals, we will take the following measures that are aimed at improving profitability and efficiency.
[Effects on results of operations]
We are determined to adapt swiftly to dramatic changes in operating environment and reinforce our operating framework by executing the above initiatives to improve profitability and efficiency. In addition, we will continue to focus on business promotion under our Business model to leverage bank branch network that is centered on our business collaboration with Mizuho Bank. By taking these measures, we intend to quickly establish a stable profit structure. We ask for your support and understanding as we take the measures that are needed to achieve our goals.