Mizuho Securities presence
As a member of the Mizuho group, Mizuho Securities has adopted the group's Corporate Philosophy. The "Purpose" of this Philosophy states that we will "proactively innovate together with our clients for a prosperous and sustainable future" as symbolized by our tagline "Innovating today. Transforming tomorrow." Our Philosophy also states that to realize this Purpose we shall demonstrate values and behaviors that enable us to think from the client's perspective and act with sincerity and integrity.
All of us at Mizuho share these values and behaviors. Each group company, including Mizuho Securities, is comprised of experts possessing extensive knowledge of our wide ranging financial services. We are committed to fulfilling our fiduciary duty by accurately responding to your diverse needs while providing solutions of the highest caliber.
Retail
Asset inflows
AUM
Wholesale
Bond Underwriting
Total Domestic Bonds from Public Offerings (Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 3,849.5 | 21.5 |
| 2 | Nomura Securities | 3,792.8 | 21.2 |
| 3 | Daiwa Securities | 3,359.8 | 18.8 |
| 4 | SMBC Nikko Securities | 2,961.6 | 16.6 |
| 5 | Mitsubishi UFJ Morgan Stanley Securities | 2,566.8 | 14.4 |
Based on underwriting amount and pricing date basis. Includes samurai bonds, municipal bonds (underwriting only), preferred and securities but excludes treasury bonds and securitization and ST.
Source: Prepared by Mizuho Securities based on data from Capital Eye
SDGs Bonds
Japan SDGs Bonds (Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Mizuho Securities | 1,201.5 | 23.0 |
| 2 | Nomura Securities | 1,176.7 | 22.6 |
| 3 | Daiwa Securities | 1,071.7 | 20.6 |
| 4 | Mitsubishi UFJ Morgan Stanley Securities | 794.6 | 15.2 |
| 5 | SMBC Nikko Securities | 789.9 | 15.2 |
Based on underwriting amount and pricing date basis. Excluding own debt and securitization and ST.
Source: Prepared by Mizuho Securities based on data from Capital Eye
Subordinated bonds
Subordinated bonds(Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Daiwa Securities | 108.8 | 33.8 |
| 2 | Nomura Securities | 672 | 20.9 |
| 3 | Mizuho Securities | 580 | 18.0 |
| 4 | SBI Securities | 265 | 8.2 |
| 5 | Okasan Securities | 220 | 6.8 |
Based on underwriting amount and pricing date basis. Excluding own debt and securitization.
Source: Prepared by Mizuho Securities based on data from Capital Eye
IG USD-denominated Corporate Bonds (Americas)
IG USD-denominated Corporate Bonds (Americas) (Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | Amount (USD mn) | Share(％) |
| 1 | BofA Securities | 60,272 | 11.0 |
| 2 | JPMorgan | 55,642 | 10.2 |
| 3 | Citi | 44,239 | 8.1 |
| 4 | Morgan Stanley | 34,873 | 6.4 |
| 5 | Wells Fargo Securities | 33,310 | 6.1 |
| 6 | Mizuho Financial Group | 31,894 | 5.8 |
Bookrunner basis, bonds issued by investment grade corporations in the Americas (issue amount USD 250M or more)
Source: Prepared by Mizuho Securities based on Dealogic data
Equity Underwriting
Total Domestic and Cross–border Equities (Apr. 1, 2023– Mar. 31, 2024)
| Rank | Company Name | Amount (JPY bn) | Share(％) |
| 1 | Nomura Holdings | 1,293.7 | 26.6 |
| 2 | Daiwa Securities Group Inc. | 896.0 | 18.4 |
| 3 | Morgan Stanley | 597.2 | 12.3 |
| 4 | Mizuho Financial Group | 555.9 | 11.4 |
| 5 | Goldman Sachs | 546.2 | 11.2 |
Based on bookrunner and pricing date basis.
Deals including initial public offerings, public offerings, convertible bonds and REITs.
Source: Prepared by Mizuho Securities based on data from LSEG
M&A Advisory
M&A Advisory for Announced Deals (Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Mitsubishi UFJ Morgan Stanley Securities | 58 | 7,387.0 |
| 2 | Nomura Securities | 101 | 6,442.2 |
| 3 | BofA Securities | 32 | 4,613.9 |
| 4 | Goldman Sachs | 23 | 3,883.5 |
| 5 | JP Morgan | 13 | 3,607.7 |
| 6 | Sumitomo Mitsui Financial Group | 113 | 3,490.0 |
| 7 | Mizuho Financial Group | 111 | 3,182.5 |
Based on deal amounts. Any Japanese related deals (excluding real estate deals).
Source: Prepared by Mizuho Securities based on data from LSEG
Structured Finance
ABS Lead Manager (Apr. 1, 2023 – Mar. 31, 2024)
| Rank | Company Name | No. of deals | Amount (JPY bn) |
| 1 | Mizuho Financial Group | 149 | 1,105.3 |
| 2 | Mitsubishi UFJ Financial Group | 32 | 575.5 |
| 3 | Sumitomo Mitsui Trust Holdings | 37 | 367.1 |
| 4 | Morgan Stanley | 11 | 185.3 |
| 5 | Daiwa Securities Group Inc. | 9 | 182.6 |
Based on deal amounts and settlement dates
Source: Prepared by Mizuho Securities based on data from LSEG
IPO Lead Manager
Based on Capital Eye data. Bookrunner base.REITs and global offerings excluded.