INTERVIEW: Mizuho Trust Ties with Nasdaq to Attract Global Investors

Tokyo, April 7 (Jiji Press)–Mizuho Trust & Banking Co. will partner with Nasdaq Inc., starting this fiscal year, to support Japanese firms’ investor relations to attract overseas capital, President and CEO Kenichi Sasada said in a recent interview. “Companies need dialogue” with overseas investors to spur investment for growth, Sasada said. The Japanese trust bank will leverage the U.S. exchange operator’s international network and database to ask global investors about the problems of client companies to help them build relations of trust. Sasada became chairman of the Trust Companies Association of Japan, an industry group, on Thursday. He aims to have the Japanese trust banking industry work collectively to help enhance the corporate value of domestic firms. Mizuho Trust will also expand advisory services for family-owned businesses, its core strength. “Supporting smooth succession and inheritance to carry businesses forward strengthens national power,” he said. The trust bank will establish a family business support desk this fiscal year, drawing on group-wide resources, including from banking and securities units. The desk will provide comprehensive support in areas including asset management and succession planning to boost related revenue by 2.5-fold from the previous year. For individual investors, Mizuho Trust plans to use communication app Line, starting with a general meeting in June, to provide updates on IR. Starting in fiscal 2027, the app will guide them to online voting platforms. END [Copyright The Jiji Press, Ltd.]