"Mizuho" announced on 13th The interim settlement of the entire group from April to September was due to the fact that the profit from loans did not increase due to the prolonged low interest rate, The profit has decreased by 11% more than the same period of last year to 316.6 billion yen.

In response to this, "Mizuho" announced structural reform, and for employees who have 79,000 in the entire group, 19,000 people, one quarter of the total, will be raised until fiscal 2026 .

Also, since customers are decreasing, about 100 stores out of about 500 shops nationwide are being reduced by 2024, while consultation work of asset management etc. whose needs are rising etc. We will strengthen.

Mizuho's president Yasuhiro Sato said at a press conference, "We are taking a serious sense of crisis that traditional banking services such as settlement and remittance will be deprived of new participants such as IT companies. It is important for sustainable growth to put a drastic scalpel on the body. "

In the major financial group, "Mitsubishi UFJ Financial Group" is a bank affiliated with Bank of Japan, which will reduce the administrative work equivalent to 9,500 people over the next seven years, while "Sumitomo Mitsui Financial Group" We are working on reducing the administrative work for 4,000 people, and as the business environment gets more severe, the major financial groups are stepping up to make large-scale efficiency more.