Dissolution of Subsidiary
November 21 2002 - 3:40AM
UK Regulatory
RNS Number:0896E
Mizuho Holdings Inc
21 November 2002
November 21,2002
Company Name : Mizuho Holdings, Inc.
Representative ; Terunobu Maeda
Head Office ; 1-6, Marunouchi 1-chome,
Chiyoda-ku, Tokyo, Japan
Listing Code : 8305
Dissolution of Subsidiary
Mizuho Holdings, Inc. has announced that its wholly-owned subsidiary, Mizuho
Corporate Bank, Ltd. ("MHCB"), has decided to dissolve MHCB Data Services (USA),
Inc., as follows.
1. The Subsidiary to be Dissolved
Corporate Name : MHCB Data Services (USA), Inc.
Location : 95 Christopher Columbus Drive, Jersey City,New Jersey, U.S.A.
Representative : Shigeo Ochi
2. Reason for Dissolution
The companies will go into dissolution as part of rationalization of MHCB'S
operations in the Americas.
3. Outline of the Subsidiary
Business Systems Development and Administration
Date of Establishment June 1991
Common Stock USD 8 million
Number of Stock issued 8 stocks
Total Assets (December 2001) USD 16.3 million
Number of Employees (October 2002) 40
Shareholders 100% owned by MHCB
Performance Ordinary Profit USD 531 thousand
(Fiscal Year Ended in December 2001) Net Profit USD 184 thousand
4. Scheduled Date of Dissolution
By March 2003.
5. This decision will have no material effect on the profit and loss for this
fiscal year of Mizuho Holdings, Inc. (consolidated or non-consolidated).
Please direct any inquiries to:
Mizuho Holdings, Inc. Public Relations 03-5224-2026
Mizuho Corporate Bank, Ltd. Corporate Planning 03-5252-6574
This information is provided by RNS
The company news service from the London Stock Exchange
END
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