Dissolution of Subsidiary
February 20 2003 - 5:44AM
UK Regulatory
RNS Number:7383H
Mizuho Holdings Inc
20 February 2003
February 20, 2003
Company Name : Mizuho Holdings, Inc.
Representative : Terunobu Maeda
Head Office : 6-1 Marunouchi 1-chome,
Chiyoda-ku, Tokyo,
Japan
Code Number : 8305
Dissolution of Subsidiary
Mizuho Holdings, Inc. has announced that its wholly-owned subsidiary, Mizuho
Corporate Bank, Ltd. ("MHCB"), has decided to dissolve IBJ Data Service
Incorporated, a subsidiary of MHCB, as follows.
1. The Subsidiary to be Dissolved
Corporate Name : IBJ Data Service Incorporated
Location : 2-8 Kanda-Ogawa-Cho 2-chome, Chiyoda-ku, Tokyo, Japan
Representative : Mutsumi Watanabe
2. Reason for Dissolution
The company will go into dissolution as part of rationalization of
Mizuho Financial Group.
3. Outline of the Subsidiary
Business : Research
Date of Establishment : March 1971
Capital Stock : JPY 10 million
Number of Stock Issued : 20 thousand Stocks
Total Assets (February 2002) : JPY 40 million
Number of Employees (January 2003)10
Shareholders MHCB 5%
Seiwa Building Co., Ltd. 30%
Japan Management Systems Inc. 20%
The Kyoritsu Co., Ltd. 45%
Performance : Ordinary Profit JPY 9 million
(Fiscal Year Ended in February 2002) Net Profit JPY 6 million
4. Scheduled Date of Dissolution : By September 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 81-3-5224-2026
Mizuho Corporate Bank, Ltd. Corporate Planning 81-3-5252-6574
This information is provided by RNS
The company news service from the London Stock Exchange
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