Tuesday, February 26, 2013

DJ: Mizuho Aims To Generate Y550bn Net Profit In FY15

TOKYO--Mizuho Financial Group Inc. (8411) said Tuesday that it aims to bring its group net profit to the "550 billion yen level" ($6 billion) in the fiscal year ending March 2016, partly through efforts to cut back costs on a global basis.

The targeted figure compares with a projected net profit of Y500 billion for the current business year ending March.

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