Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mizuho’s Tsukamoto Apologizes to Shareholders for Glitch

June 21 (Bloomberg) -- Mizuho Financial Group Inc. Chief Executive Officer Takashi Tsukamoto apologized to shareholders for a computer systems failure at its retail banking unit that delayed transactions following a record earthquake in March.

He was speaking at the company’s annual shareholder meeting in Tokyo today. Shareholders will consider whether to approve the company’s proposal to replace Tsukamoto with Yasuhiro Sato, currently CEO of Mizuho Corporate Bank Ltd.

Mizuho, Japan’s third-biggest bank by market value, said on May 23 that it will combine some functions at its corporate, retail and trust units to improve operations after the malfunctions disrupted transactions worth more than $10 billion.

To contact the reporter on this story: Takako Taniguchi in Tokyo at

To contact the editor responsible for this story: Chitra Somayaji at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.