Mizuho Will Expand Focus on M&A for Smaller Japanese Companies

Signage for Mizuho Bank, a unit of Mizuho Financial Group, in Tokyo.Photographer: Kentaro Takahashi/Bloomberg
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Mizuho Financial Group Inc. will expand its mergers and acquisitions business for small and medium-sized Japanese companies that have traditionally been under served.

Mizuho Bank and Mizuho Securities will invest in Japan Blue M&A Advisory (JBMA), which was established by Nippon Management Systems to focus on the sector, according to people familiar with the situation.