Mizuho Slashes Profit Forecast by 86%

The video discusses a financial announcement involving 500 billion yen in writedowns related to fixed assets and retail business, and 180 billion yen in securities rebalancing due to foreign bond losses. The CEO aims to reduce negative carry, highlighting risks faced by Japanese banks due to negative interest rates and overseas investments. The Bank of Japan's actions have increased exposure to market volatility.

What is the primary reason for the company's 500 billion yen writedown?

• Increase in branch numbers

• Acquisition of new assets

• Issues with software and information systems

• Expansion of retail business

What is the main cause of the 180 billion yen loss in the company's securities portfolio?

• Domestic bond investments

• Real estate devaluation

• Foreign bond losses

• Stock market crash

What strategy is the company employing to address the negative carry in its bond portfolio?

• Enhancing software systems

• Reducing foreign bond exposure

• Closing more branches

• Increasing domestic investments

What financial risk is highlighted for Japanese banks due to the Bank of Japan's policies?

• Exposure to foreign bond volatility

• Decreased customer deposits

• Higher interest rates

• Increased domestic competition

How have Japanese banks responded to the Bank of Japan's purchase of JGBs?

• By reducing foreign investments

• By increasing overseas bond purchases

• By focusing on domestic loans

• By cutting operational costs