On the 22nd, the Financial Services Agency issued a business improvement order to Mizuho Financial Group and others, which had a series of system failures. It is necessary, "he said, and expressed his intention to strengthen supervision for future system repair work on the Mizuho side.

The Financial Services Agency issued a business improvement order to Mizuho Financial Group and Mizuho Bank on the 22nd, taking seriously the situation of a series of system failures at Mizuho Bank since entering this year.



Based on the fact that some obstacles occurred during the system repair work, Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting on the 24th, "Mizuho Bank will repair the system necessary for business continuity, etc." It is expected that this will be implemented, but it is necessary to prevent this from causing new system failures. "He said that he would strengthen supervision for future system repair work on the Mizuho side.



On that basis, he said that he would "firmly verify the governance aspect" of the ongoing inspection by the Financial Services Agency, and expressed his intention to proceed with the verification of management issues of system troubles.