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October 28, 2016

Mizuho Financial Group, Inc.

Mizuho Financial Group Receives Top Gold Rating on PRIDE Index Evaluation of LGBT Initiatives

We are delighted to announce that on October 26, 2016, Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato) received the top Gold rating on Work with Pride's PRIDE Index, in recognition of our LGBT*–related initiatives. Work with Pride (wwP) is a Japanese voluntary organization that supports the establishment of LGBT–related diversity management practices.

The PRIDE Index is Japan's first system for rating LGBT initiatives, and evaluates companies and organizations on five criteria: Policy ("action declaration"), Representation ("LGBTA network"), Inspiration ("raising awareness"), Development ("human resources management policy and programs"), and Engagement / Empowerment ("social responsibility and external activities"). The overall evaluation is then used to assign a rating on a three–tier scale: Gold, Silver, or Bronze. Mizuho scored highly on all five criteria.

At Mizuho, we are currently engaged in fundamentally reforming HR management, in an effort to ensure that every employee can participate and grow at Mizuho with a sense of fulfillment and pride in their work. One of the key strategies of this fundamental reform is the promotion of diversity and inclusion. Accordingly, in June 2016, we published our Diversity and Inclusion Statement, which includes our pledge to revise employee welfare and benefit systems with LGBT employees in mind, as well as set up an advice service and organize training for employees regarding LGBT–related issues.

Mizuho is fully committed to improving environments and changing mindsets in order to enable every employee to enjoy a long and fully productive career with us. This will in turn create new corporate value for Mizuho in the form of enhanced innovation and productivity, as we proactively make the most of a diverse range of viewpoints and ideas.

PRIDE Index Gold Rating

  • *LGBT stands for "Lesbian, Gay, Bisexual and Transgender" and refers here to individuals who identify as belonging to these and other minority sexual and gender communities.