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Mizuho ready to deploy billions in capital aid to companies: CEO

Pandemic hasn't killed appetite for investment, Tatsufumi Sakai says

Mizuho Financial Group will support companies preparing for the post-coronavirus world, CEO Tatsufumi Sakai said. (Photo by Akikazu Ishii)

TOKYO -- As the coronavirus pandemic saps corporate finances, Mizuho Financial Group is prepared to provide billions of dollars to struggling businesses that need capital injections, the Japanese bank's CEO Tatsufumi Sakai told Nikkei.

Companies have so far focused mainly on raising working capital as shutdowns slash income. But longer-term goals remain on managers' minds, Sakai said in a recent interview.

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