Rakuten credit card one of Mizuho's 'biggest weapons,' CEO says

Masahiro Kihara maps strategy to grow upon Mizuho Financial Group's record profit

20241230N Mizuho Kihara

Mizuho Financial Group CEO Masahiko Kihara expressed confidence in the megabank's growth strategy. (Photo by Akikazu Ishii)

YUKI SEKIGUCHI, Nikkei staff writer

TOKYO -- Japan's Mizuho Financial Group is on track to earn record net profit this fiscal year, and President and CEO Masahiro Kihara says the credit card business formed with Rakuten Group will serve as the engine for further growth in the consumer business.

Edited excerpts from the interview follow.

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