Sign in

    Akira Takai

    Chief Analyst and General Manager of Equity Research at Daiwa Securities

    Akira Takai is a Chief Analyst and General Manager of Equity Research at Daiwa Securities, specializing in the Japanese banking sector with recognized expertise as a Chartered Member of The Security Analysts Association of Japan. He covers major financial institutions, including stocks such as JP:8306, and has achieved a 100% success rate with an average return of 33% per recommendation, with notable individual returns up to 44.9%. Takai has held senior analyst positions at Daiwa Securities, driving market insights and earning recognition in the Nikkei Veritas Popular Analysts Survey for sector leadership. He holds advanced credentials in securities analysis and plays a pivotal role in Daiwa's equity research team.

    Akira Takai's questions to MIZUHO FINANCIAL GROUP (MFG) leadership

    Akira Takai's questions to MIZUHO FINANCIAL GROUP (MFG) leadership • Q2 2022

    Question

    Akira Takai from Daiwa Securities questioned the full-year forecast, seeking clarity on why credit-related costs and stock-related losses are projected to be similar in the second half as the first, and why main business profits are expected to decline.

    Answer

    CFO Makoto Umemiya clarified that the company is maintaining a cautious approach on credit costs due to ongoing uncertainty. He noted that second-half bear fund cancellations depend on market conditions. The anticipated drop in main business profit is primarily attributed to a conservative stance on the Markets Group's performance, where a decrease of roughly JPY 100 billion is expected due to market volatility and inflation concerns.

    Ask Fintool Equity Research AI