Provisional Translation

Q.

Mizuho Securities has been having problems with its IT systems. What’s your view on this?

A.

I think other financial institutions using a software produced by an American software company have been experiencing similar system glitches, but as for Mizuho Securities, they caused a system failure, thus they’ll need to properly investigate the causes and take some sort of action. Trading by users has been suspended, and it’s taking them a fairly long time to fix the problem, so I think they need to take solid steps to prevent a recurrence of system failure.