Mizuho Slashes Profit Forecast by 86%

The video discusses a financial announcement involving 500 billion yen in writedowns related to fixed assets and retail business, and 180 billion yen in securities rebalancing due to foreign bond losses. The CEO aims to reduce negative carry, highlighting risks faced by Japanese banks due to negative interest rates and overseas investments. The Bank of Japan's actions have increased exposure to market volatility.

What significant financial action was mentioned regarding the company's fixed assets?

How much is the company closing in terms of its branches over the next decade?

What was the CEO's statement regarding the bond portfolio?

What does the term 'negative carry' refer to in the context of the bond portfolio?

What challenges have Japanese banks been facing according to the text?