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Mizuho to Shift 5,000 Clerical Roles to AI Over the Next Decade

The bank says affected employees will be reassigned rather than laid off.

Overview

  • Mizuho Bank will roll out AI at administrative centers for account-document checks, remittance processing, and customer data registration.
  • The group plans up to ¥100 billion in spending during fiscal 2026–28 to develop and deploy these systems, including customer-facing AI assistants for asset management.
  • Affected clerical staff will move into branch sales, corporate-client analysis, and operational support with reskilling to support the transitions.
  • New tools aim to automate manual searches and cut credit-approval drafting from one to two hours to about ten minutes.
  • Mizuho shares rose modestly after the plans were reported as executives framed the initiative as productivity-focused augmentation of human work.