Mizuho Financial Group is thinking to make English an official language at the office. Companies such as Rakuten and Uniqlo have been implementing the English at the workplace policy for a number of years, with varying results.
Mizuho said that adopting English as the office language would help it unify its training and evaluation of employees who are in charge of overseas projects, according to a Nikkei Shimbun report. Regarding English lessons, Mizuho said one way would be to cooperate with universities in Japan to develop a training program in English.
However, the bank has given no timetable for when it might implement the policy. CEO Yasuhiro Saito said he is considering the idea "very positively," the Nikkei said.
Mizuho also said that it will actively promote its local employees in overseas branches to managerial positions. As the balance of loans receivable in Mizuho's overseas branches has doubled in the last three years, the bank wishes to keep talented foreign employees by providing them the same promotion opportunities as in Japan, the Nikkei reported.© Japan Today