Mizuho Targets Foreign Student Boom With Japan Dormitory Fund

  • Bank to provide about 15% of fund’s $91 million in equity
  • Fund has approached about 50 universities to build housing
Photographer: The Asahi Shimbun via Getty Images
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Mizuho Financial Group Inc. is raising a fund to build dormitories to profit from the shortage of accommodation for the surging number of international students at Japan’s universities.