2010 Graduate Hiring Plan

Financial institutions and manufacturering companies are seriously affected by the current economic turmoil and they are reducing FY 2010 graduate recruitment drastically.

Mizuho Financial Group plans to reduce its recruitment of new graduates for FY 2010 to 1370, which is 380 less than their earlier plan. Nomura Securities plans to hire about 500, down 23% from FY 2009. Daiwa Securities will hire 400, down 52%. Sony will hire 280 graduates next year, cutting about half from this year. Sanyo Electric Co. is hiring 50 engineers only. NEC will hire 100 graduates, down 90%. Toshiba will slash their recruitment by 40% to only 1500 hires. Panasonic, hiring 500, is one of the few exceptions in hiring the same number as last year.