Mizuho Financial Group Inc 6-K, filed May 15, 2026

Mizuho Financial Group Inc (MFG)

6-K 2026-05-15 For: 2026-05-15

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Added on July 08, 2026

About this 6-K

Mizuho Financial Group Inc filed this 6-K on May 15, 2026.

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Date: May 15, 2026

Mizuho Financial Group, Inc.

By:		/s/ Makoto Samejima
Name:		Makoto Samejima
Title:		Senior Managing Corporate Executive / Group CFO


Stock Code Number (Japan):	8411
Stock Exchange Listings:	Tokyo Stock Exchange (Prime Market), New York Stock Exchange
URL:	https://www.mizuhogroup.com
Representative:	Masahiro Kihara	President & Group CEO
For Inquiry:	Hikaru Osuga	General Manager of Accounting	Phone: +81-3-6838-6101


Ordinary General Meeting of Shareholders (scheduled) :	June 26, 2026	Commencement of Dividend Payment (scheduled): June 8, 2026
Filing of Yuka Shoken Hokokusho to the Kanto Local Finance Bureau (scheduled):	June 19, 2026	Trading Accounts: Established
Supplementary Materials on Annual Results:	Attached
IR Conference on Annual Results:	Scheduled

Amounts less than one million yen are rounded down.


	Earnings per Share of Common Stock		Diluted Earnings per Share of Common Stock		Earnings on Own Capital		Ordinary Profits to Total Assets		Ordinary Profits to Ordinary Income
	¥		¥		%		%		%
Fiscal 2025		502.92		502.92		11.4		0.5		17.3
Fiscal 2024		350.20		350.20		8.5		0.4		12.9


	Total Assets		Total Net Assets		Own Capital Ratio		Total Net Assets per Share of Common Stock
	¥ million		¥ million		%		¥
Fiscal 2025		302,240,042		11,403,890		3.7		4,640.23
Fiscal 2024		283,320,404		10,523,753		3.6		4,161.03


Company Name:		Mizuho Financial Group, Inc. (“MHFG”)		May 15, 2026


Note:		Own Capital Ratio is calculated as follows: (Total Net Assets - Stock Acquisition Rights - Non-controlling Interests) / Total Assets × 100
		Own Capital Ratio stated above is not calculated based on the public notice of Own Capital Ratio.


	Cash Flows from Operating Activities			Cash Flows from Investing Activities			Cash Flows from Financing Activities			Cash and Cash Equivalents at the end of the fiscal year
	¥ million			¥ million			¥ million			¥ million
Fiscal 2025		(4,838,533	)		(6,668,376	)		(523,153	)		59,677,580
Fiscal 2024		(3,820,800	)		3,793,092			(299,030	)		70,723,361


	Annual Cash Dividends per Share										Total Cash Dividends (Total)		Dividends Pay-out Ratio (Consolidated basis)		Dividends on Net Assets (Consolidated basis)
	First quarter-end		Second quarter-end		Third quarter-end		Fiscal year-end		Annual		Total Cash Dividends (Total)		Dividends Pay-out Ratio (Consolidated basis)		Dividends on Net Assets (Consolidated basis)
	¥		¥		¥		¥		¥		¥ million		%		%
Fiscal 2024		—		65.00		—		75.00		140.00		353,456		39.9		3.4
Fiscal 2025		—		72.50		—		72.50		145.00		357,484		28.8		3.2
Fiscal 2026 (estimate)		—		75.00		—		75.00		150.00				28.1


(%: Changes from the corresponding period of the previous fiscal year)
	Profit Attributable to Owners of Parent				Earnings per Share of Common Stock
	¥million		%		¥
1H F2026		—		—		—
Fiscal 2026		1,300,000		4.1		533.10



Note:		The number of shares of common stock used in the above calculation is based on the number of outstanding shares of common stock (excluding treasury stock and others) as of March 31, 2026.


1.	Overview of Consolidated Results of Operations and Financial Condition	p.1-2
	(1) Overview of Results of Operations	p.1-2
	(2) Overview of Financial Condition	p.1-2
	(3) Basic Policy on Profit Distribution, Dividend Payment for Fiscal 2025 and Dividend Estimates for Fiscal 2026	p.1-2

2.	Basic Stance on Selection of Accounting Standards	p.1-4

3.	Consolidated Financial Statements and Notes	p.1-5
	(1) Consolidated Balance Sheets	p.1-5
	(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income	p.1-7
	(3) Consolidated Statements of Changes in Net Assets	p.1-10
	(4) Consolidated Statements of Cash Flows	p.1-12
	(5) Notes regarding Consolidated Financial Statements	p.1-14
	(Matters Related to the Assumption of Going Concern)
	(Business Segment Information)
	(Per Share Information)
	(Subsequent Events)


Year-end cash dividends on Common Stock		¥72.5 per share
Annual cash dividends incl. interim dividends		¥145.0 per share


	*(Millions of yen)*
	As of March 31, 2025			As of March 31, 2026
Assets
Cash and Due from Banks	¥	72,483,086		¥	61,567,751
Call Loans and Bills Bought		688,473			904,328
Receivables under Resale Agreements		28,107,374			30,571,427
Guarantee Deposits Paid under Securities Borrowing Transactions		2,078,999			1,771,938
Monetary Claims Bought		3,932,427			4,162,850
Trading Assets		22,240,796			30,477,937
Money Held in Trust		632,025			622,709
Securities		34,307,574			42,632,517
Loans and Bills Discounted		94,108,757			99,753,193
Foreign Exchanges		2,237,879			2,754,033
Derivatives other than for Trading Assets		3,497,747			6,187,816
Other Assets		7,008,874			7,202,972
Tangible Fixed Assets		1,122,592			1,137,346
Buildings		332,093			359,021
Land		570,345			560,025
Lease Assets		20,968			18,244
Construction in Progress		61,297			43,727
Other Tangible Fixed Assets		137,887			156,327
Intangible Fixed Assets		808,897			882,257
Software		453,171			518,250
Goodwill		108,029			140,127
Lease Assets		11,419			10,217
Other Intangible Fixed Assets		236,277			213,662
Net Defined Benefit Asset		758,783			776,413
Deferred Tax Assets		237,630			238,473
Customers’ Liabilities for Acceptances and Guarantees		9,824,242			11,233,375
Allowance for Loan Losses		(755,751	)		(637,302	)
Allowance for Investment Losses		(5	)		—

Total Assets	¥	283,320,404		¥	302,240,042


	*(Millions of yen)*
	For the fiscal year ended March 31, 2025		For the fiscal year ended March 31, 2026
Ordinary Income	¥	9,030,374	¥	9,085,438
Interest Income		6,000,202		5,851,595
Interest on Loans and Bills Discounted		2,739,320		2,785,659
Interest and Dividends on Securities		861,082		929,657
Interest on Call Loans and Bills Bought		20,981		18,125
Interest on Receivables under Resale Agreements		801,353		788,222
Interest on Securities Borrowing Transactions		53,453		46,643
Interest on Due from Banks		951,617		887,638
Other Interest Income		572,394		395,649
Trust Fees		62,288		67,001
Fee and Commission Income		1,115,433		1,311,948
Trading Income		1,047,459		898,858
Other Operating Income		394,573		430,498
Other Ordinary Income		410,417		525,536
Recovery of Written-off Claims		10,698		6,265
Other		399,718		519,270
Ordinary Expenses		7,862,233		7,512,278
Interest Expenses		4,954,945		4,474,506
Interest on Deposits		1,690,300		1,677,004
Interest on Negotiable Certificates of Deposit		494,833		494,445
Interest on Call Money and Bills Sold		16,426		24,972
Interest on Payables under Repurchase Agreements		1,843,925		1,381,046
Interest on Securities Lending Transactions		39,037		37,451
Interest on Commercial Paper		65,808		96,394
Interest on Borrowed Money		60,493		55,561
Interest on Short-term Bonds		2,299		6,905
Interest on Bonds and Notes		404,367		443,047
Other Interest Expenses		337,452		257,676
Fee and Commission Expenses		208,639		231,530
Trading Expenses		—		3,947
Other Operating Expenses		535,969		372,617
General and Administrative Expenses		1,840,702		2,103,458
Other Ordinary Expenses		321,975		326,218
Provision for Allowance for Loan Losses		36,164		105,597
Other		285,811		220,620

Ordinary Profits	¥	1,168,141	¥	1,573,159


	*(Millions of yen)*
	As of March 31, 2025			As of March 31, 2026
Liabilities
Deposits	¥	158,746,762		¥	165,937,062
Negotiable Certificates of Deposit		14,398,784			11,914,568
Call Money and Bills Sold		2,745,165			3,191,543
Payables under Repurchase Agreements		38,393,650			37,731,778
Guarantee Deposits Received under Securities Lending Transactions		1,604,389			1,968,469
Commercial Paper		2,138,133			1,921,799
Trading Liabilities		14,290,572			19,146,460
Borrowed Money		4,008,514			5,098,065
Foreign Exchanges		840,486			1,188,938
Short-term Bonds		724,118			524,540
Bonds and Notes		12,877,794			15,444,980
Due to Trust Accounts		950,946			687,707
Derivatives other than for Trading Liabilities		4,566,669			7,657,456
Other Liabilities		6,267,822			6,737,864
Reserve for Bonus Payments		224,246			259,620
Reserve for Variable Compensation		2,226			2,880
Net Defined Benefit Liability		68,259			72,664
Reserve for Director and Corporate Auditor Retirement Benefits		484			403
Reserve for Possible Losses on Sales of Loans		1,266			6,707
Reserve for Contingencies		22,542			15,789
Reserve for Reimbursement of Deposits		7,146			4,936
Reserve for Reimbursement of Debentures		19,965			6,850
Reserves under Special Laws		4,247			5,386
Deferred Tax Liabilities		21,155			31,222
Deferred Tax Liabilities for Revaluation Reserve for Land		47,059			45,074
Acceptances and Guarantees		9,824,242			11,233,375

Total Liabilities	¥	272,796,651		¥	290,836,151

Net Assets
Common Stock	¥	2,256,767		¥	2,256,767
Capital Surplus		1,129,730			1,129,730
Retained Earnings		6,046,578			6,831,168
Treasury Stock		(9,462	)		(311,529	)

Total Shareholders’ Equity		9,423,614			9,906,137


	*(Millions of yen)*
	For the fiscal year ended March 31, 2025			For the fiscal year ended March 31, 2026
Extraordinary Gains	¥	58,371		¥	93,838
Gains on Disposition of Fixed Assets		36,367			12,062
Gains on Cancellation of Employee Retirement Benefit Trust		12,396			69,762
Gains on Sales of Shares of Affiliates		—			8,849
Accumulation (Amortization) of Unrecognized Prior Service Cost		9,015			—
Other Extraordinary Gains		592			3,163
Extraordinary Losses		36,428			44,712
Losses on Disposition of Fixed Assets		12,692			18,601
Losses on Impairment of Fixed Assets		23,270			24,971
Other Extraordinary Losses		465			1,139

Profit before Income Taxes		1,190,084			1,622,285

Income Taxes:
Current		308,588			453,785
Refund of Income Taxes		(7,062	)		(20,383	)
Deferred		(108	)		(65,275	)

Total Income Taxes		301,416			368,127

Profit		888,667			1,254,157

Profit Attributable to Non-controlling Interests		3,234			5,525

Profit Attributable to Owners of Parent	¥	885,433		¥	1,248,632


	*(Millions of yen)*
	Shareholders’ Equity
	Common Stock		Capital Surplus			Retained Earnings			Treasury Stock			Total Shareholders’ Equity
Balance as of the beginning of the period		2,256,767		1,129,730			5,538,891			(9,402	)		8,915,987
Changes during the period
Cash Dividends							(304,603	)					(304,603	)
Profit Attributable to Owners of Parent							885,433						885,433
Repurchase of Treasury Stock										(102,921	)		(102,921	)
Disposition of Treasury Stock				2						2,861			2,864
Cancellation of Treasury Stock				(99,999	)					99,999			—
Transfer from Revaluation Reserve for Land							26,853						26,853
Transfer from Retained Earnings to Capital Surplus				99,996			(99,996	)					—
Net Changes in Items other than Shareholders’ Equity

Total Changes during the period		—		(0	)		507,686			(59	)		507,626

Balance as of the end of the period		2,256,767		1,129,730			6,046,578			(9,462	)		9,423,614


	Accumulated Other Comprehensive Income																				Stock Acquisition Rights		Non-Controlling Interests		Total Net Assets
	Net Unrealized Gains (Losses) on Other Securities			Deferred Gains (Losses) on Hedges			Revaluation Reserve for Land			Foreign Currency Translation Adjustments		Remeasurements of Defined Benefit Plans			Own Credit Risk Adjustments, Net of Tax			Total Accumulated Other Comprehensive Income			Stock Acquisition Rights		Non-Controlling Interests		Total Net Assets
Balance as of the beginning of the period		929,815			(298,280	)		126,879			344,250		214,337			(452	)		1,316,550			5		79,591		10,312,135
Changes during the period
Cash Dividends																										(304,603	)
Profit Attributable to Owners of Parent																										885,433
Repurchase of Treasury Stock																										(102,921	)
Disposition of Treasury Stock																										2,864
Cancellation of Treasury Stock																										—
Transfer from Revaluation Reserve for Land																										26,853
Transfer from Retained Earnings to Capital Surplus																										—
Net Changes in Items other than Shareholders’ Equity		(62,117	)		(166,924	)		(28,199	)		54,533		(94,683	)		(562	)		(297,954	)		—		1,944		(296,009	)

Total Changes during the period		(62,117	)		(166,924	)		(28,199	)		54,533		(94,683	)		(562	)		(297,954	)		—		1,944		211,617

Balance as of the end of the period		867,697			(465,204	)		98,680			398,783		119,654			(1,014	)		1,018,596			5		81,536		10,523,753


	*(Millions of yen)*
	For the fiscal year ended March 31, 2025			For the fiscal year ended March 31, 2026
Cash Flow from Operating Activities
Profit before Income Taxes	¥	1,190,084		¥	1,622,285
Depreciation		198,607			231,791
Losses on Impairment of Fixed Assets		23,270			24,971
Amortization of Goodwill		7,315			9,507
Equity in Loss (Gain) from Investments in Affiliates		(46,782	)		(52,266	)
Increase (Decrease) in Allowance for Loan Losses		(33,639	)		(128,544	)
Increase (Decrease) in Allowance for Investment Losses		0			(6	)
Increase (Decrease) in Reserve for Possible Losses on Sales of Loans		(7,379	)		5,440
Increase (Decrease) in Reserve for Contingencies		3,759			(7,868	)
Increase (Decrease) in Reserve for Bonus Payments		39,356			26,492
Increase (Decrease) in Reserve for Variable Compensation		(301	)		654
Decrease (Increase) in Net Defined Benefit Asset		(26,725	)		188,696
Increase (Decrease) in Net Defined Benefit Liability		477			4,138
Increase (Decrease) in Reserve for Director and Corporate Auditor Retirement Benefits		(57	)		(80	)
Increase (Decrease) in Reserve for Reimbursement of Deposits		(3,232	)		(2,209	)
Increase (Decrease) in Reserve for Reimbursement of Debentures		(5,159	)		(13,115	)
Interest Income—accrual basis		(6,000,202	)		(5,851,595	)
Interest Expenses—accrual basis		4,954,945			4,474,506
Losses (Gains) on Securities		2,393			(161,535	)
Losses (Gains) on Money Held in Trust		(739	)		(2,031	)
Foreign Exchange Losses (Gains)—net		160,885			(930,252	)
Losses (Gains) on Disposition of Fixed Assets		(23,674	)		6,538
Losses (Gains) on Revision of Retirement Benefit Plan		(9,015	)		—
Losses (Gains) on Cancellation of Employee Retirement Benefit Trust		(12,396	)		(69,762	)
Net Decrease (Increase) in Trading Assets		(897,685	)		(7,351,013	)
Net Increase (Decrease) in Trading Liabilities		449,391			4,334,858
Net Decrease (Increase) in Derivatives other than for Trading Assets		(901,858	)		(2,636,735	)
Net Increase (Decrease) in Derivatives other than for Trading Liabilities		757,438			3,044,316
Net Decrease (Increase) in Loans and Bills Discounted		(1,525,099	)		(2,940,996	)
Net Increase (Decrease) in Deposits		(975,924	)		4,667,281
Net Increase (Decrease) in Negotiable Certificates of Deposit		2,903,305			(3,513,290	)
Net Increase (Decrease) in Borrowed Money (excluding Subordinated Borrowed Money)		(1,446,750	)		1,105,527
Net Decrease (Increase) in Due from Banks (excluding Due from Central Banks)		15,123			(2,522	)
Net Decrease (Increase) in Call Loans, etc.		(6,833,612	)		(1,625,825	)
Net Decrease (Increase) in Guarantee Deposits Paid under Securities Borrowing Transactions		278,464			307,060
Net Increase (Decrease) in Call Money, etc.		1,735,093			(1,351,228	)
Net Increase (Decrease) in Commercial Paper		986,546			(365,043	)
Net Increase (Decrease) in Guarantee Deposits Received under Securities Lending Transactions		297,966			364,080
Net Decrease (Increase) in Foreign Exchanges (Assets)		2,059			(389,154	)
Net Increase (Decrease) in Foreign Exchanges (Liabilities)		(59,192	)		246,286
Net Increase (Decrease) in Short-term Bonds (Liabilities)		158,381			(199,577	)
Increase (Decrease) in Bonds and Notes		795,718			2,129,257
Net Increase (Decrease) in Due to Trust Accounts		(32,930	)		(263,238	)
Interest and Dividend Income—cash basis		5,907,980			5,714,521
Interest Expenses—cash basis		(5,043,512	)		(4,373,578	)
Other—net		(679,389	)		(797,853	)

Subtotal		(3,696,692	)		(4,521,113	)

Cash Refunded (Paid) in Income Taxes		(124,107	)		(317,420	)

Net Cash Provided by (Used in) Operating Activities		(3,820,800	)		(4,838,533	)


	*(Millions of yen)*
	MHFG (Consolidated)
	RBC		CIBC		GCIBC		GMC		AMC			Others (Note 2)
Gross Profits (excluding the amounts of credit costs of trust accounts) + Net Gains (Losses) related to ETFs and others		984,610		739,268		856,952		664,856		73,572			196,415	3,515,673
General and Administrative Expenses (excluding Non-Recurring Losses and others)		756,663		250,574		510,695		404,901		46,274			122,599	2,091,706
Equity in Income from Investments in Affiliates		11,712		11,920		26,817		—		(1,895	)		3,712	52,266
Amortization of Goodwill and others		2,144		824		5,339		—		5,725			1,051	15,083
Net Business Profits (excluding the amounts of credit costs of trust accounts, before reversal of (provision for) general allowance for loan losses) + Net Gains (Losses) related to ETFs and others		237,515		499,790		367,735		259,955		19,678			76,476	1,461,149
Fixed Assets		648,906		173,847		235,306		102,403		—			859,142	2,019,604


Notes: 1.		Gross Profits (excluding the amounts of credit costs of trust accounts) +Net Gains (Losses) related to ETFs and others is reported instead of sales reported by general corporations. Net Gains (Losses) related to ETFs and others amounted to ¥ 38,373 million, of which ¥ 30,852 million is included in the GMC.

2.		“Others” includes items which should be eliminated as internal transactions between each segment on a consolidated basis.

3.		“Others” in Fixed Assets includes assets of headquarters that have not been allocated to each segment, Fixed Assets pertaining to consolidated subsidiaries that are not subject to allocation, consolidated adjustments, and others.
		Among Fixed Assets that have not been allocated to each segment, some related expenses are allocated to each segment using a reasonable criteria of allocation.

4.		Income and expenses of foreign branches of MHBK and foreign subsidiaries with functional currencies other than Japanese Yen have been translated for purposes of segment reporting using the budgeted foreign currency rates.


	*(Millions of yen)*
	Amount
Gross Profits (excluding the amounts of credit costs of trust accounts) + Net Gains (Losses) related to ETFs and others		3,515,673
Net Gains (Losses) related to ETFs and others		(38,373	)
Other Ordinary Income		525,536
General and Administrative Expenses		(2,103,458	)
Other Ordinary Expenses		(326,218	)

Ordinary Profits recorded in Consolidated Statement of Income		1,573,159


	*(Millions of yen)*
	Amount
Net Business Profits (excluding the amounts of credit costs of trust accounts, before reversal of (provision for) general allowance for loan losses) + Net Gains (Losses) related to ETFs and others		1,461,149
General and Administrative Expenses (Non-Recurring Losses)		3,331
Expenses related to Portfolio Problems (including reversal of (provision for) general allowance for loan losses)		(142,198	)
Gains on Reversal of Allowance for Loan Losses, and others		9,126
Net Gains (Losses) related to Stocks—Net Gains (Losses) related to ETFs and others		286,802
Net Extraordinary Gains (Losses)		49,125
Others		(45,051	)

Profit before Income Taxes recorded in Consolidated Statement of Income		1,622,285


	Fiscal 2024		Fiscal 2025
Net Assets per Share of Common Stock	¥	4,161.03	¥	4,640.23
Earnings per Share of Common Stock	¥	350.20	¥	502.92
Diluted Earnings per Share of Common Stock	¥	350.20	¥	502.92


i.	Stock to be repurchased:	MHFG common stock

ii.	Aggregate shares to be repurchased:	Up to a maximum of 25,000,000 shares

		(1.0% of the number of issued shares excluding treasury stock as of March 31, 2026)

iii.	Aggregate amount of repurchase price:	Up to a maximum of ¥100,000,000,000

iv.	Repurchase period:	From May 18, 2026 to August 31, 2026

v.	Repurchase method:	Market purchase utilizing trust method


i.	Type of stock to be cancelled:	MHFG common stock

ii.	Number of shares to be cancelled:	All of the common stock repurchased as stated in item 2 above

iii.	Scheduled cancellation date:	September 24, 2026


Attachments	*Page*
Mizuho Bank, Ltd.
Comparison of Non-Consolidated Balance Sheets (selected items)		2-37
Comparison of Non-Consolidated Statements of Income (selected items)		2-38


				(%)
				Fiscal 2025				Fiscal 2024
Mizuho Bank						Change

Return on Interest-Earning Assets			1		0.96		0.34		0.62
Return on Loans and Bills Discounted ^*1			2		1.31		0.34		0.96
Return on Securities			3		1.22		0.44		0.77
Cost of Funding (including Expenses)			4		0.92		0.27		0.64
Cost of Deposits (including Expenses)			5		0.87		0.22		0.64
Cost of Deposits ^*2			6		0.21		0.14		0.06
Cost of Other External Liabilities			7		0.81		0.32		0.48

Net Interest Margin	(1	)-(4)	8		0.04		0.07		(0.02	)
Loan and Deposit Rate Margin (including Expenses)	(2	)-(5)	9		0.44		0.12		0.31
Loan and Deposit Rate Margin	(2	)-(6)	10		1.10		0.19		0.90

*1 Return on Loans and Bills Discounted excludes loans to financial institutions (including MHFG).
*2 Deposits include Negotiable Certificates of Deposit (“NCDs”).

(Reference) After excluding loans to the Japanese government and others
Return on Loans and Bills Discounted			11		1.33		0.33		0.99
Loan and Deposit Rate Margin (including Expenses)	(11	)-(5)	12		0.46		0.11		0.34
Loan and Deposit Rate Margin	(11	)-(6)	13		1.12		0.18		0.93

				(%)
				Fiscal 2025				Fiscal 2024
Mizuho Trust & Banking						Change

Return on Interest-Earning Assets			14		2.18		1.21		0.97
Return on Loans and Bills Discounted ^*1			15		1.07		0.27		0.79
Return on Securities			16		11.85		8.22		3.63
Cost of Funding			17		0.53		0.30		0.23
Cost of Deposits ^*2			18		0.27		0.17		0.09

Net Interest Margin	(14	)-(17)	19		1.64		0.91		0.73
Loan and Deposit Rate Margin	(15	)-(18)	20		0.79		0.09		0.70

*1 Return on Loans and Bills Discounted excludes loans to financial institutions (including MHFG).
*2 Deposits include NCDs.

(Reference) After excluding loans to the Japanese government and others
Return on Loans and Bills Discounted			21		1.07		0.27		0.79
Loan and Deposit Rate Margin	(21	)-(18)	22		0.79		0.09		0.70



(Reference)

				(%)
				Fiscal 2025				Fiscal 2024
Aggregate Figures for the 2 Banks						Change

Return on Loans and Bills Discounted ^*1			23		1.30		0.34		0.95
Cost of Deposits ^*2			24		0.21		0.14		0.06

Loan and Deposit Rate Margin	(23	)-(24)	25		1.09		0.19		0.89

*1 Return on Loans and Bills Discounted excludes loans to financial institutions (including MHFG).
*2 Deposits include NCDs.

(Reference) After excluding loans to the Japanese government and others
Return on Loans and Bills Discounted			26		1.32		0.33		0.98
Loan and Deposit Rate Margin	(26	)-(24)	27		1.10		0.18		0.92


	*(Millions of yen)*
	As of March 31, 2026									As of March 31, 2025
	Book Value (= Fair Value)		Unrealized Gains/Losses							Book Value (= Fair Value)		Unrealized Gains/Losses
	Book Value (= Fair Value)					Gains		Losses		Book Value (= Fair Value)					Gains		Losses
Other Securities		34,694,344		1,795,139			2,321,861		526,721		27,411,717		1,172,231			1,775,925		603,694
Japanese Stocks		2,925,435		2,240,911			2,242,175		1,264		2,516,624		1,713,916			1,719,812		5,896
Japanese Bonds		16,735,050		(138,510	)		7,116		145,627		11,193,302		(78,786	)		7,249		86,035
Japanese Government Bonds		*14,921,775*		*(58,728*	)		*322*		*59,051*		8,359,271		(18,664	)		64		18,728
Other		15,033,858		(307,260	)		72,569		379,830		13,701,790		(462,898	)		48,863		511,761
Foreign Bonds		*12,106,852*		*(322,292*	)		*12,659*		*334,951*		11,465,424		(386,209	)		15,035		401,245

Mizuho Bank
Other Securities		34,412,236		1,684,756			2,210,574		525,817		27,108,684		1,074,796			1,677,413		602,617
Japanese Stocks		2,782,662		2,129,942			2,130,979		1,036		2,370,411		1,616,347			1,621,572		5,225
Japanese Bonds		16,599,502		(137,932	)		7,061		144,994		11,040,790		(78,566	)		7,101		85,667
Japanese Government Bonds		*14,821,965*		*(58,688*	)		*322*		*59,011*		8,260,550		(18,643	)		64		18,707
Other		15,030,070		(307,253	)		72,533		379,786		13,697,483		(462,984	)		48,739		511,724
Foreign Bonds		*12,106,852*		*(322,292*	)		*12,659*		*334,951*		11,465,424		(386,209	)		15,035		401,245

Mizuho Trust & Banking
Other Securities		282,108		110,382			111,287		904		303,032		97,434			98,511		1,077
Japanese Stocks		142,772		110,968			111,196		227		146,213		97,568			98,239		671
Japanese Bonds		135,547		(578	)		54		633		152,511		(220	)		147		368
Japanese Government Bonds		*99,810*		*(40*	)		—		40		98,720		(21	)		—		21
Other		3,787		(7	)		36		43		4,307		86			123		37
Foreign Bonds		—		—			—		—		—		—			—		—

* In addition to “Securities” on the balance sheets, NCDs in “Cash and Due from Banks” and certain items in “Monetary Claims Bought” are also included. * Other Securities mainly including Foreign Bonds are hedged by using derivative instruments, which apply the deferred method of hedge accounting. Deferred Hedge Gains/Losses before tax adjustment (aggregate figures for the 2 banks) as of March 31, 2026 and March 31, 2025 are ¥(27,984) million (Foreign Bonds ¥(33,769) million and Japanese Government Bonds ¥4,741 million) and ¥33,528 million (Foreign Bonds ¥39,715 million and Japanese Government Bonds ¥975 million), respectively. Unrealized Gains/Losses applying deferred hedging accounting among hedging instruments (aggregate figures for the 2 banks) as of March 31, 2026 and March 31, 2025 are ¥1,767,155 million (Foreign Bonds ¥(356,062) million and Japanese Government Bonds ¥(53,946) million) and ¥1,205,759 million (Foreign Bonds ¥(346,494) million and Japanese Government Bonds ¥(17,667) million), respectively. * Unrealized Gains/Losses on Other Securities as of March 31, 2026 and March 31, 2025 include translation differences and others regarding stocks and others without a quoted market price and Investments in Partnerships, and are recorded directly to Net Assets after tax adjustment, excluding the amount recognized in the balance sheet by applying the fair-value hedge accounting.


	*(Millions of yen)*
	As of March 31, 2026						As of March 31, 2025
	Unrealized Gains/Losses						Unrealized Gains/Losses
				Change			Unrealized Gains/Losses
Other Securities		1,847,002			636,651			1,210,350
Japanese Stocks		2,291,598			543,040			1,748,558
Japanese Bonds		(138,563	)		(58,909	)		(79,654	)
Japanese Government Bonds		*(58,728*	)		(40,064	)		(18,664	)
Other		(306,032	)		152,520			(458,553	)
Foreign Bonds		*(321,008*	)		61,067			(382,076	)


	*(Billions of yen)*
	Maturity as of March 31, 2026								Change												Maturity as of March 31, 2025
	Within 1 year		1 - 5 years		5 - 10 years		Over 10 years		Within 1 year			1 - 5 years			5 - 10 years			Over 10 years			Within 1 year		1 - 5 years		5 - 10 years		Over 10 years
Japanese Bonds		12,396.0		3,243.8		1,241.5		399.9		5,556.4			(205.2	)		255.2			3.6			6,839.6		3,449.0		986.3		396.3
Japanese Government Bonds		12,137.1		2,186.4		1,045.1		20.0		5,984.8			132.3			475.6			20.0			6,152.2		2,054.1		569.5		—
Japanese Local Government Bonds		40.5		65.2		51.4		0.3		(21.3	)		(186.1	)		(200.1	)		(7.2	)		61.8		251.4		251.6		7.5
Japanese Corporate Bonds		218.4		992.1		144.9		379.6		(407.1	)		(151.3	)		(20.1	)		(9.1	)		625.5		1,143.5		165.1		388.8
Other		5,454.9		4,579.8		1,240.9		6,911.7		2,472.0			(75.0	)		(287.7	)		(509.5	)		2,982.8		4,654.8		1,528.7		7,421.2

Mizuho Bank

Japanese Bonds		12,290.1		3,213.5		1,241.4		399.9		5,556.1			(188.4	)		255.2			3.6			6,734.0		3,402.0		986.2		396.3
Japanese Government Bonds		12,037.1		2,186.4		1,045.1		20.0		5,983.6			132.3			475.6			20.0			6,053.4		2,054.1		569.5		—
Japanese Local Government Bonds		40.5		65.2		51.4		0.3		(21.3	)		(186.1	)		(200.1	)		(7.2	)		61.8		251.4		251.6		7.5
Japanese Corporate Bonds		212.5		961.8		144.8		379.6		(406.2	)		(134.5	)		(20.1	)		(9.1	)		618.7		1,096.4		165.0		388.8
Other		5,454.6		4,571.2		1,233.8		6,911.7		2,473.2			(75.8	)		(292.8	)		(509.5	)		2,981.3		4,647.1		1,526.6		7,421.2

Mizuho Trust & Banking

Japanese Bonds		105.8		30.2		0.1		—		0.2			(16.7	)		—			—			105.6		47.0		0.1		—
Japanese Government Bonds		100.0		—		—		—		1.2			—			—			—			98.8		—		—		—
Japanese Local Government Bonds		—		—		—		—		—			—			—			—			—		—		—		—
Japanese Corporate Bonds		5.8		30.2		0.1		—		(0.9	)		(16.7	)		—			—			6.8		47.0		0.1		—
Other		0.2		8.5		7.1		—		(1.1	)		0.8			5.1			—			1.4		7.7		2.0		—


		*(Millions of yen)*
		As of March 31, 2026			Change			As of March 31, 2025
Retirement Benefit Obligations	(A)		989,938			(78,349	)		1,068,287
Fair Value of Plan Assets	(B)		1,693,687			(65,123	)		1,758,811
Unrecognized Actuarial Differences	(C)		(324,261	)		(150,783	)		(173,478	)
Net Defined Benefit Asset	(D)		776,413			17,630			758,783
Net Defined Benefit Liability	(A)-(B)+(D)		72,664			4,404			68,259
Income (Expenses) related to Employee Retirement Benefits
		*(Millions of yen)*
		Fiscal 2025			Change			Fiscal 2024
Service Cost			(17,988	)		1,788			(19,776	)
Interest Cost			(17,383	)		(4,577	)		(12,806	)
Expected Return on Plan Assets			31,059			467			30,592
Accumulation (Amortization) of Unrecognized Actuarial Differences			15,906			(22,426	)		38,332
Accumulation (Amortization) of Unrecognized Prior Service Cost			22			(9,015	)		9,038
Gains on Cancellation of Employee Retirement Benefit Trust			69,762			57,366			12,396
Other			(26,111	)		(4,469	)		(21,641	)

Total			55,268			19,132			36,135


	*(Millions of yen)*
	As of March 31, 2026					As of March 31, 2025
	As of March 31, 2026		Change			As of March 31, 2025
Claims against Bankrupt and Substantially Bankrupt Obligors		35,220		2,736			32,484
Claims with Collection Risk		474,937		(101,263	)		576,200
Claims for Special Attention		409,922		(28,704	)		438,626
Loans Past Due for 3 Months or More		3,919		3,648			271
Restructured Loans		406,003		(32,352	)		438,355
Sub-total[1]		920,080		(127,231	)		1,047,311
Normal Claims		113,879,307		7,449,146			106,430,161

Total[2]		114,799,388		7,321,915			107,477,473


Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		332,099		236,150			95,949

	(%)
NPL ratio[1]/[2]		0.80		(0.17	)		0.97

Trust Account
	*(Millions of yen)*
	As of March 31, 2026					As of March 31, 2025
	As of March 31, 2026		Change			As of March 31, 2025
Claims against Bankrupt and Substantially Bankrupt Obligors		—		—			—
Claims with Collection Risk		—		—			—
Claims for Special Attention		—		—			—
Loans Past Due for 3 Months or More		—		—			—
Restructured Loans		—		—			—
Sub-total[3]		—		—			—
Normal Claims		1,002		(389	)		1,392

Total[4]		1,002		(389	)		1,392


	(%)
NPL ratio[3]/[4]		—		—			—


Consolidated + Trust Account
	*(Millions of yen)*
	As of March 31, 2026					As of March 31, 2025
	As of March 31, 2026		Change			As of March 31, 2025
Claims against Bankrupt and Substantially Bankrupt Obligors		35,220		2,736			32,484
Claims with Collection Risk		474,937		(101,263	)		576,200
Claims for Special Attention		409,922		(28,704	)		438,626
Loans Past Due for 3 Months or More		3,919		3,648			271
Restructured Loans		406,003		(32,352	)		438,355
Sub-total[5]		920,080		(127,231	)		1,047,311
Normal Claims		113,880,310		7,448,756			106,431,553

Total[6]		114,800,391		7,321,525			107,478,865


Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		332,099		236,150			95,949

	*(%)*
NPL ratio[5]/[6]		0.80		(0.17	)		0.97


	*(Millions of yen)*
	As of March 31, 2026		Change			As of March 31, 2025
Allowances for Loan Losses		637,302		(118,449	)		755,751
General Allowance for Loan Losses		393,657		57,371			336,285
Specific Allowance for Loan Losses		240,939		(154,187	)		395,127
Allowance for Loan Losses to Restructuring Countries		2,705		(21,633	)		24,339

Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		334,727		238,509			96,218
Non-Consolidated Aggregate Figures for the 2 Banks
	*(Millions of yen)*
	As of March 31, 2026		Change			As of March 31, 2025
Allowances for Loan Losses		615,783		(110,386	)		726,169
General Allowance for Loan Losses		379,395		58,679			320,716
Specific Allowance for Loan Losses		233,681		(147,432	)		381,113
Allowance for Loan Losses to Restructuring Countries		2,705		(21,633	)		24,339

Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		331,510		237,499			94,011
Mizuho Bank
Allowances for Loan Losses		609,891		(109,378	)		719,269
General Allowance for Loan Losses		373,604		58,738			314,866
Specific Allowance for Loan Losses		233,581		(146,483	)		380,064
Allowance for Loan Losses to Restructuring Countries		2,705		(21,633	)		24,339

Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		331,240		237,463			93,777
Mizuho Trust & Banking
Allowances for Loan Losses		5,891		(1,007	)		6,899
General Allowance for Loan Losses		5,791		(58	)		5,850
Specific Allowance for Loan Losses		100		(949	)		1,049
Allowance for Loan Losses to Restructuring Countries		—		—			—

Above figures are presented net of partial direct write-offs, the amounts of which are indicated in the table below.

Amount of Partial Direct Write-offs		269		35			233


	*(Billions of yen)*
	As of March 31, 2026		Change			As of March 31, 2025
Coverage Amount		624.6		(133.0	)		757.6
Allowances for Loan Losses		316.5		(167.4	)		483.9
Collateral, Guarantees, and equivalent		308.0		34.4			273.6

	*(%)*
Coverage Ratio		70.0		(4.3	)		74.3
Claims against Bankrupt and Substantially Bankrupt Obligors		100.0		—			100.0
Claims with Collection Risk		85.0		(5.3	)		90.4
Claims for Special Attention		50.0		(1.5	)		51.6
Claims against Special Attention Obligors		*51.3*		(0.4	)		51.7

Allowance Coverage Ratio against Non-collateralized Claims

	*(%)*
Claims against Bankrupt and Substantially Bankrupt Obligors		100.0		—			100.0
Claims with Collection Risk		76.2		(11.2	)		87.4
Claims for Special Attention		29.4		(3.7	)		33.2
Claims against Special Attention Obligors		*29.2*		(2.9	)		32.2

Reference: Allowance Coverage Ratio

	*(%)*
Claims against Special Attention Obligors		20.15		(2.81	)		22.97
Claims against Watch Obligors excluding Special Attention Obligors		3.72		0.69			3.03
Claims against Normal Obligors		0.18		0.03			0.14

Mizuho Bank

	*(Billions of yen)*
Coverage Amount		619.8		(128.5	)		748.3
Allowances for Loan Losses		316.1		(165.9	)		482.0
Collateral, Guarantees, and equivalent		303.7		37.3			266.3

	*(%)*
Coverage Ratio		69.9		(4.5	)		74.5
Claims against Bankrupt and Substantially Bankrupt Obligors		100.0		—			100.0
Claims with Collection Risk		84.9		(5.6	)		90.5
Claims for Special Attention		50.1		(1.6	)		51.8
Claims against Special Attention Obligors		*51.4*		(0.8	)		52.3

Allowance Coverage Ratio against Non-collateralized Claims

	*(%)*
Claims against Bankrupt and Substantially Bankrupt Obligors		100.0		—			100.0
Claims with Collection Risk		76.2		(11.5	)		87.7
Claims for Special Attention		29.5		(3.9	)		33.5
Claims against Special Attention Obligors		*29.3*		(3.3	)		32.7

Reference: Allowance Coverage Ratio

	*(%)*
Claims against Special Attention Obligors		20.20		(3.01	)		23.22
Claims against Watch Obligors excluding Special Attention Obligors		3.65		0.62			3.03
Claims against Normal Obligors		0.18		0.03			0.14


	*(Billions of yen)*
	Fiscal 2022		Fiscal 2023		Fiscal 2024		Fiscal 2025
	As of March 31, 2023		As of March 31, 2024		As of March 31, 2025		As of March 31, 2026
							MHBK		MHTB*		Aggregate Figures for the 2 Banks		Change from March 31, 2025
Claims against Bankrupt and Substantially Bankrupt Obligors		34.0		15.9		9.3		18.9		0.0		18.9		9.6
Claims with Collection Risk		658.4		499.8		398.6		111.2		3.7		114.9		(283.6	)
Amount Categorized as above up to Fiscal 2022		692.5		515.7		408.0		130.1		3.7		133.9		(274.0	)
of which the amount which was in the process of being removed from the balance sheet		30.5		15.3		9.1		18.7		0.0		18.8		9.6
Claims against Bankrupt and Substantially Bankrupt Obligors				10.7		3.8		2.2		—		2.2		(1.5	)
Claims with Collection Risk				208.7		64.7		29.8		0.0		29.9		(34.8	)
Amount Newly Categorized as above during Fiscal 2023				219.5		68.5		32.1		0.0		32.1		(36.4	)
of which the amount which was in the process of being removed from the balance sheet				9.4		2.9		2.2		—		2.2		(0.7	)
Claims against Bankrupt and Substantially Bankrupt Obligors						9.0		2.3		—		2.3		(6.7	)
Claims with Collection Risk						105.9		60.1		—		60.1		(45.7	)
Amount Newly Categorized as above during Fiscal 2024						115.0		62.4		—		62.4		(52.5	)
of which the amount which was in the process of being removed from the balance sheet						5.8		1.8		—		1.8		(3.9	)
Claims against Bankrupt and Substantially Bankrupt Obligors								8.4		0.0		8.4		8.4
Claims with Collection Risk								257.9		0.0		258.0		258.0
Amount Newly Categorized as above during Fiscal 2025								266.4		0.0		266.4		266.4
of which the amount which was in the process of being removed from the balance sheet								8.4		0.0		8.4		8.4
Claims against Bankrupt and Substantially Bankrupt Obligors		34.0		26.6		22.2		31.9		0.0		31.9		9.7
Claims with Collection Risk		658.4		708.6		569.3		459.2		3.8		463.0		(106.2	)
Total		692.5		735.3		591.6		491.1		3.8		495.0		(96.5	)
of which the amount which was in the process of being removed from the balance sheet		30.5		24.7		17.9		31.3		0.0		31.3		13.4


* Trust account represents trust accounts with contracts indemnifying the principal amounts.
*				denotes newly categorized amounts.