Mizuho Financial
MFG · NYSENational Commercial Banks · Reports in JPY
Mizuho Financial reported revenue of JPY 8,795B in the fiscal year ended Mar 2026, up 7.6% from the year before. Net income was JPY 1,158B. Operating cash flow of −JPY 1,781B less capital expenditure of JPY 307B left free cash flow of −JPY 2,088B. It held more cash than debt (net cash JPY 41,768B).
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | JPY 2,114B | JPY 4,277B | JPY 8,511B | JPY 8,170B | JPY 8,795B |
| Net interest incomeBanks | JPY 1,070B | JPY 1,209B | JPY 1,205B | JPY 1,260B | JPY 1,687B |
| Interest expense | JPY 374B | JPY 2,180B | JPY 4,562B | – | – |
| Pre-tax income | −JPY 242B | JPY 69.2B | JPY 1,623B | JPY 759B | JPY 1,686B |
| Income tax | −JPY 141B | JPY 35.1B | JPY 425B | JPY 200B | JPY 360B |
| Net income | −JPY 105B | −JPY 14B | JPY 912B | JPY 593B | JPY 1,158B |
| Diluted EPS | −41.28 | −5.52 | 359.65 | 234.52 | 466.09 |
| Diluted shares | 2,537M | 2,537M | 2,537M | 2,530M | 2,485M |
Balance sheet
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | JPY 52,174B | JPY 67,992B | JPY 74,113B | JPY 73,436B | JPY 62,606B |
| Net PP&E | JPY 1,704B | JPY 1,654B | JPY 1,714B | JPY 1,814B | JPY 1,823B |
| Goodwill | JPY 92.7B | JPY 92.9B | JPY 164B | JPY 164B | JPY 213B |
| Total assets | JPY 231,551B | JPY 248,781B | JPY 272,173B | JPY 276,741B | JPY 294,896B |
| Long-term debt | JPY 12,578B | JPY 14,893B | JPY 16,277B | JPY 14,914B | JPY 20,839B |
| Total liabilities | JPY 222,108B | JPY 239,056B | JPY 261,742B | JPY 266,191B | JPY 283,418B |
| Shareholders' equity | JPY 8,914B | JPY 8,915B | JPY 9,929B | JPY 10,065B | JPY 10,860B |
Cash flow
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating cash flow | JPY 5,498B | JPY 1,007B | −JPY 3,461B | JPY 59B | −JPY 1,781B |
| Capital expenditure | JPY 136B | JPY 186B | JPY 256B | JPY 338B | JPY 307B |
| Free cash flow | JPY 5,362B | JPY 821B | −JPY 3,717B | −JPY 279B | −JPY 2,088B |
| Depreciation & amortisation | JPY 220B | JPY 231B | JPY 214B | JPY 230B | JPY 270B |
| Share buybacks | JPY 1.9B | JPY 2.3B | JPY 3.4B | JPY 103B | JPY 404B |
| Dividends paid | JPY 197B | JPY 209B | JPY 235B | JPY 304B | JPY 369B |
| Dividend per share | 80.00 | 85.00 | 105.00 | 140.00 | 145.00 |
Key ratios
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 102.3% | 99.0% | −4.0% | 7.6% |
| EPS growth (YoY) | – | – | – | −34.8% | 98.7% |
| Net margin | −5.0% | −0.3% | 10.7% | 7.3% | 13.2% |
| Return on equityBlank when equity is negative | −1.2% | −0.2% | 9.2% | 5.9% | 10.7% |
| Free cash flow margin | 253.7% | 19.2% | −43.7% | −3.4% | −23.7% |
| Cash conversion (CFO ÷ net income) | −52.5x | −71.9x | −3.79x | 0.10x | −1.54x |
| Debt ÷ equity | 1.41x | 1.67x | 1.64x | 1.48x | 1.92x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −JPY 39,596B | −JPY 53,099B | −JPY 57,836B | −JPY 58,522B | −JPY 41,768B |
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.