The strong earnings beat and the new ¥100 billion buyback are clear positives. The progressive dividend policy and improved capital return framework support the stock. Monitor the May 19 IR conference for further details on fiscal 2026 drivers and any updates on cross-shareholding reduction plans.
Price Chart
Executive Summary
Mizuho Financial Group reported strong fiscal 2025 results (year ended March 31, 2026), with Profit Attributable to Owners of Parent surging 41.0% YoY to ¥1,248.6 billion, driven by higher fee income, yen depreciation, and gains from stock sales. The company announced a new ¥100 billion share buyback (up to 25 million shares) and a progressive dividend increase to ¥150 per share for fiscal 2026. Guidance for fiscal 2026 calls for a further 4.1% increase in profit to ¥1,300.0 billion.
Key Facts
- Profit Attributable to Owners of Parent for fiscal 2025 was ¥1,248.6 billion, up 41.0% YoY from ¥885.4 billion.
- Ordinary Profits rose 34.6% YoY to ¥1,573.2 billion.
- EPS increased to ¥502.92 from ¥350.20 in the prior year.
- Consolidated Common Equity Tier 1 capital ratio (Basel III finalization basis) was 9.9%, at the lower end of the 9-10% target range.
- Annual dividend increased to ¥145.0 per share for fiscal 2025, with a forecast of ¥150.0 for fiscal 2026.
- Board authorized a new share buyback of up to ¥100 billion (up to 25 million shares) from May 18 to August 31, 2026, with cancellation scheduled for September 24, 2026.
- Fiscal 2026 guidance: Profit Attributable to Owners of Parent of ¥1,300.0 billion, up 4.1% YoY.
- NPL ratio improved to 0.80% from 0.97% a year ago.
- Net gains related to stocks surged to ¥325.2 billion from ¥141.2 billion, driven by sales of cross-holding stocks.
Financial Impact
Profit Attributable to Owners of Parent increased by ¥363.2 billion YoY to ¥1,248.6 billion. Share buyback of up to ¥100 billion announced.
Risk Factors
- Credit-related costs increased to ¥133.0 billion from ¥51.6 billion, reflecting forward-looking provisions and specific company costs.
- Net cash used in operating and investing activities was substantial, reducing cash equivalents by ¥11.0 trillion.
- Deferred hedge losses widened to ¥855.2 billion, a potential drag on future OCI.
- Guidance for fiscal 2026 implies only 4.1% profit growth, a significant deceleration from the 41% growth in fiscal 2025.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-225225 |
| Document: 0001193125-26-225225-index-headers.html | 0001193125-26-225225 |
| Document: 0001193125-26-225225-index.html | 0001193125-26-225225 |
| Document: 0001193125-26-225225.txt | 0001193125-26-225225 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 1, 2026 21w ago | 6-K | $44.12 $51.90 | ▲ +17.63% | ▲ +16.40% | $47.65 (+8.00%) |
May 28, 2026 21w ago | 6-K | $43.44 $50.85 | ▲ +17.06% | ▲ +15.32% | $47.65 (+9.69%) |
May 28, 2026 21w ago | 6-K | $43.44 $50.85 | ▲ +17.06% | ▲ +15.32% | $47.65 (+9.69%) |
May 20, 2026 22w ago | 6-K | $44.48 $55.10 | ▲ +23.88% | ▲ +18.87% | $47.65 (+7.13%) |
May 15, 2026 23w ago | 6-K | $42.85 $54.00 | ▲ +26.02% | ▲ +21.51% | $47.65 (+11.20%) |
May 15, 2026 23w ago | 6-K | $42.85 $54.00 | ▲ +26.02% | ▲ +21.51% | $47.65 (+11.20%) |
May 15, 2026 23w ago | 6-K | $42.85 $54.00 | ▲ +26.02% | ▲ +21.51% | $47.65 (+11.20%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers