Interim report
Page 1
FFFFFooooorrrrr IIIIImmmmmmmmmmeeeeedddddiiiiiaaaaattttteeeee RRRRReeeeellllleeeeeaaaaassssseeeee::::: CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll SSSSStttttaaaaattttteeeeemmmmmeeeeennnnntttttsssss fffffooooorrrrr ttttthhhhheeeee FFFFFiiiiirrrrrsssssttttt QQQQQuuuuuaaaaarrrrrttttteeeeerrrrr ooooofffff FFFFFiiiiissssscccccaaaaalllll 22222000002222255555 (((((UUUUUnnnnndddddeeeeerrrrr JJJJJaaaaapppppaaaaannnnneeeeessssseeeee GGGGGAAAAAAAAAAPPPPP))))) Company Name: MMMMMiiiiizzzzzuuuuuhhhhhooooo FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll GGGGGrrrrrooooouuuuuppppp,,,,, IIIIInnnnnccccc..... ((((("""""MMMMMHHHHHFFFFFGGGGG"""""))))) July 31, 2025 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 Trading Accounts: Established Commencement of Dividend Payment (scheduled): - Supplementary Materials on Quarterly Results: Attached IR Conference on Quarterly Results: Not Scheduled Amounts less than one million yen are rounded down. 11111..... FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll HHHHHiiiiiggggghhhhhllllliiiiiggggghhhhhtttttsssss fffffooooorrrrr ttttthhhhheeeee FFFFFiiiiirrrrrsssssttttt QQQQQuuuuuaaaaarrrrrttttteeeeerrrrr ooooofffff FFFFFiiiiissssscccccaaaaalllll 22222000002222255555 (((((fffffooooorrrrr ttttthhhhheeeee ttttthhhhhrrrrreeeeeeeeee mmmmmooooonnnnnttttthhhhhsssss eeeeennnnndddddeeeeeddddd JJJJJuuuuunnnnneeeee 3333300000,,,,, 22222000002222255555))))) (((((11111))))) CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd RRRRReeeeesssssuuuuullllltttttsssss ooooofffff OOOOOpppppeeeeerrrrraaaaatttttiiiiiooooonnnnnsssss (%: Changes from the corresponding period of the previous fiscal year) Ordinary Income Ordinary Profits Profit Attributable to Owners of Parent ¥ million % ¥ million % ¥ million % 1Q F2025 2,130,048 (10.5) 368,583 4.0 290,521 0.4 1Q F2024 2,380,899 28.0 354,383 20.4 289,300 17.9 Note: Comprehensive Income: 1Q F2025: ¥ 328,712 million, 41.6%; 1Q F2024: ¥ 232,053 million, (50.3)% Earnings per Share of Common Stock Diluted Earnings per Share of Common Stock ¥ ¥ 1Q F2025 115.90 115.90 1Q F2024 114.14 114.14 (((((22222))))) CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll CCCCCooooonnnnndddddiiiiitttttiiiiiooooonnnnnsssss Total Assets Total Net Assets Own Capital Ratio ¥ million ¥ million % 1Q F2025 278,650,460 10,619,730 3.7 Fiscal 2024 283,320,404 10,523,753 3.6 Reference: Own Capital: As of June 30, 2025: ¥ 10,541,052 million; As of March 31, 2025: ¥ 10,442,211 million 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. 22222..... CCCCCaaaaassssshhhhh DDDDDiiiiivvvvviiiiidddddeeeeennnnndddddsssss fffffooooorrrrr SSSSShhhhhaaaaarrrrreeeeehhhhhooooollllldddddeeeeerrrrrsssss ooooofffff CCCCCooooommmmmmmmmmooooonnnnn SSSSStttttoooooccccckkkkk Annual Cash Dividends per Share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total ¥ ¥ ¥ ¥ ¥ Fiscal 2024 － 65.00 － 75.00 140.00 Fiscal 2025 － Fiscal 2025 (estimate) 72.50 － 72.50 145.00 Note: Revision of the latest announced estimates for cash dividends for shareholders of common stock : No 33333..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd EEEEEaaaaarrrrrnnnnniiiiinnnnngggggsssss EEEEEssssstttttiiiiimmmmmaaaaattttteeeeesssss fffffooooorrrrr FFFFFiiiiissssscccccaaaaalllll 22222000002222255555 (((((fffffooooorrrrr ttttthhhhheeeee fffffiiiiissssscccccaaaaalllll yyyyyeeeeeaaaaarrrrr eeeeennnnndddddiiiiinnnnnggggg MMMMMaaaaarrrrrccccchhhhh 3333311111,,,,, 22222000002222266666))))) (%: Changes from the corresponding period of the previous fiscal year) Profit Attributable to Owners of Parent Earnings per Share of Common Stock ¥ million % ¥ Fiscal 2025 H1 － － － Fiscal 2025 1,020,000 15.1 407.81 Notes: 1. Revision of the latest announced earnings estimates for fiscal 2025: Yes Following the result from 1Q, MHFG revised Consolidated Earnings Estimates for Fiscal 2025 (for the fiscal year ending March 31, 2026). Profit Attributable to Owners of Parent: The latest announced estimates: ¥940,000 million, Revised estimates: ¥1,020,000 million, Changes from the original estimates: ¥80,000 million, 8.5% 2. The number of shares of common stock used in the above per share information is based on the weighted average of the average number of outstanding shares (excluding treasury stock and others) during the 1Q and the number of outstanding shares during the 2Q-4Q (which is substituted with the number of outstanding shares (excluding treasury stock and others) as of June 30, 2025
Page 2
NNNNNooooottttteeeeesssss (((((11111))))) SSSSSiiiiigggggnnnnniiiiifffffiiiiicccccaaaaannnnnttttt ccccchhhhhaaaaannnnngggggeeeeesssss iiiiinnnnn ttttthhhhheeeee ssssscccccooooopppppeeeee ooooofffff cccccooooonnnnnsssssooooollllliiiiidddddaaaaatttttiiiiiooooonnnnn ddddduuuuurrrrriiiiinnnnnggggg ttttthhhhheeeee pppppeeeeerrrrriiiiioooooddddd::::: No (((((22222))))) AAAAAdddddoooooppppptttttiiiiiooooonnnnn ooooofffff SSSSSpppppeeeeeccccciiiiifffffiiiiieeeeeddddd AAAAAccccccccccooooouuuuunnnnntttttiiiiinnnnnggggg MMMMMeeeeettttthhhhhooooodddddsssss fffffooooorrrrr ttttthhhhheeeee PPPPPrrrrreeeeepppppaaaaarrrrraaaaatttttiiiiiooooonnnnn ooooofffff QQQQQuuuuuaaaaarrrrrttttteeeeerrrrrlllllyyyyy CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll SSSSStttttaaaaattttteeeeemmmmmeeeeennnnntttttsssss::::: No (((((33333))))) CCCCChhhhhaaaaannnnngggggeeeeesssss iiiiinnnnn AAAAAccccccccccooooouuuuunnnnntttttiiiiinnnnnggggg PPPPPooooollllliiiiiccccciiiiieeeeesssss aaaaannnnnddddd AAAAAccccccccccooooouuuuunnnnntttttiiiiinnnnnggggg EEEEEssssstttttiiiiimmmmmaaaaattttteeeeesssss ///// RRRRReeeeessssstttttaaaaattttteeeeemmmmmeeeeennnnntttttsssss ⅰ Changes in accounting policies due to revisions of accounting standards: No ⅱ Changes in accounting policies other than ⅰ above: No ⅲ Changes in accounting estimates: No ⅳ Restatements: No (((((44444))))) IIIIIssssssssssuuuuueeeeeddddd SSSSShhhhhaaaaarrrrreeeeesssss ooooofffff CCCCCooooommmmmmmmmmooooonnnnn SSSSStttttoooooccccckkkkk ⅰ Period-end issued shares (including treasury stock): As of June 30, 2025 2,513,757,794 shares As of March 31, 2025 2,513,757,794 shares ⅱ Period-end treasury stock: As of June 30, 2025 14,415,443 shares As of March 31, 2025 4,233,302 shares ⅲ Average outstanding shares (first quarter): 1Q Fiscal 2025 2,506,490,827 shares 1Q Fiscal 2024 2,534,589,882 shares Review of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: No This immediate release contains statements that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, including estimates, forecasts, targets and plans. Such forward-looking statements do not represent any guarantee by management of future performance. In many cases, but not all, we use such words as "aim," "anticipate," "believe," "endeavor," "estimate," "expect," "intend," "may," "plan," "probability," "project," "risk," "seek," "should," "strive," "target" and similar expressions in relation to us or our management to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These statements reflect our current views with respect to future events and are subject to risks, uncertainties and assumptions. We may not be successful in implementing our business strategies, and management may fail to achieve its targets, for a wide range of possible reasons, including, without limitation: impact of geopolitical disruptions; intensification of competition in the market for financial services; incurrence of significant credit-related costs; declines in the value of our securities portfolio; changes in interest rates; foreign currency fluctuations; decrease in the market liquidity of our assets; revised assumptions or other changes related to our pension plans; a decline in our deferred tax assets; impairment of the carrying value of our long-lived assets; problems related to our information technology systems, including as a result of cyber attacks; the effect of financial transactions entered into for hedging and other similar purposes; failure to maintain required capital adequacy ratio levels and meet other financial regulatory requirements; downgrades in our credit ratings; our ability to avoid reputational harm; our ability to implement our medium-term business plan, and implement other strategic initiatives and measures effectively; the effectiveness of our operational, legal and other risk management policies; the effect of changes in general economic conditions in Japan and elsewhere; changes to applicable laws and regulations; and the effects of climate change. Further information regarding factors that could affect our financial condition and results of operations is included in "Item 3.D. Key Information-Risk Factors" and "Item 5. Operating and Financial Review and Prospects" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC"), which is available in the Financial Information section of our web page at www.mizuhogroup.com and also at the SEC’s web site at www.sec.gov. We do not intend to update our forward-looking statements. We are under no obligation, and disclaim any obligation, to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the rules of the Tokyo Stock Exchange.
Page 3
○Contents of Attachment 1. Overview of Consolidated Results of Operations and Financial Condition .................................................. p.1-2 2. Quarterly Consolidated Financial Statements and Others .............................................................................. p.1-3 (1) Consolidated Balance Sheets ..................................................................................................................... p.1-3 (2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ............................................................................................................................. p.1-5 (3) Notes regarding Consolidated Financial Statements.................................................................................. p.1-7 (Matters Related to the Assumption of Going Concern) (Significant Changes in the Amount of Shareholders' Equity) (Business Segments Information) (Consolidated Statement of Cash Flows) ※SELECTED FINANCIAL INFORMATION For the First Quarter of Fiscal 2025 Note to XBRL Please note that the names of the English accounts contained in XBRL data, which are available through EDINET and TDNet, may be different from those of the English accounts in our financial statements. Mizuho Financial Group, Inc. 1-1
Page 4
1 1 1 1 1. . . . .O O O O Ov v v v ve e e e er r r r rv v v v vi i i i ie e e e ew w w w wo o o o of f f f fC C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dR R R R Re e e e es s s s su u u u ul l l l lt t t t ts s s s so o o o of f f f fO O O O Op p p p pe e e e er r r r ra a a a at t t t ti i i i io o o o on n n n ns s s s sa a a a an n n n nd d d d dF F F F Fi i i i in n n n na a a a an n n n nc c c c ci i i i ia a a a al l l l lC C C C Co o o o on n n n nd d d d di i i i it t t t ti i i i io o o o on n n n n The subject matter is described in the "Summary of Financial Results for the First Quarter of FY2025" disclosed on July 31, 2025 (Thursday), which is available on our web page at https://www.mizuhogroup.com/investors/financial-information/financial-statements. The information is posted under the Financial Statements (under Japanese GAAP) of Mizuho Financial Group, FY2025, First Quarter, on the above web page. Mizuho Financial Group, Inc. 1-2
Page 5
2 2 2 2 2. . . . .Q Q Q Q Qu u u u ua a a a ar r r r rt t t t te e e e er r r r rl l l l ly y y y yC C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dF F F F Fi i i i in n n n na a a a an n n n nc c c c ci i i i ia a a a al l l l lS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s sa a a a an n n n nd d d d dO O O O Ot t t t th h h h he e e e er r r r rs s s s s ( ( ( ( (1 1 1 1 1) ) ) ) )C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dB B B B Ba a a a al l l l la a a a an n n n nc c c c ce e e e eS S S S Sh h h h he e e e ee e e e et t t t ts s s s s Millions of yen As of March 31, 2025 As of June 30, 2025 A A A A As s s s ss s s s se e e e et t t t ts s s s s Cash and Due from Banks ¥ 72,483,086 ¥ 64,770,799 Call Loans and Bills Bought 688,473 689,333 Receivables under Resale Agreements 28,107,374 28,083,200 Guarantee Deposits Paid under Securities Borrowing Transactions 2,078,999 1,977,293 Monetary Claims Bought 3,932,427 4,294,378 Trading Assets 22,240,796 23,522,393 Money Held in Trust 632,025 654,683 Securities 34,307,574 35,627,012 Loans and Bills Discounted 94,108,757 94,011,242 Foreign Exchanges 2,237,879 2,283,652 Derivatives other than for Trading Assets 3,497,747 3,325,914 Other Assets 7,008,874 7,301,030 Tangible Fixed Assets 1,122,592 1,116,606 Intangible Fixed Assets 808,897 809,451 Net Defined Benefit Asset 758,783 762,713 Deferred Tax Assets 237,630 198,213 Customers’Liabilities for Acceptances and Guarantees 9,824,242 9,731,545 Allowance for Loan Losses (755,751) (509,000) Allowance for Investment Losses (5) (3) T T T T To o o o ot t t t ta a a a al l l l lA A A A As s s s ss s s s se e e e et t t t ts s s s s ¥ 283,320,404 ¥ 278,650,460 Mizuho Financial Group, Inc. 1-3
Page 6
Millions of yen As of March 31, 2025 As of June 30, 2025 L L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s s Deposits ¥ 158,746,762 ¥ 157,938,148 Negotiable Certificates of Deposit 14,398,784 12,949,466 Call Money and Bills Sold 2,745,165 2,894,483 Payables under Repurchase Agreements 38,393,650 35,267,234 Guarantee Deposits Received under Securities Lending Transactions 1,604,389 1,113,984 Commercial Paper 2,138,133 1,872,323 Trading Liabilities 14,290,572 14,434,633 Borrowed Money 4,008,514 3,963,446 Foreign Exchanges 840,486 1,414,384 Short-term Bonds 724,118 643,847 Bonds and Notes 12,877,794 12,813,841 Due to Trust Accounts 950,946 936,050 Derivatives other than for Trading Liabilities 4,566,669 4,342,668 Other Liabilities 6,267,822 7,443,673 Reserve for Bonus Payments 224,246 79,299 Reserve for Variable Compensation 2,226 2,955 Net Defined Benefit Liability 68,259 68,218 Reserve for Director and Corporate Auditor Retirement Benefits 484 406 Reserve for Possible Losses on Sales of Loans 1,266 933 Reserve for Contingencies 22,542 21,662 Reserve for Reimbursement of Deposits 7,146 6,476 Reserve for Reimbursement of Debentures 19,965 17,524 Reserves under Special Laws 4,247 4,244 Deferred Tax Liabilities 21,155 23,963 Deferred Tax Liabilities for Revaluation Reserve for Land 47,059 45,314 Acceptances and Guarantees 9,824,242 9,731,545 T T T T To o o o ot t t t ta a a a al l l l lL L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s s ¥ 272,796,651 ¥ 268,030,730 N N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s Common Stock ¥ 2,256,767 ¥ 2,256,767 Capital Surplus 1,129,730 1,129,731 Retained Earnings 6,046,578 6,152,424 Treasury Stock (9,462) (50,060) T T T T To o o o ot t t t ta a a a al l l l lS S S S Sh h h h ha a a a ar r r r re e e e eh h h h ho o o o ol l l l ld d d d de e e e er r r r rs s s s s’ ’ ’ ’ ’E E E E Eq q q q qu u u u ui i i i it t t t ty y y y y 9,423,614 9,488,862 Net Unrealized Gains (Losses) on Other Securities 867,697 977,063 Deferred Gains (Losses) on Hedges (465,204) (438,156) Revaluation Reserve for Land 98,680 94,892 Foreign Currency Translation Adjustments 398,783 303,947 Remeasurements of Defined Benefit Plans 119,654 115,805 Own Credit Risk Adjustments, Net of Tax (1,014) (1,362) T T T T To o o o ot t t t ta a a a al l l l lA A A A Ac c c c cc c c c cu u u u um m m m mu u u u ul l l l la a a a at t t t te e e e ed d d d dO O O O Ot t t t th h h h he e e e er r r r rC C C C Co o o o om m m m mp p p p pr r r r re e e e eh h h h he e e e en n n n ns s s s si i i i iv v v v ve e e e eI I I I In n n n nc c c c co o o o om m m m me e e e e 1,018,596 1,052,189 S S S S St t t t to o o o oc c c c ck k k k kA A A A Ac c c c cq q q q qu u u u ui i i i is s s s si i i i it t t t ti i i i io o o o on n n n nR R R R Ri i i i ig g g g gh h h h ht t t t ts s s s s 5 5 N N N N No o o o on n n n n- - - - -c c c c co o o o on n n n nt t t t tr r r r ro o o o ol l l l ll l l l li i i i in n n n ng g g g gI I I I In n n n nt t t t te e e e er r r r re e e e es s s s st t t t ts s s s s 81,536 78,672 T T T T To o o o ot t t t ta a a a al l l l lN N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s 10,523,753 10,619,730 T T T T To o o o ot t t t ta a a a al l l l lL L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s sa a a a an n n n nd d d d dN N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s ¥ 283,320,404 ¥ 278,650,460 Mizuho Financial Group, Inc. 1-4
Page 7
( ( ( ( (2 2 2 2 2) ) ) ) )C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s so o o o of f f f fI I I I In n n n nc c c c co o o o om m m m me e e e ea a a a an n n n nd d d d dC C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s so o o o of f f f fC C C C Co o o o om m m m mp p p p pr r r r re e e e eh h h h he e e e en n n n ns s s s si i i i iv v v v ve e e e eI I I I In n n n nc c c c co o o o om m m m me e e e e C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s so o o o of f f f fI I I I In n n n nc c c c co o o o om m m m me e e e e Millions of yen For the three months ended June 30, 2024 For the three months ended June 30, 2025 O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yI I I I In n n n nc c c c co o o o om m m m me e e e e ¥ 2,380,899 ¥ 2,130,048 Interest Income 1,621,462 1,422,571 Interest on Loans and Bills Discounted 741,308 647,200 Interest and Dividends on Securities 205,024 203,868 Trust Fees 14,822 15,503 Fee and Commission Income 254,512 272,588 Trading Income 268,315 229,072 Other Operating Income 109,808 90,425 Other Ordinary Income 111,977 99,888 O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yE E E E Ex x x x xp p p p pe e e e en n n n ns s s s se e e e es s s s s 2,026,516 1,761,465 Interest Expenses 1,389,987 1,121,100 Interest on Deposits 472,961 389,471 Fee and Commission Expenses 53,624 52,822 Trading Expenses － 43,894 Other Operating Expenses 80,166 47,627 General and Administrative Expenses 451,707 460,705 Other Ordinary Expenses 51,029 35,315 O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yP P P P Pr r r r ro o o o of f f f fi i i i it t t t ts s s s s 354,383 368,583 E E E E Ex x x x xt t t t tr r r r ra a a a ao o o o or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yG G G G Ga a a a ai i i i in n n n ns s s s s 45,567 12,406 E E E E Ex x x x xt t t t tr r r r ra a a a ao o o o or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yL L L L Lo o o o os s s s ss s s s se e e e es s s s s 2,565 2,394 P P P P Pr r r r ro o o o of f f f fi i i i it t t t tb b b b be e e e ef f f f fo o o o or r r r re e e e eI I I I In n n n nc c c c co o o o om m m m me e e e eT T T T Ta a a a ax x x x xe e e e es s s s s 397,386 378,595 Income Taxes: Current 119,545 102,338 Deferred (12,463) (15,403) Total Income Taxes 107,081 86,934 P P P P Pr r r r ro o o o of f f f fi i i i it t t t t 290,304 291,660 P P P P Pr r r r ro o o o of f f f fi i i i it t t t tA A A A At t t t tt t t t tr r r r ri i i i ib b b b bu u u u ut t t t ta a a a ab b b b bl l l l le e e e et t t t to o o o oN N N N No o o o on n n n n- - - - -c c c c co o o o on n n n nt t t t tr r r r ro o o o ol l l l ll l l l li i i i in n n n ng g g g gI I I I In n n n nt t t t te e e e er r r r re e e e es s s s st t t t ts s s s s 1,003 1,139 P P P P Pr r r r ro o o o of f f f fi i i i it t t t tA A A A At t t t tt t t t tr r r r ri i i i ib b b b bu u u u ut t t t ta a a a ab b b b bl l l l le e e e et t t t to o o o oO O O O Ow w w w wn n n n ne e e e er r r r rs s s s so o o o of f f f fP P P P Pa a a a ar r r r re e e e en n n n nt t t t t ¥ 289,300 ¥ 290,521 Mizuho Financial Group, Inc. 1-5
Page 8
C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s so o o o of f f f fC C C C Co o o o om m m m mp p p p pr r r r re e e e eh h h h he e e e en n n n ns s s s si i i i iv v v v ve e e e eI I I I In n n n nc c c c co o o o om m m m me e e e e Millions of yen For the three months ended June 30, 2024 For the three months ended June 30, 2025 Profit ¥ 290,304 ¥ 291,660 Other Comprehensive Income (Losses) (58,250) 37,052 Net Unrealized Gains (Losses) on Other Securities (143,998) 109,658 Deferred Gains (Losses) on Hedges (35,059) 26,750 Foreign Currency Translation Adjustments 119,705 (83,011) Remeasurements of Defined Benefit Plans (7,092) (3,823) Own Credit Risk Adjustments, Net of Tax (206) (347) Share of Other Comprehensive Income of Associates Accounted for Using Equity Method 8,400 (12,176) Comprehensive Income 232,053 328,712 (Breakdown) Comprehensive Income Attributable to Owners of Parent 229,176 327,902 Comprehensive Income Attributable to Non-controlling Interests 2,876 810 Mizuho Financial Group, Inc. 1-6
Page 9
( ( ( ( (3 3 3 3 3) ) ) ) )N N N N No o o o ot t t t te e e e es s s s sr r r r re e e e eg g g g ga a a a ar r r r rd d d d di i i i in n n n ng g g g gC C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dF F F F Fi i i i in n n n na a a a an n n n nc c c c ci i i i ia a a a al l l l lS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t ts s s s s ( ( ( ( (M M M M Ma a a a at t t t tt t t t te e e e er r r r rs s s s sR R R R Re e e e el l l l la a a a at t t t te e e e ed d d d dt t t t to o o o ot t t t th h h h he e e e eA A A A As s s s ss s s s su u u u um m m m mp p p p pt t t t ti i i i io o o o on n n n no o o o of f f f fG G G G Go o o o oi i i i in n n n ng g g g gC C C C Co o o o on n n n nc c c c ce e e e er r r r rn n n n n) ) ) ) ) There is no applicable information. ( ( ( ( (S S S S Si i i i ig g g g gn n n n ni i i i if f f f fi i i i ic c c c ca a a a an n n n nt t t t tC C C C Ch h h h ha a a a an n n n ng g g g ge e e e es s s s si i i i in n n n nt t t t th h h h he e e e eA A A A Am m m m mo o o o ou u u u un n n n nt t t t to o o o of f f f fS S S S Sh h h h ha a a a ar r r r re e e e eh h h h ho o o o ol l l l ld d d d de e e e er r r r rs s s s s' ' ' ' 'E E E E Eq q q q qu u u u ui i i i it t t t ty y y y y) ) ) ) ) There is no applicable information. ( ( ( ( (B B B B Bu u u u us s s s si i i i in n n n ne e e e es s s s ss s s s sS S S S Se e e e eg g g g gm m m m me e e e en n n n nt t t t ts s s s sI I I I In n n n nf f f f fo o o o or r r r rm m m m ma a a a at t t t ti i i i io o o o on n n n n) ) ) ) ) 1. Summary of reportable segments MHFG has introduced an in-house company system based on the group's diverse customer segments. The aim of this system is to leverage MHFG's strengths and competitive advantage, which is the seamless integration of MHFG's banking, trust and securities functions under a holding company structure, to speedily provide high-quality financial services that closely match customer needs. Specifically, the company system is classified into the following five in-house companies, each based on a customer segment: the Retail & Business Banking Company (RBC), the Corporate & Investment Banking Company (CIBC), the Global Corporate & Investment Banking Company (GCIBC), the Global Markets Company (GMC), and the Asset Management Company (AMC). The services that each in-house company is in charge of are as follows: RBC: Services for individual customers, small and medium-sized enterprises and middle market firms in Japan CIBC: Services for large corporations, financial institutions and public corporations in Japan GCIBC: Services for Japanese overseas affiliated corporate customers and non-Japanese corporate customers, etc. GMC: Investment services with respect to interest rates, equities and credits, etc. and other services AMC: Development of products and provision of services that match the asset management needs of its wide range of customers from individuals to institutional investors The reportable segments information, set forth below, is derived from the internal management reporting systems used by management to measure the performance of the Group's operating segments. Management measures the performance of each of the operating segments in accordance with internal managerial accounting rules and practices. Mizuho Financial Group, Inc. 1-7
Page 10
2. Gross Profits (excluding the amounts of credit costs of trust accounts) + Net Gains (Losses) related to ETFs and others, and 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 by reportable segment For the three months ended June 30, 2024 (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 177,384 134,312 195,493 219,774 14,836 34,490 776,289 General and Administrative Expenses (excluding Non-Recurring Losses and others) 172,204 58,866 111,282 90,019 9,000 14,671 456,042 Equity in Income from Investments in Affiliates 2,062 2,176 7,056 － 191 719 12,204 Amortization of Goodwill and others 1 206 1,641 － 1,529 307 3,684 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 7,241 77,416 89,626 129,755 4,498 20,231 328,767 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 ¥31,146 million, of which ¥31,728 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. Following the change in allocation method for transactions between each segment and "Others" made in April 2025, reclassification was made on the above table to reflect the relevant change. For the three months ended June 30, 2025 (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 214,140 154,106 206,720 174,110 17,174 2,852 769,102 General and Administrative Expenses (excluding Non-Recurring Losses and others) 177,660 58,950 119,652 92,335 11,930 (244) 460,282 Equity in Income from Investments in Affiliates (2,049) 3,578 6,842 － 149 2,114 10,634 Amortization of Goodwill and others 1 206 1,256 － 1,431 97 2,991 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 34,430 98,528 92,654 81,775 3,962 5,113 316,462 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 ¥4,385 million, of which ¥3,210 million is included in the GMC. 2. "Others" includes items which should be eliminated as internal transactions between each segment on a consolidated basis. Mizuho Financial Group, Inc. 1-8
Page 11
3. The difference between the total amounts of 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 of reportable segments and the recorded amounts in the Quarterly Consolidated Statement of Income, and the contents of the difference (Matters relating to adjustment to difference) The above total amounts of 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 derived from internal management reporting are different from Profit before Income Taxes recorded in the Quarterly Consolidated Statement of Income. The contents of the difference for the three months ended June 30, 2024 and 2025, are as follows: (Millions of yen) For the three months ended June 30, 2024 For the three months ended June 30, 2025 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 328,767 316,462 General and Administrative Expenses (Non-Recurring Losses) 8,019 2,567 Expenses related to Portfolio Problems (including reversal of (provision for) general allowance for loan losses) (7,290) (17,504) Gains on Reversal of Allowances for Loan Losses, and others 5,841 28,967 Net Gains (Losses) related to Stocks - Net Gains (Losses) related to ETFs and others 14,097 35,442 Net Extraordinary Gains (Losses) 43,002 10,011 Others 4,949 2,647 Profit before Income Taxes recorded in Quarterly Consolidated Statement of Income 397,386 378,595 ( ( ( ( (C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d dS S S S St t t t ta a a a at t t t te e e e em m m m me e e e en n n n nt t t t to o o o of f f f fC C C C Ca a a a as s s s sh h h h hF F F F Fl l l l lo o o o ow w w w ws s s s s) ) ) ) ) We have not prepared Quarterly Consolidated Statement of Cash Flows for the three months ended June 30, 2025. Depreciation (including Amortization of Intangible Fixed Assets excluding Goodwill) and Amortization of Goodwill for the three months ended June 30, 2024 and 2025 are as follows: (Millions of yen) For the three months ended June 30, 2024 For the three months ended June 30, 2025 Depreciation 47,322 50,817 Amortization of Goodwill 1,910 1,802 Mizuho Financial Group, Inc. 1-9
Page 12
SSSSSEEEEELLLLLEEEEECCCCCTTTTTEEEEEDDDDD FFFFFIIIIINNNNNAAAAANNNNNCCCCCIIIIIAAAAALLLLL IIIIINNNNNFFFFFOOOOORRRRRMMMMMAAAAATTTTTIIIIIOOOOONNNNN FFFFFooooorrrrr ttttthhhhheeeee FFFFFiiiiirrrrrsssssttttt QQQQQuuuuuaaaaarrrrrttttteeeeerrrrr ooooofffff FFFFFiiiiissssscccccaaaaalllll 22222000002222255555 (((((UUUUUnnnnndddddeeeeerrrrr JJJJJaaaaapppppaaaaannnnneeeeessssseeeee GGGGGAAAAAAAAAAPPPPP))))) MizuhoFinancialGroup,Inc.
Page 13
CCCCCOOOOONNNNNTTTTTEEEEENNNNNTTTTTSSSSS NNNNNooooottttteeeeesssss::::: """""CCCCCOOOOONNNNN""""":::::ConsolidatedfiguresforMizuhoFinancialGroup,Inc.("MHFG") """""NNNNNOOOOONNNNN""""":::::Non-consolidatedfiguresforMizuhoBank,Ltd.("MHBK")andMizuhoTrust&BankingCo.,Ltd.("MHTB") FFFFFIIIIINNNNNAAAAANNNNNCCCCCIIIIIAAAAALLLLL IIIIINNNNNFFFFFOOOOORRRRRMMMMMAAAAATTTTTIIIIIOOOOONNNNN FFFFFOOOOORRRRR TTTTTHHHHHEEEEE FFFFFIIIIIRRRRRSSSSSTTTTT QQQQQUUUUUAAAAARRRRRTTTTTEEEEERRRRR OOOOOFFFFF FFFFFIIIIISSSSSCCCCCAAAAALLLLL 22222000002222255555 See above Notes Page 1.IncomeAnalysis CON NON 2-1 2.NetGains/LossesonStocks CON NON 2-3 3.UnrealizedGains/LossesonSecurities CON NON 2-4 4.StatusofNonPerformingLoansbasedontheBankingAct("BA")andtheFinancial ReconstructionAct("FRA") CON NON 2-7 5.StatusofDepositsandLoans NON 2-11 AAAAAttttttttttaaaaaccccchhhhhmmmmmeeeeennnnntttttsssss Page MizuhoBank,Ltd. ComparisonofNon-ConsolidatedBalanceSheets(selecteditems) 2-13 ComparisonofNon-ConsolidatedStatementsofIncome(selecteditems) 2-14 This immediate release contains statements that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, including estimates, forecasts, targets and plans. Such forward-looking statements do not represent any guarantee by management of future performance. In many cases, but not all, we use such words as "aim," "anticipate," "believe," "endeavor," "estimate," "expect," "intend," "may," "plan," "probability," "project," "risk," "seek," "should," "strive," "target" and similar expressions in relation to us or our management to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These statements reflect our current views with respect to future events and are subject to risks, uncertainties and assumptions. We may not be successful in implementing our business strategies, and management may fail to achieve its targets, for a wide range of possible reasons, including, without limitation: impact of geopolitical disruptions; intensification of competition in the market for financial services; incurrence of significant credit-related costs; declines in the value of our securities portfolio; changes in interest rates; foreign currency fluctuations; decrease in the market liquidity of our assets; revised assumptions or other changes related to our pension plans; a decline in our deferred tax assets; impairment of the carrying value of our long-lived assets; problems related to our information technology systems, including as a result of cyber attacks; the effect of financial transactions entered into for hedging and other similar purposes; failure to maintain required capital adequacy ratio levels and meet other financial regulatory requirements; downgrades in our credit ratings; our ability to avoid reputational harm; our ability to implement our medium-term business plan, and implement other strategic initiatives and measures effectively; the effectiveness of our operational, legal and other risk management policies; the effect of changes in general economic conditions in Japan and elsewhere; changes to applicable laws and regulations; and the effects of climate change. Further information regarding factors that could affect our financial condition and results of operations is included in "Item 3.D. Key Information-Risk Factors" and "Item 5. Operating and Financial Review and Prospects" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC"), which is available in the Financial Information section of our web page at www.mizuhogroup.com and also at the SEC’s web site at www.sec.gov. We do not intend to update our forward-looking statements. We are under no obligation, and disclaim any obligation, to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the rules of the Tokyo Stock Exchange.
Page 14
F F F F FI I I I IN N N N NA A A A AN N N N NC C C C CI I I I IA A A A AL L L L LI I I I IN N N N NF F F F FO O O O OR R R R RM M M M MA A A A AT T T T TI I I I IO O O O ON N N N NF F F F FO O O O OR R R R RT T T T TH H H H HE E E E EF F F F FI I I I IR R R R RS S S S ST T T T TQ Q Q Q QU U U U UA A A A AR R R R RT T T T TE E E E ER R R R RO O O O OF F F F FF F F F FI I I I IS S S S SC C C C CA A A A AL L L L L2 2 2 2 20 0 0 0 02 2 2 2 25 5 5 5 5 1 1 1 1 1. . . . .I I I I In n n n nc c c c co o o o om m m m me e e e eA A A A An n n n na a a a al l l l ly y y y ys s s s si i i i is s s s s C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d (Billionsofyen) FirstQuarterof Fiscal2025 Change FirstQuarterof Fiscal2024 ConsolidatedGrossProfits 1 764.7 19.5 745.1 NetInterestIncome 2 301.4 69.9 231.4 TrustFees 3 15.5 0.6 14.8 Credit Costs of Trust Accounts 4 － － － NetFeeandCommissionIncome 5 219.7 18.8 200.8 NetTradingIncome 6 185.1 (83.1) 268.3 NetOtherOperatingIncome 7 42.7 13.1 29.6 GeneralandAdministrativeExpenses 8 (460.7) (8.9) (451.7) ExpensesrelatedtoPortfolioProblems(includingReversalof (Provisionfor)GeneralAllowanceforLoanLosses) 9 (17.5) (10.2) (7.2) GainsonReversalofAllowancesforLoanLosses,andothers 10 28.9 23.1 5.8 NetGains(Losses)relatedtoStocks 11 39.8 (5.4) 45.2 EquityinIncomefromInvestmentsinAffiliates 12 10.6 (1.5) 12.2 Other 13 2.6 (2.3) 4.9 OrdinaryProfits 14 368.5 14.2 354.3 NetExtraordinaryGains(Losses) 15 10.0 (32.9) 43.0 ProfitbeforeIncomeTaxes 16 378.5 (18.7) 397.3 IncomeTaxes 17 (86.9) 20.1 (107.0) Profit 18 291.6 1.3 290.3 ProfitAttributabletoNon-controllingInterests 19 (1.1) (0.1) (1.0) ProfitAttributabletoOwnersofParent 20 290.5 1.2 289.3 Credit-relatedCosts (includingCreditCostsofTrustAccounts) 21 11.4 12.9 (1.4) Credit-relatedCosts[21]=ExpensesrelatedtoPortfolioProblems(includingReversalof(Provisionfor)GeneralAllowanceforLoanLosses)[9] +GainsonReversalofAllowancesforLoanLosses,andothers[10]+CreditCostsofTrustAccounts[4] (Reference) ConsolidatedNetBusinessProfits 22 312.0 14.4 297.6 ConsolidatedNetBusinessProfits[22]=ConsolidatedGrossProfits[1]-GeneralandAdministrativeExpenses(excludingNon-RecurringLosses) +EquityinIncomefromInvestmentsinAffiliatesandcertainotherconsolidationadjustments Numberofconsolidatedsubsidiaries 23 239 18 221 Numberofaffiliatesundertheequitymethod 24 27 1 26 Mizuho Financial Group, Inc. 2-1
Page 15
N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s (Billionsofyen) FirstQuarterofFiscal2025 FirstQuarterof Fiscal2024MHBK MHTB Aggregate Figures Change GrossProfits 1 433.5 31.4 465.0 10.8 454.1 NetInterestIncome 2 300.6 7.7 308.3 58.2 250.1 TrustFees 3 15.5 15.5 0.6 14.9 Trust Fees for Jointly Operated Designated Money Trust 4 0.8 0.8 0.0 0.7 Credit Costs of Trust Accounts 5 － － － － NetFeeandCommissionIncome 6 92.6 7.8 100.5 7.7 92.8 NetTradingIncome 7 37.7 37.7 (16.9) 54.6 NetOtherOperatingIncome 8 2.5 0.2 2.7 (38.7) 41.5 GeneralandAdministrativeExpenses (excludingNon-RecurringLosses) 9 (228.7) (20.2) (249.0) 0.6 (249.7) NetBusinessProfits(beforeReversalof(Provisionfor)GeneralAllowancefor LoanLosses) (1) 10 204.8 11.1 216.0 11.5 204.4 NetBusinessProfits(beforeReversalof (Provisionfor)GeneralAllowancefor LoanLosses)fromcorebusinessareas (2) 11 209.1 11.1 220.2 50.0 170.2 Excluding Net Gains (Losses) from redemption of Investment Trusts 12 199.0 11.1 210.1 43.5 166.5 Reversalof(Provisionfor)GeneralAllowanceforLoanLosses 13 － － － － － NetBusinessProfits 14 204.8 11.1 216.0 11.5 204.4 Net Gains (Losses) related to Bonds 15 (4.2) 0.0 (4.2) (38.4) 34.2 NetNon-RecurringGains(Losses) 16 40.9 4.2 45.1 (9.6) 54.8 Net Gains (Losses) related to Stocks 17 38.5 2.6 41.1 (3.9) 45.1 Expenses related to Portfolio Problems 18 (17.1) － (17.1) (8.8) (8.2) Gains on Reversal of Allowances for Loan Losses, and others 19 24.3 0.5 24.9 18.2 6.7 Other 20 (4.7) 1.0 (3.7) (14.9) 11.2 OrdinaryProfits 21 245.7 15.4 261.2 1.8 259.3 NetExtraordinaryGains(Losses) 22 9.4 0.9 10.3 (31.2) 41.5 ProfitbeforeIncomeTaxes 23 255.2 16.3 271.5 (29.3) 300.8 IncomeTaxes 24 (67.9) (3.3) (71.2) 10.7 (82.0) Profit 25 187.2 12.9 200.2 (18.5) 218.7 (1)NetBusinessProfits(beforeReversalof(Provisionfor)GeneralAllowanceforLoanLosses)forMHTBexcludestheamountsof"CreditCostsofTrustAccounts"[5]. (2)NetBusinessProfits(beforeReversalof(Provisionfor)GeneralAllowanceforLoanLosses)fromcorebusinessareas[11] =NetBusinessProfits(beforeReversalof(Provisionfor)GeneralAllowanceforLoanLosses)[10]-NetGains(Losses)relatedtoBonds[15] Credit-relatedCosts 26 7.2 0.5 7.8 9.3 (1.4) Credit-relatedCosts[26]=ExpensesrelatedtoPortfolioProblems[18]+Reversalof(Provisionfor)GeneralAllowanceforLoanLosses[13] +GainsonReversalofAllowancesforLoanLosses,andothers[19]+CreditCostsofTrustAccounts[5] Reference:BreakdownofCredit-relatedCosts CreditCostsofTrustAccounts 27 － － － － Reversalof(Provisionfor)GeneralAllowanceforLoanLosses 28 4.9 0.5 5.4 (3.5) 9.0 LossesonWrite-offsofLoans 29 (11.1) 0.0 (11.1) (11.0) (0.0) Reversalof(Provisionfor)SpecificAllowanceforLoanLosses 30 (4.2) 0.0 (4.2) 4.0 (8.2) Reversalof (Provisionfor)AllowanceforLoanLossestoRestructuring Countries 31 22.8 － 22.8 20.4 2.4 Reversalof(Provisionfor)ReserveforContingencies 32 (4.8) － (4.8) (0.3) (4.5) Other(includingLossesonSalesofLoans) 33 (0.3) － (0.3) (0.2) (0.1) Total 34 7.2 0.5 7.8 9.3 (1.4) Mizuho Financial Group, Inc. 2-2
Page 16
2 2 2 2 2. . . . .N N N N Ne e e e et t t t tG G G G Ga a a a ai i i i in n n n ns s s s s/ / / / /L L L L Lo o o o os s s s ss s s s se e e e es s s s so o o o on n n n nS S S S St t t t to o o o oc c c c ck k k k ks s s s s C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d (Billionsofyen) FirstQuarterof Fiscal2025 FirstQuarterof Fiscal2024Change NetGains(Losses)relatedtoStocks 39.8 (5.4) 45.2 GainsonSales 53.4 (31.8) 85.3 LossesonSales (4.3) 34.0 (38.4) Impairment(Devaluation) (3.2) (1.1) (2.1) Reversalof(Provisionfor)AllowanceforInvestmentLosses 0.0 0.0 － Gains(Losses)onDerivativesotherthanforTrading (5.9) (6.4) 0.5 N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s FirstQuarterof Fiscal2025 FirstQuarterof Fiscal2024Change NetGains(Losses)relatedtoStocks 41.1 (3.9) 45.1 GainsonSales 49.7 (32.1) 81.8 LossesonSales (2.3) 34.4 (36.7) Impairment(Devaluation) (0.2) 0.2 (0.5) Reversalof(Provisionfor)AllowanceforInvestmentLosses 0.0 0.0 － Gains(Losses)onDerivativesotherthanforTrading (5.9) (6.4) 0.5 M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oB B B B Ba a a a an n n n nk k k k k FirstQuarterof Fiscal2025 FirstQuarterof Fiscal2024Change NetGains(Losses)relatedtoStocks 38.5 (5.0) 43.5 GainsonSales 46.9 (33.3) 80.2 LossesonSales (2.2) 34.4 (36.7) Impairment(Devaluation) (0.1) 0.3 (0.4) Reversalof(Provisionfor)AllowanceforInvestmentLosses 0.0 0.0 － Gains(Losses)onDerivativesotherthanforTrading (5.9) (6.4) 0.5 M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oT T T T Tr r r r ru u u u us s s s st t t t t& & & & &B B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g g FirstQuarterof Fiscal2025 FirstQuarterof Fiscal2024Change NetGains(Losses)relatedtoStocks 2.6 1.0 1.5 GainsonSales 2.7 1.1 1.6 LossesonSales (0.1) (0.0) (0.0) Impairment(Devaluation) (0.0) (0.0) (0.0) Reversalof(Provisionfor)AllowanceforInvestmentLosses － － － Gains(Losses)onDerivativesotherthanforTrading － － － Mizuho Financial Group, Inc. 2-3
Page 17
3 3 3 3 3. . . . .U U U U Un n n n nr r r r re e e e ea a a a al l l l li i i i iz z z z ze e e e ed d d d dG G G G Ga a a a ai i i i in n n n ns s s s s/ / / / /L L L L Lo o o o os s s s ss s s s se e e e es s s s so o o o on n n n nS S S S Se e e e ec c c c cu u u u ur r r r ri i i i it t t t ti i i i ie e e e es s s s s ■ ■ ■ ■ ■S S S S St t t t to o o o oc c c c ck k k k ks s s s sa a a a an n n n nd d d d do o o o ot t t t th h h h he e e e er r r r rs s s s sw w w w wi i i i it t t t th h h h ho o o o ou u u u ut t t t ta a a a aq q q q qu u u u uo o o o ot t t t te e e e ed d d d dm m m m ma a a a ar r r r rk k k k ke e e e et t t t tp p p p pr r r r ri i i i ic c c c ce e e e ea a a a an n n n nd d d d dI I I I In n n n nv v v v ve e e e es s s s st t t t tm m m m me e e e en n n n nt t t t ts s s s si i i i in n n n nP P P P Pa a a a ar r r r rt t t t tn n n n ne e e e er r r r rs s s s sh h h h hi i i i ip p p p ps s s s sa a a a ar r r r re e e e ee e e e ex x x x xc c c c cl l l l lu u u u ud d d d de e e e ed d d d d. . . . . C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d ( ( ( ( (1 1 1 1 1) ) ) ) )O O O O Ot t t t th h h h he e e e er r r r rS S S S Se e e e ec c c c cu u u u ur r r r ri i i i it t t t ti i i i ie e e e es s s s s (Billionsofyen) AsofJune30,2025 AsofMarch31,2025 BookValue UnrealizedGains/Losses BookValue UnrealizedGains/Losses (=FairValue) Gains Losses (=FairValue) Gains Losses MHFG (Consolidated) OtherSecurities 29,764.0 1,406.7 1,952.0 545.3 28,315.4 1,244.3 1,851.8 607.4 JapaneseStocks 2,683.5 1,878.1 1,883.9 5.7 2,602.8 1,785.4 1,791.9 6.4 JapaneseBonds 12,934.3 (67.6) 8.5 76.2 11,250.8 (79.6) 7.2 86.9 Japanese Government Bonds 10,129.6 (14.3) 1.4 15.8 8,370.4 (18.6) 0.0 18.7 Other 14,146.2 (403.7) 59.5 463.2 14,461.7 (461.3) 52.7 514.1 Foreign Bonds 11,410.5 (349.2) 19.0 368.3 12,116.5 (384.9) 18.3 403.2 *Inadditionto"Securities"ontheconsolidatedbalancesheets,NCDsin"CashandDuefromBanks,"certainitemsin"MonetaryClaimsBought"andcertainitemsin"OtherAssets"arealsoincluded. *OtherSecuritiesmainlyincludingForeignBondsarehedgedbyusingderivativeinstruments,whichapplythedeferredmethodofhedgeaccounting.DeferredHedgeGains/Lossesbeforetax adjustmentasofJune30,2025andMarch31,2025are¥(18.1)billion(ForeignBonds ¥17.0 billionandJapaneseGovernmentBonds¥0.4 billion)and¥33.5 billion(ForeignBonds ¥39.7 billionandJapaneseGovernmentBonds ¥0.9 billion),respectively.UnrealizedGains/LossesapplyingdeferredhedgingaccountingamonghedginginstrumentsasofJune30,2025andMarch31, 2025are¥1,388.5 billion(ForeignBonds ¥(332.2)billionandJapaneseGovernmentBonds ¥(13.9)billion)and¥1,277.9 billion(ForeignBonds ¥(345.2)billionandJapaneseGovernment Bonds ¥(17.6)billion),respectively. *UnrealizedGains/LossesonOtherSecuritiesasofJune30,2025andMarch31,2025includetranslationdifferencesandothersregardingstocksandotherswithoutaquotedmarketpriceand InvestmentsinPartnerships,andarerecordeddirectlytoNetAssetsaftertaxandconsolidationadjustments,excludingtheamountrecognizedintheconsolidatedbalancesheetbyapplyingthe fair-valuehedgeaccountingandothers. ( ( ( ( (2 2 2 2 2) ) ) ) )B B B B Bo o o o on n n n nd d d d ds s s s sH H H H He e e e el l l l ld d d d dt t t t to o o o oM M M M Ma a a a at t t t tu u u u ur r r r ri i i i it t t t ty y y y y (Billionsofyen) AsofJune30,2025 AsofMarch31,2025 BookValue UnrealizedGains/Losses BookValue UnrealizedGains/Losses Gains Losses Gains Losses MHFG(Consolidated) 4,057.8 (148.9) 20.8 169.7 4,183.1 (155.7) 23.2 179.0 Mizuho Financial Group, Inc. 2-4
Page 18
N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s ( ( ( ( (1 1 1 1 1) ) ) ) )O O O O Ot t t t th h h h he e e e er r r r rS S S S Se e e e ec c c c cu u u u ur r r r ri i i i it t t t ti i i i ie e e e es s s s s (Billionsofyen) AsofJune30,2025 AsofMarch31,2025 BookValue UnrealizedGains/Losses BookValue UnrealizedGains/Losses (=FairValue) Gains Losses (=FairValue) Gains Losses MHBK OtherSecurities 28,574.5 1,229.5 1,771.4 541.9 27,108.6 1,074.7 1,677.4 602.6 JapaneseStocks 2,442.5 1,701.1 1,705.6 4.5 2,370.4 1,616.3 1,621.5 5.2 JapaneseBonds 12,729.8 (66.8) 8.4 75.3 11,040.7 (78.5) 7.1 85.6 Japanese Government Bonds 10,018.6 (14.3) 1.4 15.7 8,260.5 (18.6) 0.0 18.7 Other 13,402.2 (404.6) 57.3 461.9 13,697.4 (462.9) 48.7 511.7 Foreign Bonds 10,811.2 (349.4) 17.5 367.0 11,465.4 (386.2) 15.0 401.2 MHTB OtherSecurities 304.6 102.7 103.4 0.7 303.0 97.4 98.5 1.0 JapaneseStocks 150.7 102.9 103.3 0.4 146.2 97.5 98.2 0.6 JapaneseBonds 149.7 (0.2) 0.0 0.2 152.5 (0.2) 0.1 0.3 Japanese Government Bonds 99.9 (0.0) － 0.0 98.7 (0.0) － 0.0 Other 4.1 0.0 0.0 0.0 4.3 0.0 0.1 0.0 Foreign Bonds － － － － － － － － Total OtherSecurities 28,879.2 1,332.2 1,874.9 542.6 27,411.7 1,172.2 1,775.9 603.6 JapaneseStocks 2,593.2 1,804.0 1,809.0 5.0 2,516.6 1,713.9 1,719.8 5.8 JapaneseBonds 12,879.5 (67.0) 8.5 75.6 11,193.3 (78.7) 7.2 86.0 Japanese Government Bonds 10,118.5 (14.3) 1.4 15.8 8,359.2 (18.6) 0.0 18.7 Other 13,406.3 (404.6) 57.3 462.0 13,701.7 (462.8) 48.8 511.7 Foreign Bonds 10,811.2 (349.4) 17.5 367.0 11,465.4 (386.2) 15.0 401.2 *Inadditionto"Securities"onthebalancesheets,NCDsin"CashandDuefromBanks"andcertainitemsin"MonetaryClaimsBought"arealsoincluded. *OtherSecuritiesmainlyincludingForeignBondsarehedgedbyusingderivativeinstruments,whichapplythedeferredmethodofhedgeaccounting.DeferredHedgeGains/Lossesbeforetax adjustment(aggregatefiguresforthe2banks)asofJune30,2025andMarch31,2025are¥(18.1)billion(ForeignBonds¥17.0 billionandJapaneseGovernmentBonds¥0.4 billion)and¥33.5 billion(ForeignBonds¥39.7 billionandJapaneseGovernmentBonds¥0.9 billion),respectively.UnrealizedGains/Lossesapplyingdeferredhedgingaccountingamonghedginginstruments (aggregatefiguresforthe2banks)asofJune30,2025andMarch31,2025are¥1,314.1 billion(ForeignBonds¥(332.4)billionandJapaneseGovernmentBonds¥(13.9)billion)and¥1,205.7 billion(ForeignBonds¥(346.4)billionandJapaneseGovernmentBonds ¥(17.6)billion),respectively. *UnrealizedGains/LossesonOtherSecuritiesasofJune30,2025andMarch31,2025includetranslationdifferencesandothersregardingstocksandotherswithoutaquotedmarketpriceand InvestmentsinPartnerships,andarerecordeddirectlytoNetAssetsaftertaxadjustment,excludingtheamountrecognizedinthebalancesheetbyapplyingthefair-valuehedgeaccounting. Mizuho Financial Group, Inc. 2-5
Page 19
( ( ( ( (2 2 2 2 2) ) ) ) )B B B B Bo o o o on n n n nd d d d ds s s s sH H H H He e e e el l l l ld d d d dt t t t to o o o oM M M M Ma a a a at t t t tu u u u ur r r r ri i i i it t t t ty y y y y (Billionsofyen) AsofJune30,2025 AsofMarch31,2025 BookValue UnrealizedGains/Losses BookValue UnrealizedGains/Losses Gains Losses Gains Losses MHBK 4,057.8 (148.9) 20.8 169.7 4,183.1 (155.7) 23.2 179.0 MHTB － － － － － － － － Total 4,057.8 (148.9) 20.8 169.7 4,183.1 (155.7) 23.2 179.0 ( ( ( ( (3 3 3 3 3) ) ) ) )I I I I In n n n nv v v v ve e e e es s s s st t t t tm m m m me e e e en n n n nt t t t ts s s s si i i i in n n n nS S S S Su u u u ub b b b bs s s s si i i i id d d d di i i i ia a a a ar r r r ri i i i ie e e e es s s s sa a a a an n n n nd d d d dA A A A Af f f f ff f f f fi i i i il l l l li i i i ia a a a at t t t te e e e es s s s s (Billionsofyen) AsofJune30,2025 AsofMarch31,2025 BookValue UnrealizedGains/Losses BookValue UnrealizedGains/Losses Gains Losses Gains Losses MHBK 106.1 374.9 374.9 － 106.1 276.5 276.5 － MHTB － － － － － － － － Total 106.1 374.9 374.9 － 106.1 276.5 276.5 － ( ( ( ( (R R R R Re e e e ef f f f fe e e e er r r r re e e e en n n n nc c c c ce e e e e) ) ) ) ) U U U U Un n n n nr r r r re e e e ea a a a al l l l li i i i iz z z z ze e e e ed d d d dG G G G Ga a a a ai i i i in n n n ns s s s s/ / / / /L L L L Lo o o o os s s s ss s s s se e e e es s s s so o o o on n n n nO O O O Ot t t t th h h h he e e e er r r r rS S S S Se e e e ec c c c cu u u u ur r r r ri i i i it t t t ti i i i ie e e e es s s s s ( ( ( ( (t t t t th h h h he e e e eb b b b ba a a a as s s s se e e e ea a a a am m m m mo o o o ou u u u un n n n nt t t t tt t t t to o o o ob b b b be e e e er r r r re e e e ec c c c co o o o or r r r rd d d d de e e e ed d d d dd d d d di i i i ir r r r re e e e ec c c c ct t t t tl l l l ly y y y yt t t t to o o o oN N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s sa a a a af f f f ft t t t te e e e er r r r rn n n n ne e e e ec c c c ce e e e es s s s ss s s s sa a a a ar r r r ry y y y ya a a a ad d d d dj j j j ju u u u us s s s st t t t tm m m m me e e e en n n n nt t t t ts s s s s) ) ) ) ) ForcertainOtherSecurities,UnrealizedGains/Losseswererecognizedinthestatementofincomebyapplyingthefair-valuehedgeaccountingandothers. UnrealizedGains/LossesonOtherSecuritiesafterexcludingsuchIncome/Loss(the"baseamount")arerecordeddirectlytoNetAssetsafternecessary adjustments. Thebaseamountsareasfollows: C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d (Billionsofyen) AsofJune30,2025 Asof March31,2025 UnrealizedGains/Losses Unrealized Gains/LossesChange OtherSecurities 1,372.0 161.7 1,210.3 JapaneseStocks 1,841.8 93.2 1,748.5 JapaneseBonds (67.6) 12.0 (79.6) Japanese Government Bonds (14.3) 4.2 (18.6) Other (402.1) 56.4 (458.5) Foreign Bonds (347.6) 34.3 (382.0) N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s (Billionsofyen) AsofJune30,2025 Asof March31,2025 UnrealizedGains/Losses Unrealized Gains/LossesChange OtherSecurities 1,296.7 160.6 1,136.1 JapaneseStocks 1,768.4 90.6 1,677.7 JapaneseBonds (67.0) 11.7 (78.7) Japanese Government Bonds (14.3) 4.2 (18.6) Other (404.6) 58.2 (462.8) Foreign Bonds (349.4) 36.7 (386.2) Mizuho Financial Group, Inc. 2-6
Page 20
4 4 4 4 4. . . . .S S S S St t t t ta a a a at t t t tu u u u us s s s so o o o of f f f fN N N N No o o o on n n n nP P P P Pe e e e er r r r rf f f f fo o o o or r r r rm m m m mi i i i in n n n ng g g g gL L L L Lo o o o oa a a a an n n n ns s s s sb b b b ba a a a as s s s se e e e ed d d d do o o o on n n n nt t t t th h h h he e e e eB B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g gA A A A Ac c c c ct t t t t( ( ( ( (" " " " "B B B B BA A A A A" " " " ") ) ) ) )a a a a an n n n nd d d d dt t t t th h h h he e e e e F F F F Fi i i i in n n n na a a a an n n n nc c c c ci i i i ia a a a al l l l lR R R R Re e e e ec c c c co o o o on n n n ns s s s st t t t tr r r r ru u u u uc c c c ct t t t ti i i i io o o o on n n n nA A A A Ac c c c ct t t t t( ( ( ( (" " " " "F F F F FR R R R RA A A A A" " " " ") ) ) ) ) C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d (Billionsofyen) Asof June30,2025 Asof March31,2025Change ClaimsagainstBankruptandSubstantially BankruptObligors 29.2 (3.2) 32.4 ClaimswithCollectionRisk 344.8 (231.3) 576.2 ClaimsforSpecialAttention 419.2 (19.4) 438.6 LoansPastDuefor3MonthsorMore 0.3 0.0 0.2 RestructuredLoans 418.8 (19.4) 438.3 Sub-total[1] 793.2 (254.0) 1,047.3 NormalClaims 106,595.7 165.5 106,430.1 Total[2] 107,389.0 (88.4) 107,477.4 Abovefiguresarepresentednetofpartialdirectwrite-offs,theamountsofwhichareindicatedinthetablebelow. AmountofPartialDirectWrite-offs 319.6 223.6 95.9 (%) NPLratio[1]/[2] 0.73 (0.23) 0.97 T T T T Tr r r r ru u u u us s s s st t t t tA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t (Billionsofyen) Asof June30,2025 Asof March31,2025Change ClaimsagainstBankruptandSubstantially BankruptObligors － － － ClaimswithCollectionRisk － － － ClaimsforSpecialAttention － － － LoansPastDuefor3MonthsorMore － － － RestructuredLoans － － － Sub-total[3] － － － NormalClaims 1.3 (0.0) 1.3 Total[4] 1.3 (0.0) 1.3 (%) NPLratio[3]/[4] － － － Mizuho Financial Group, Inc. 2-7
Page 21
C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d+ + + + +T T T T Tr r r r ru u u u us s s s st t t t tA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t (Billionsofyen) Asof June30,2025 Asof March31,2025Change ClaimsagainstBankruptandSubstantially BankruptObligors 29.2 (3.2) 32.4 ClaimswithCollectionRisk 344.8 (231.3) 576.2 ClaimsforSpecialAttention 419.2 (19.4) 438.6 LoansPastDuefor3MonthsorMore 0.3 0.0 0.2 RestructuredLoans 418.8 (19.4) 438.3 Sub-total[5] 793.2 (254.0) 1,047.3 NormalClaims 106,597.0 165.4 106,431.5 Total[6] 107,390.3 (88.5) 107,478.8 Abovefiguresarepresentednetofpartialdirectwrite-offs,theamountsofwhichareindicatedinthetablebelow. AmountofPartialDirectWrite-offs 319.6 223.6 95.9 (%) NPLratio[5]/[6] 0.73 (0.23) 0.97 Trustaccountrepresentstrustaccountsthatguaranteeprincipalsintheagreement. Mizuho Financial Group, Inc. 2-8
Page 22
N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s ( ( ( ( (B B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g gA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t+ + + + +T T T T Tr r r r ru u u u us s s s st t t t tA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t) ) ) ) ) (Billionsofyen) Asof June30,2025 Asof March31,2025Change ClaimsagainstBankruptandSubstantially BankruptObligors 29.3 7.1 22.2 ClaimswithCollectionRisk 331.8 (237.5) 569.3 ClaimsforSpecialAttention 407.6 (19.2) 426.9 LoansPastDuefor3MonthsorMore 0.3 0.0 0.2 RestructuredLoans 407.3 (19.3) 426.6 Sub-total[1] 768.8 (249.6) 1,018.5 NormalClaims 108,297.6 238.8 108,058.7 Total[2] 109,066.4 (10.8) 109,077.3 Abovefiguresarepresentednetofpartialdirectwrite-offs,theamountsofwhichareindicatedinthetablebelow. AmountofPartialDirectWrite-offs 317.3 223.3 94.0 (%) NPLratio[1]/[2] 0.70 (0.22) 0.93 M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oB B B B Ba a a a an n n n nk k k k k (Billionsofyen) ClaimsagainstBankruptandSubstantially BankruptObligors 29.3 7.1 22.1 ClaimswithCollectionRisk 327.4 (234.3) 561.7 ClaimsforSpecialAttention 402.1 (17.3) 419.4 LoansPastDuefor3MonthsorMore 0.3 0.0 0.2 RestructuredLoans 401.8 (17.3) 419.1 Sub-total[3] 758.8 (244.5) 1,003.4 NormalClaims 105,750.4 271.4 105,478.9 Total[4] 106,509.3 26.9 106,482.3 Abovefiguresarepresentednetofpartialdirectwrite-offs,theamountsofwhichareindicatedinthetablebelow. AmountofPartialDirectWrite-offs 317.0 223.3 93.7 (%) NPLratio[3]/[4] 0.71 (0.22) 0.94 Mizuho Financial Group, Inc. 2-9
Page 23
M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oT T T T Tr r r r ru u u u us s s s st t t t t& & & & &B B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g g ( ( ( ( (B B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g gA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t) ) ) ) ) (Billionsofyen) ClaimsagainstBankruptandSubstantially BankruptObligors 0.0 (0.0) 0.0 ClaimswithCollectionRisk 4.3 (3.1) 7.5 ClaimsforSpecialAttention 5.5 (1.9) 7.4 LoansPastDuefor3MonthsorMore － － － RestructuredLoans 5.5 (1.9) 7.4 Sub-total[5] 9.9 (5.1) 15.1 NormalClaims 2,545.8 (32.5) 2,578.4 Total[6] 2,555.8 (37.7) 2,593.5 Abovefiguresarepresentednetofpartialdirectwrite-offs,theamountsofwhichareindicatedinthetablebelow. AmountofPartialDirectWrite-offs 0.2 (0.0) 0.2 (%) NPLratio[5]/[6] 0.39 (0.19) 0.58 ( ( ( ( (T T T T Tr r r r ru u u u us s s s st t t t tA A A A Ac c c c cc c c c co o o o ou u u u un n n n nt t t t t) ) ) ) ) (Billionsofyen) ClaimsagainstBankruptandSubstantially BankruptObligors － － － ClaimswithCollectionRisk － － － ClaimsforSpecialAttention － － － LoansPastDuefor3MonthsorMore － － － RestructuredLoans － － － Sub-total[7] － － － NormalClaims 1.3 (0.0) 1.3 Total[8] 1.3 (0.0) 1.3 (%) NPLratio[7]/[8] － － － Trustaccountrepresentstrustaccountsthatguaranteeprincipalsintheagreement. Mizuho Financial Group, Inc. 2-10
Page 24
5 5 5 5 5. . . . .S S S S St t t t ta a a a at t t t tu u u u us s s s so o o o of f f f fD D D D De e e e ep p p p po o o o os s s s si i i i it t t t ts s s s sa a a a an n n n nd d d d dL L L L Lo o o o oa a a a an n n n ns s s s s N N N N No o o o on n n n n- - - - -C C C C Co o o o on n n n ns s s s so o o o ol l l l li i i i id d d d da a a a at t t t te e e e ed d d d d ( ( ( ( (1 1 1 1 1) ) ) ) )- - - - -1 1 1 1 1D D D D De e e e ep p p p po o o o os s s s si i i i it t t t ts s s s s (Billionsofyen) A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s Asof June30,2025 Asof March31,2025Change MHBK 152,561.1 (486.7) 153,047.8 MHTB 1,752.6 (130.0) 1,882.7 Total 154,313.7 (616.8) 154,930.5 ( ( ( ( (1 1 1 1 1) ) ) ) )- - - - -2 2 2 2 2D D D D Do o o o om m m m me e e e es s s s st t t t ti i i i ic c c c cD D D D De e e e ep p p p po o o o os s s s si i i i it t t t ts s s s s (Billionsofyen) A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s Asof June30,2025 Asof March31,2025Change MHBK 120,507.2 (1,709.8) 122,217.0 Individual deposits 48,726.4 392.2 48,334.1 MHTB 1,752.6 (130.0) 1,882.7 Individual deposits 694.8 (0.9) 695.8 Total 122,259.9 (1,839.8) 124,099.8 Individual deposits 49,421.3 391.3 49,030.0 Note:Abovefiguresdonotincludedepositsbookedatoverseasofficesandoffshoredeposits. ( ( ( ( (2 2 2 2 2) ) ) ) )L L L L Lo o o o oa a a a an n n n ns s s s sa a a a an n n n nd d d d dB B B B Bi i i i il l l l ll l l l ls s s s sD D D D Di i i i is s s s sc c c c co o o o ou u u u un n n n nt t t t te e e e ed d d d d (Billionsofyen) A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s Asof June30,2025 Asof March31,2025Change MHBK 91,509.5 (105.7) 91,615.2 MHTB 2,537.2 (38.0) 2,575.2 Total 94,046.7 (143.7) 94,190.4 Note:LoanstoMHFGareincludedasfollows: AsofJune30,2025:¥265.0billion(fromMHBK) AsofMarch31,2025:¥530.0billion(fromMHBK) Mizuho Financial Group, Inc. 2-11
Page 25
( ( ( ( (3 3 3 3 3) ) ) ) )I I I I In n n n nt t t t te e e e er r r r re e e e es s s s st t t t tM M M M Ma a a a ar r r r rg g g g gi i i i in n n n ns s s s s( ( ( ( (D D D D Do o o o om m m m me e e e es s s s st t t t ti i i i ic c c c cO O O O Op p p p pe e e e er r r r ra a a a at t t t ti i i i io o o o on n n n ns s s s s) ) ) ) ) (%) M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oB B B B Ba a a a an n n n nk k k k k FirstQuarterof Fiscal2025 (Forthethreemonths) FirstQuarterof Fiscal2024 (Forthethreemonths)Change ReturnonLoansandBillsDiscounted 1 1.21 0.36 0.85 CostofDeposits 2 0.17 0.15 0.01 LoanandDepositRateMargin[1]-[2] 3 1.04 0.20 0.83 Notes:1.ReturnonLoansandBillsDiscountedexcludesloanstofinancialinstitutions(includingMHFG). 2.DepositsincludeNCDs. (Reference)AfterexcludingLoanstotheJapanesegovernmentandothers ReturnonLoansandBillsDiscounted 4 1.25 0.38 0.87 LoanandDepositRateMargin[4]-[2] 5 1.08 0.22 0.86 (%) M M M M Mi i i i iz z z z zu u u u uh h h h ho o o o oT T T T Tr r r r ru u u u us s s s st t t t t& & & & &B B B B Ba a a a an n n n nk k k k ki i i i in n n n ng g g g g FirstQuarterof Fiscal2025 (Forthethreemonths) FirstQuarterof Fiscal2024 (Forthethreemonths)Change ReturnonLoansandBillsDiscounted 6 1.02 0.31 0.70 CostofDeposits 7 0.21 0.19 0.02 LoanandDepositRateMargin[6]-[7] 8 0.80 0.12 0.68 Notes:1.ReturnonLoansandBillsDiscountedexcludesloanstofinancialinstitutions(includingMHFG). 2.DepositsincludeNCDs. (Reference)AfterexcludingLoanstotheJapanesegovernmentandothers ReturnonLoansandBillsDiscounted 9 1.02 0.31 0.70 LoanandDepositRateMargin[9]-[7] 10 0.80 0.12 0.68 (Reference) (%) A A A A Ag g g g gg g g g gr r r r re e e e eg g g g ga a a a at t t t te e e e eF F F F Fi i i i ig g g g gu u u u ur r r r re e e e es s s s sf f f f fo o o o or r r r rt t t t th h h h he e e e e2 2 2 2 2B B B B Ba a a a an n n n nk k k k ks s s s s FirstQuarterof Fiscal2025 (Forthethreemonths) FirstQuarterof Fiscal2024 (Forthethreemonths)Change ReturnonLoansandBillsDiscounted 11 1.20 0.36 0.84 CostofDeposits 12 0.17 0.15 0.01 LoanandDepositRateMargin[11]-[12] 13 1.03 0.20 0.82 Notes:1.ReturnonLoansandBillsDiscountedexcludesloanstofinancialinstitutions(includingMHFG). 2.DepositsincludeNCDs. (Reference)AfterexcludingLoanstotheJapanesegovernmentandothers ReturnonLoansandBillsDiscounted 14 1.24 0.37 0.86 LoanandDepositRateMargin[14]-[12] 15 1.07 0.22 0.85 Mizuho Financial Group, Inc. 2-12
Page 26
( ( ( ( (A A A A At t t t tt t t t ta a a a ac c c c ch h h h hm m m m me e e e en n n n nt t t t ts s s s s) ) ) ) ) C C C C CO O O O OM M M M MP P P P PA A A A AR R R R RI I I I IS S S S SO O O O ON N N N NO O O O OF F F F FN N N N NO O O O ON N N N N- - - - -C C C C CO O O O ON N N N NS S S S SO O O O OL L L L LI I I I ID D D D DA A A A AT T T T TE E E E ED D D D DB B B B BA A A A AL L L L LA A A A AN N N N NC C C C CE E E E ES S S S SH H H H HE E E E EE E E E ET T T T TS S S S S( ( ( ( (s s s s se e e e el l l l le e e e ec c c c ct t t t te e e e ed d d d di i i i it t t t te e e e em m m m ms s s s s) ) ) ) ) O O O O OF F F F FM M M M MI I I I IZ Z Z Z ZU U U U UH H H H HO O O O OB B B B BA A A A AN N N N NK K K K K Millions of yen A A A A As s s s so o o o of f f f f J J J J Ju u u u un n n n ne e e e e3 3 3 3 30 0 0 0 0, , , , , 2 2 2 2 20 0 0 0 02 2 2 2 25 5 5 5 5( ( ( ( (A A A A A) ) ) ) ) Asof March31, 2025(B) Change (A)-(B) A A A A As s s s ss s s s se e e e et t t t ts s s s s CashandDuefromBanks ¥ ¥ ¥ ¥ ¥ 6 6 6 6 62 2 2 2 2, , , , ,4 4 4 4 43 3 3 3 34 4 4 4 4, , , , ,8 8 8 8 81 1 1 1 16 6 6 6 6¥ 69,747,184 ¥ (7,312,368) CallLoans 2 2 2 2 20 0 0 0 00 0 0 0 0, , , , ,6 6 6 6 68 8 8 8 81 1 1 1 1 249,360 (48,679) ReceivablesunderResaleAgreements 1 1 1 1 10 0 0 0 0, , , , ,9 9 9 9 95 5 5 5 50 0 0 0 0, , , , ,6 6 6 6 67 7 7 7 75 5 5 5 5 10,023,199 927,476 GuaranteeDepositsPaidunderSecuritiesBorrowingTransactions 1 1 1 1 12 2 2 2 23 3 3 3 3, , , , ,4 4 4 4 49 9 9 9 92 2 2 2 2 127,638 (4,146) MonetaryClaimsBought 5 5 5 5 50 0 0 0 02 2 2 2 2, , , , ,2 2 2 2 25 5 5 5 51 1 1 1 1 493,032 9,219 TradingAssets 8 8 8 8 8, , , , ,3 3 3 3 36 6 6 6 69 9 9 9 9, , , , ,7 7 7 7 72 2 2 2 28 8 8 8 8 7,782,207 587,520 MoneyHeldinTrust 5 5 5 5 50 0 0 0 05 5 5 5 5 505 (0) Securities 3 3 3 3 35 5 5 5 5, , , , ,7 7 7 7 79 9 9 9 96 6 6 6 6, , , , ,7 7 7 7 70 0 0 0 06 6 6 6 6 34,405,103 1,391,603 LoansandBillsDiscounted 9 9 9 9 91 1 1 1 1, , , , ,5 5 5 5 50 0 0 0 09 9 9 9 9, , , , ,5 5 5 5 50 0 0 0 06 6 6 6 6 91,615,228 (105,721) ForeignExchanges 2 2 2 2 2, , , , ,1 1 1 1 14 4 4 4 40 0 0 0 0, , , , ,3 3 3 3 30 0 0 0 01 1 1 1 1 2,042,083 98,217 DerivativesotherthanforTradingAssets 5 5 5 5 5, , , , ,4 4 4 4 43 3 3 3 39 9 9 9 9, , , , ,7 7 7 7 70 0 0 0 00 0 0 0 0 6,066,571 (626,870) OtherAssets 5 5 5 5 5, , , , ,8 8 8 8 84 4 4 4 44 4 4 4 4, , , , ,5 5 5 5 50 0 0 0 07 7 7 7 7 5,558,146 286,360 TangibleFixedAssets 8 8 8 8 85 5 5 5 54 4 4 4 4, , , , ,0 0 0 0 08 8 8 8 88 8 8 8 8 855,824 (1,736) IntangibleFixedAssets 5 5 5 5 51 1 1 1 13 3 3 3 3, , , , ,8 8 8 8 88 8 8 8 84 4 4 4 4 505,728 8,155 PrepaidPensionCost 3 3 3 3 38 8 8 8 82 2 2 2 2, , , , ,7 7 7 7 70 0 0 0 05 5 5 5 5 375,645 7,060 DeferredTaxAssets 2 2 2 2 24 4 4 4 42 2 2 2 2, , , , ,7 7 7 7 72 2 2 2 21 1 1 1 1 276,640 (33,919) Customers'LiabilitiesforAcceptancesandGuarantees 1 1 1 1 11 1 1 1 1, , , , ,5 5 5 5 58 8 8 8 88 8 8 8 8, , , , ,9 9 9 9 95 5 5 5 59 9 9 9 9 11,573,662 15,297 AllowanceforLoanLosses ( ( ( ( (4 4 4 4 47 7 7 7 78 8 8 8 8, , , , ,9 9 9 9 90 0 0 0 04 4 4 4 4) ) ) ) ) (719,269) 240,365 AllowanceforInvestmentLosses － (2) 2 T T T T To o o o ot t t t ta a a a al l l l lA A A A As s s s ss s s s se e e e et t t t ts s s s s ¥ ¥ ¥ ¥ ¥ 2 2 2 2 23 3 3 3 36 6 6 6 6, , , , ,4 4 4 4 41 1 1 1 16 6 6 6 6, , , , ,3 3 3 3 32 2 2 2 29 9 9 9 9¥ 240,978,492 ¥ (4,562,163) L L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s s Deposits ¥ ¥ ¥ ¥ ¥ 1 1 1 1 15 5 5 5 52 2 2 2 2, , , , ,5 5 5 5 56 6 6 6 61 1 1 1 1, , , , ,1 1 1 1 11 1 1 1 14 4 4 4 4¥ 153,047,861 ¥ (486,746) NegotiableCertificatesofDeposit 1 1 1 1 12 2 2 2 2, , , , ,8 8 8 8 81 1 1 1 13 3 3 3 3, , , , ,1 1 1 1 12 2 2 2 27 7 7 7 7 14,052,123 (1,238,996) CallMoney 2 2 2 2 2, , , , ,2 2 2 2 21 1 1 1 10 0 0 0 0, , , , ,7 7 7 7 76 6 6 6 68 8 8 8 8 2,169,376 41,391 PayablesunderRepurchaseAgreements 1 1 1 1 16 6 6 6 6, , , , ,6 6 6 6 62 2 2 2 20 0 0 0 0, , , , ,8 8 8 8 87 7 7 7 78 8 8 8 8 19,411,662 (2,790,783) GuaranteeDepositsReceivedunderSecuritiesLendingTransactions 5 5 5 5 50 0 0 0 03 3 3 3 3, , , , ,2 2 2 2 28 8 8 8 88 8 8 8 8 356,931 146,356 CommercialPaper 1 1 1 1 1, , , , ,8 8 8 8 87 7 7 7 72 2 2 2 2, , , , ,3 3 3 3 32 2 2 2 23 3 3 3 3 2,138,133 (265,809) TradingLiabilities 5 5 5 5 5, , , , ,2 2 2 2 27 7 7 7 75 5 5 5 5, , , , ,6 6 6 6 69 9 9 9 94 4 4 4 4 5,646,893 (371,198) BorrowedMoney 1 1 1 1 12 2 2 2 2, , , , ,6 6 6 6 66 6 6 6 65 5 5 5 5, , , , ,9 9 9 9 96 6 6 6 61 1 1 1 1 12,955,564 (289,602) ForeignExchanges 1 1 1 1 1, , , , ,6 6 6 6 64 4 4 4 43 3 3 3 3, , , , ,9 9 9 9 98 8 8 8 80 0 0 0 0 1,061,680 582,300 BondsandNotes 5 5 5 5 51 1 1 1 10 0 0 0 0, , , , ,8 8 8 8 80 0 0 0 06 6 6 6 6 407,973 102,833 DerivativesotherthanforTradingLiabilities 6 6 6 6 6, , , , ,4 4 4 4 46 6 6 6 67 7 7 7 7, , , , ,8 8 8 8 82 2 2 2 28 8 8 8 8 7,147,566 (679,737) OtherLiabilities 5 5 5 5 5, , , , ,0 0 0 0 00 0 0 0 04 4 4 4 4, , , , ,7 7 7 7 70 0 0 0 07 7 7 7 7 4,115,826 888,881 ReserveforBonusPayments 1 1 1 1 18 8 8 8 8, , , , ,0 0 0 0 02 2 2 2 24 4 4 4 4 54,510 (36,485) ReserveforVariableCompensation 7 7 7 7 79 9 9 9 90 0 0 0 0 587 202 ReserveforPossibleLossesonSalesofLoans 9 9 9 9 93 3 3 3 33 3 3 3 3 1,266 (333) ReserveforContingencies 1 1 1 1 13 3 3 3 3, , , , ,3 3 3 3 33 3 3 3 36 6 6 6 6 8,616 4,720 ReserveforReimbursementofDeposits 6 6 6 6 6, , , , ,2 2 2 2 20 0 0 0 09 9 9 9 9 6,814 (605) ReserveforReimbursementofDebentures 1 1 1 1 17 7 7 7 7, , , , ,5 5 5 5 52 2 2 2 24 4 4 4 4 19,965 (2,441) DeferredTaxLiabilitiesforRevaluationReserveforLand 4 4 4 4 45 5 5 5 5, , , , ,3 3 3 3 31 1 1 1 14 4 4 4 4 47,059 (1,744) AcceptancesandGuarantees 1 1 1 1 11 1 1 1 1, , , , ,5 5 5 5 58 8 8 8 88 8 8 8 8, , , , ,9 9 9 9 95 5 5 5 59 9 9 9 9 11,573,662 15,297 T T T T To o o o ot t t t ta a a a al l l l lL L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s s 2 2 2 2 22 2 2 2 29 9 9 9 9, , , , ,8 8 8 8 84 4 4 4 41 1 1 1 1, , , , ,5 5 5 5 57 7 7 7 73 3 3 3 3 234,224,077 (4,382,503) N N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s CommonStockandPreferredStock 1 1 1 1 1, , , , ,4 4 4 4 40 0 0 0 04 4 4 4 4, , , , ,0 0 0 0 06 6 6 6 65 5 5 5 5 1,404,065 － CapitalSurplus 2 2 2 2 2, , , , ,2 2 2 2 25 5 5 5 59 9 9 9 9, , , , ,3 3 3 3 39 9 9 9 92 2 2 2 2 2,259,392 － CapitalReserve 6 6 6 6 66 6 6 6 60 0 0 0 0, , , , ,8 8 8 8 80 0 0 0 05 5 5 5 5 660,805 － OtherCapitalSurplus 1 1 1 1 1, , , , ,5 5 5 5 59 9 9 9 98 8 8 8 8, , , , ,5 5 5 5 58 8 8 8 87 7 7 7 7 1,598,587 － RetainedEarnings 2 2 2 2 2, , , , ,4 4 4 4 40 0 0 0 06 6 6 6 6, , , , ,7 7 7 7 73 3 3 3 39 9 9 9 9 2,715,665 (308,926) AppropriatedReserve 7 7 7 7 72 2 2 2 24 4 4 4 4, , , , ,5 5 5 5 53 3 3 3 35 5 5 5 5 624,534 100,000 OtherRetainedEarnings 1 1 1 1 1, , , , ,6 6 6 6 68 8 8 8 82 2 2 2 2, , , , ,2 2 2 2 20 0 0 0 03 3 3 3 3 2,091,130 (408,927) RetainedEarningsBroughtForward 1 1 1 1 1, , , , ,6 6 6 6 68 8 8 8 82 2 2 2 2, , , , ,2 2 2 2 20 0 0 0 03 3 3 3 3 2,091,130 (408,927) T T T T To o o o ot t t t ta a a a al l l l lS S S S Sh h h h ha a a a ar r r r re e e e eh h h h ho o o o ol l l l ld d d d de e e e er r r r rs s s s s’ ’ ’ ’ ’E E E E Eq q q q qu u u u ui i i i it t t t ty y y y y 6 6 6 6 6, , , , ,0 0 0 0 07 7 7 7 70 0 0 0 0, , , , ,1 1 1 1 19 9 9 9 96 6 6 6 6 6,379,123 (308,926) NetUnrealizedGains(Losses)onOtherSecurities,netofTaxes 8 8 8 8 85 5 5 5 58 8 8 8 8, , , , ,7 7 7 7 77 7 7 7 77 7 7 7 7 752,993 105,784 NetDeferredHedgeGains(Losses),netofTaxes ( ( ( ( (4 4 4 4 44 4 4 4 49 9 9 9 9, , , , ,1 1 1 1 11 1 1 1 13 3 3 3 3) ) ) ) ) (476,383) 27,270 RevaluationReserveforLand,netofTaxes 9 9 9 9 94 4 4 4 4, , , , ,8 8 8 8 89 9 9 9 94 4 4 4 4 98,682 (3,787) T T T T To o o o ot t t t ta a a a al l l l lV V V V Va a a a al l l l lu u u u ua a a a at t t t ti i i i io o o o on n n n na a a a an n n n nd d d d dT T T T Tr r r r ra a a a an n n n ns s s s sl l l l la a a a at t t t ti i i i io o o o on n n n nA A A A Ad d d d dj j j j ju u u u us s s s st t t t tm m m m me e e e en n n n nt t t t ts s s s s 5 5 5 5 50 0 0 0 04 4 4 4 4, , , , ,5 5 5 5 55 5 5 5 58 8 8 8 8 375,291 129,266 T T T T To o o o ot t t t ta a a a al l l l lN N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s 6 6 6 6 6, , , , ,5 5 5 5 57 7 7 7 74 4 4 4 4, , , , ,7 7 7 7 75 5 5 5 55 5 5 5 5 6,754,415 (179,659) T T T T To o o o ot t t t ta a a a al l l l lL L L L Li i i i ia a a a ab b b b bi i i i il l l l li i i i it t t t ti i i i ie e e e es s s s sa a a a an n n n nd d d d dN N N N Ne e e e et t t t tA A A A As s s s ss s s s se e e e et t t t ts s s s s ¥ ¥ ¥ ¥ ¥ 2 2 2 2 23 3 3 3 36 6 6 6 6, , , , ,4 4 4 4 41 1 1 1 16 6 6 6 6, , , , ,3 3 3 3 32 2 2 2 29 9 9 9 9¥ 240,978,492 ¥ (4,562,163) Mizuho Financial Group, Inc. 2-13
Page 27
C C C C CO O O O OM M M M MP P P P PA A A A AR R R R RI I I I IS S S S SO O O O ON N N N NO O O O OF F F F FN N N N NO O O O ON N N N N- - - - -C C C C CO O O O ON N N N NS S S S SO O O O OL L L L LI I I I ID D D D DA A A A AT T T T TE E E E ED D D D DS S S S ST T T T TA A A A AT T T T TE E E E EM M M M ME E E E EN N N N NT T T T TS S S S SO O O O OF F F F FI I I I IN N N N NC C C C CO O O O OM M M M ME E E E E ( ( ( ( (s s s s se e e e el l l l le e e e ec c c c ct t t t te e e e ed d d d di i i i it t t t te e e e em m m m ms s s s s) ) ) ) )O O O O OF F F F FM M M M MI I I I IZ Z Z Z ZU U U U UH H H H HO O O O OB B B B BA A A A AN N N N NK K K K K Millions of yen F F F F Fo o o o or r r r rt t t t th h h h he e e e et t t t th h h h hr r r r re e e e ee e e e em m m m mo o o o on n n n nt t t t th h h h hs s s s s e e e e en n n n nd d d d de e e e ed d d d d J J J J Ju u u u un n n n ne e e e e3 3 3 3 30 0 0 0 0, , , , ,2 2 2 2 20 0 0 0 02 2 2 2 25 5 5 5 5 ( ( ( ( (A A A A A) ) ) ) ) Forthethreemonths ended June30,2024 (B) Change (A)-(B) O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yI I I I In n n n nc c c c co o o o om m m m me e e e e ¥ ¥ ¥ ¥ ¥ 1 1 1 1 1, , , , ,4 4 4 4 48 8 8 8 84 4 4 4 4, , , , ,9 9 9 9 95 5 5 5 54 4 4 4 4¥ 1,697,297 ¥ (212,343) InterestIncome 1 1 1 1 1, , , , ,1 1 1 1 16 6 6 6 64 4 4 4 4, , , , ,0 0 0 0 02 2 2 2 27 7 7 7 7 1,325,095 (161,068) Interest on Loans and Bills Discounted 6 6 6 6 60 0 0 0 05 5 5 5 5, , , , ,0 0 0 0 09 9 9 9 96 6 6 6 6 688,819 (83,723) Interest and Dividends on Securities 1 1 1 1 19 9 9 9 92 2 2 2 2, , , , ,8 8 8 8 89 9 9 9 93 3 3 3 3 192,853 39 FeeandCommissionIncome 1 1 1 1 16 6 6 6 62 2 2 2 2, , , , ,2 2 2 2 27 7 7 7 76 6 6 6 6 155,703 6,573 TradingIncome 3 3 3 3 38 8 8 8 8, , , , ,5 5 5 5 59 9 9 9 91 1 1 1 1 54,685 (16,093) OtherOperatingIncome 4 4 4 4 43 3 3 3 3, , , , ,1 1 1 1 19 9 9 9 90 0 0 0 0 66,467 (23,277) OtherOrdinaryIncome 7 7 7 7 76 6 6 6 6, , , , ,8 8 8 8 86 6 6 6 68 8 8 8 8 95,345 (18,476) O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yE E E E Ex x x x xp p p p pe e e e en n n n ns s s s se e e e es s s s s 1 1 1 1 1, , , , ,2 2 2 2 23 3 3 3 39 9 9 9 9, , , , ,1 1 1 1 16 6 6 6 60 0 0 0 0 1,443,651 (204,491) InterestExpenses 8 8 8 8 86 6 6 6 63 3 3 3 3, , , , ,3 3 3 3 37 7 7 7 72 2 2 2 2 1,080,202 (216,829) Interest on Deposits 3 3 3 3 36 6 6 6 68 8 8 8 8, , , , ,4 4 4 4 47 7 7 7 71 1 1 1 1 457,167 (88,696) FeeandCommissionExpenses 6 6 6 6 69 9 9 9 9, , , , ,6 6 6 6 60 0 0 0 07 7 7 7 7 67,171 2,436 TradingExpenses 8 8 8 8 83 3 3 3 34 4 4 4 4 － 834 OtherOperatingExpenses 4 4 4 4 40 0 0 0 0, , , , ,6 6 6 6 67 7 7 7 77 7 7 7 7 24,892 15,785 GeneralandAdministrativeExpenses 2 2 2 2 22 2 2 2 25 5 5 5 5, , , , ,5 5 5 5 51 1 1 1 12 2 2 2 2 220,476 5,036 OtherOrdinaryExpenses 3 3 3 3 39 9 9 9 9, , , , ,1 1 1 1 15 5 5 5 55 5 5 5 5 50,909 (11,754) O O O O Or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yP P P P Pr r r r ro o o o of f f f fi i i i it t t t ts s s s s 2 2 2 2 24 4 4 4 45 5 5 5 5, , , , ,7 7 7 7 79 9 9 9 93 3 3 3 3 253,645 (7,851) E E E E Ex x x x xt t t t tr r r r ra a a a ao o o o or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yG G G G Ga a a a ai i i i in n n n ns s s s s 1 1 1 1 11 1 1 1 1, , , , ,3 3 3 3 39 9 9 9 95 5 5 5 5 42,911 (31,515) E E E E Ex x x x xt t t t tr r r r ra a a a ao o o o or r r r rd d d d di i i i in n n n na a a a ar r r r ry y y y yL L L L Lo o o o os s s s ss s s s se e e e es s s s s 1 1 1 1 1, , , , ,9 9 9 9 96 6 6 6 69 9 9 9 9 2,042 (73) P P P P Pr r r r ro o o o of f f f fi i i i it t t t tb b b b be e e e ef f f f fo o o o or r r r re e e e eI I I I In n n n nc c c c co o o o om m m m me e e e eT T T T Ta a a a ax x x x xe e e e es s s s s 2 2 2 2 25 5 5 5 55 5 5 5 5, , , , ,2 2 2 2 22 2 2 2 20 0 0 0 0 294,514 (39,294) IncomeTaxes: Current 9 9 9 9 90 0 0 0 0, , , , ,0 0 0 0 02 2 2 2 26 6 6 6 6 95,118 (5,092) Deferred ( ( ( ( (2 2 2 2 22 2 2 2 2, , , , ,0 0 0 0 09 9 9 9 96 6 6 6 6) ) ) ) ) (14,974) (7,121) P P P P Pr r r r ro o o o of f f f fi i i i it t t t t ¥ ¥ ¥ ¥ ¥ 1 1 1 1 18 8 8 8 87 7 7 7 7, , , , ,2 2 2 2 29 9 9 9 90 0 0 0 0¥ 214,369 ¥ (27,079) Mizuho Financial Group, Inc. 2-14