Mizuho Financial Group(US:MFG)2025-11-14 11:41Financial Performance - Consolidated ordinary income for the first half of fiscal 2025 was ¥4,337,537 million, a decrease of 5.4% compared to the previous year[8] - Profit attributable to owners of the parent for the first half of fiscal 2025 was ¥689,947 million, an increase of 21.8% year-over-year[8] - Comprehensive income for the first half of fiscal 2025 was ¥845,578 million, a significant increase of 42.8% compared to ¥591,838 million in the previous year[9] - Profit before income taxes for the six months ended September 30, 2025, was ¥898,716 million, compared to ¥791,158 million for the same period in 2024, indicating an increase of approximately 13.6%[28] - Ordinary profits amounted to ¥849,626 million, an increase of ¥102,547 million from ¥747,079 million in the first half of fiscal 2024[44] - Profit before income taxes rose to ¥638,931 million, an increase of ¥79,546 million compared to ¥559,384 million for the six months ended September 30, 2024[148] Assets and Liabilities - Total assets as of September 30, 2025, were ¥288,757,081 million, up from ¥283,320,404 million as of March 31, 2025[10] - Total liabilities as of September 30, 2025, amounted to ¥277,681,073 million, an increase from ¥272,796,651 million as of March 31, 2025, indicating a growth of approximately 1.4%[27] - Total net assets increased to ¥11,076,007 million as of September 30, 2025, up from ¥10,523,753 million as of March 31, 2025, marking an increase of about 5.2%[27] - Total liabilities increased to ¥234,473,209 million as of September 30, 2025, up ¥249,131 million from ¥234,224,077 million as of March 31, 2025[147] Shareholder Information - The own capital ratio increased to 3.8% in the first half of fiscal 2025, compared to 3.6% in fiscal 2024[10] - The number of issued shares as of September 30, 2025, was 2,489,848,594, a decrease from 2,513,757,794 shares as of March 31, 2025[15] - Cash dividends for the second quarter of fiscal 2025 are estimated at ¥72.50, with a total estimated annual dividend of ¥145.00[12] - Cash dividends declared for the six months ended September 30, 2025, totaled ¥188,463 million, an increase from ¥139,610 million in the same period of 2024[32] Earnings Estimates - The company revised its consolidated earnings estimates for fiscal 2025 to ¥1,130,000 million, reflecting a 27.6% increase from the previous fiscal year[13] - Diluted earnings per share for fiscal 2025 are estimated at ¥453.49, up from the previous estimate of ¥1,020,000 million[14] Income and Expenses - General and administrative expenses increased to ¥966,147 million, up by ¥88,978 million compared to ¥877,168 million in the previous year[44] - Interest income for the six months ended September 30, 2025, was ¥2,891,300 million, down from ¥3,045,939 million in the same period of 2024, representing a decrease of about 5.1%[28] - Net interest income rose to ¥652,680 million, up by ¥169,823 million from ¥482,856 million year-over-year[44] Non-Performing Loans and Risk Management - Non-performing loans (NPL) for Mizuho Bank amounted to ¥43,699 million, an increase of ¥11,215 million from the previous period[88] - The NPL ratio for Mizuho Bank stood at 0.69%, a decrease of 0.24% compared to the previous period[95] - The total allowance for loan losses across the two banks was ¥242.3 billion as of September 30, 2025, down by ¥241.6 billion from ¥483.9 billion as of March 31, 2025[108] Capital Ratios - Total Capital Ratio as of September 30, 2025, is 18.41%, an increase of 0.66% from 17.75% as of March 31, 2025[85] - Tier 1 Capital Ratio improved to 16.55%, up by 0.90% from 15.65%[85] - Common Equity Tier 1 Capital Ratio reached 13.70%, reflecting a 0.47% increase from 13.23%[85] Future Projections - The estimated future taxable income for Mizuho Bank from October 1, 2025, to September 30, 2030, is projected at ¥6,103.9 billion[132] - Total deferred tax assets as of September 30, 2025, amounted to 939.6 billion yen, a decrease of 39.9 billion yen from March 31, 2025[135]