Mizuho Financial Group (NYSE: MFG) lifts FY 2026 profit and EPS
Rhea-AI Filing Summary
Mizuho Financial Group reported higher profitability for the fiscal year ended March 31, 2026 compared with both actual results and previously announced forecasts for the prior year. Ordinary Income rose slightly to JPY 9,085,438 million from JPY 9,030,374 million, showing broadly stable top-line activity. Ordinary Profits increased more sharply to JPY 1,573,159 million, up JPY 405,018 million or 34.6%, driven mainly by strong growth in Fee business in and outside Japan and profits from the sale of cross-holding stocks. Profit Attributable to Owners of Parent improved to JPY 1,248,632 million, a rise of JPY 118,632 million or 10.4%. Earnings per Share increased from JPY 453.49 to JPY 502.92, a gain of JPY 49.43 or 10.8%, indicating stronger returns per share for shareholders.
Positive
- Strong profit growth: Ordinary Profits rose to JPY 1,573,159 million, a 34.6% increase versus the prior fiscal year’s level.
- Higher shareholder earnings: Profit Attributable to Owners of Parent grew 10.4% to JPY 1,248,632 million, lifting EPS from JPY 453.49 to JPY 502.92.
Negative
- None.
Insights
Profitability improved strongly while revenue stayed broadly flat.
Mizuho Financial Group shows a notable profit uplift for the fiscal year ended March 31, 2026. Ordinary Income increased modestly by JPY 55,063 million (0.6%), indicating relatively stable overall revenue-like activity.
Ordinary Profits grew from JPY 1,168,141 million to JPY 1,573,159 million, a 34.6% increase. The company attributes this mainly to strong Fee business both domestically and overseas, and profits from selling cross-holding stocks, which can support margin expansion.
Profit Attributable to Owners of Parent rose 10.4% to JPY 1,248,632 million, lifting Earnings per Share from JPY 453.49 to JPY 502.92. This indicates higher earnings per unit of equity. Future disclosures in company filings may clarify the sustainability of fee growth and gains from cross-holding stock sales.