MFG financial statements

The full income statement, balance sheet, and cash-flow statement for Mizuho Financial Group Inc. Sponosred ADR (Japan) (MFG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2018-03 126.95B2019-03 12.68B2020-03 12.69B2021-03 12.70B2022-03 12.70B2023-03 12.68B2024-03 12.70B2025-03 12.57B2026-03 12.45B-90.2% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	29.8B YoY+39.2%	21.4B YoY-21.6%	27.3B YoY+76.2%	15.5B YoY+0.0%	15.5B YoY-45.8%
Noninterest income	18.6B YoY+41.8%	13.1B YoY-30.7%	19.0B YoY+189.0%	6.56B YoY+10.0%	5.96B YoY-69.0%
Selling, general & administrative	6.37B YoY+17.4%	5.42B YoY+4.5%	5.19B YoY+1.4%	5.12B YoY-5.9%	5.44B YoY-7.5%
General & administrative	6.37B YoY+17.4%	5.42B YoY+4.5%	5.19B YoY+1.4%	5.12B YoY-5.9%	5.44B YoY-7.5%
Amortization of intangibles	54.1M YoY-8.7%	59.2M YoY+0.1%	59.1M YoY+3.9%	56.9M YoY-19.7%	70.8M YoY-11.8%
Noninterest expense	17.4B YoY+10.2%	15.8B YoY+0.3%	15.7B YoY+10.2%	14.3B YoY-9.2%	15.7B YoY-11.7%
Provision for credit losses	1.25B YoY+98.1%	629M YoY+72.3%	365M	—	—
Interest expense	—	—	31.5B YoY+95.8%	16.1B YoY+383.5%	3.33B YoY-24.6%
Interest & investment income	39.5B YoY-2.3%	40.4B YoY+1.5%	39.8B YoY+59.2%	25.0B YoY+94.8%	12.8B YoY-6.5%
Net interest income	11.1B YoY+34.9%	8.26B YoY-0.7%	8.32B YoY-6.8%	8.93B YoY-6.2%	9.52B YoY+2.1%
Equity-method income	497M YoY+168.3%	185M YoY+35.4%	137M YoY+168.6%	-199M YoY-164.8%	308M YoY+5.2%
Gain (loss) on equity securities	6.85B YoY+673.7%	-1.19B YoY-117.1%	6.98B YoY+596.9%	1.00B YoY+285.8%	-539M YoY-106.7%
Pre-tax income	11.1B YoY+123.8%	4.98B YoY-55.6%	11.2B YoY+2095.1%	511M YoY+123.7%	-2.16B YoY-122.2%
Income tax	2.38B YoY+81.7%	1.31B YoY-55.4%	2.94B YoY+1031.6%	260M YoY+120.7%	-1.25B YoY-163.1%
	7.65B YoY+96.7%	3.89B YoY-38.3%	6.30B YoY+6192.9%	-103M YoY+88.9%	-932M YoY-117.0%
Net income to non-controlling interest	1.11B YoY+603.4%	-221M YoY-111.2%	1.97B YoY+456.0%	355M YoY+1126.1%	28.9M YoY-98.7%
	$0.62 YoY+100.3%	$0.31 YoY-38.1%	$0.50 YoY+6194.7%	-$0.01 YoY+88.9%	-$0.07 YoY-117.0%
EPS (basic)	$0.62 YoY+100.3%	$0.31 YoY-38.1%	$0.50 YoY+6195.6%	-$0.01 YoY+88.9%	-$0.07 YoY-117.0%
	12.4B YoY-1.8%	12.6B YoY-0.3%	12.7B YoY+0.0%	12.7B YoY-0.0%	12.7B YoY-0.0%
	12.4B YoY-1.8%	12.7B YoY-0.3%	12.7B YoY+0.0%	12.7B YoY-0.0%	12.7B YoY-0.0%
Dividends per share	$0.19 YoY+4.4%	$0.18 YoY+26.6%	$0.15 YoY+15.6%	$0.13 YoY-11.8%	$0.14 YoY+0.6%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Cash & equivalents	394B YoY-19.4%	490B YoY+0.0%	490B YoY-4.5%	513B YoY+19.6%	429B YoY-2.9%
	1.86T YoY+0.7%	1.85T YoY+2.6%	1.80T YoY-4.2%	1.88T YoY-1.4%	1.90T YoY-5.3%
Property, plant & equipment	11.5B YoY-5.0%	12.1B YoY+6.8%	11.3B YoY-9.2%	12.5B YoY-11.0%	14.0B YoY-14.7%
Operating lease right-of-use	3.04B YoY-3.8%	3.16B	—	—	—
Goodwill	1.34B YoY+23.2%	1.09B YoY+0.4%	1.09B YoY+55.0%	701M YoY-8.0%	762M YoY-9.3%
Intangible assets	266M YoY+12.5%	237M YoY-20.4%	297M YoY-11.8%	337M YoY-14.5%	394M YoY-22.5%
Deferred tax assets	2.39B YoY+3.6%	2.30B YoY+78.1%	1.29B YoY-55.7%	2.92B YoY+27.9%	2.28B YoY+459.3%
	1.79T YoY+0.6%	1.78T YoY+2.7%	1.73T YoY-4.1%	1.80T YoY-1.3%	1.83T YoY-5.0%
Long-term debt	131B YoY+32.0%	99.5B YoY-7.5%	108B YoY-4.3%	112B YoY+8.6%	103B YoY-2.6%
Operating lease liability (total)	3.29B YoY-2.0%	3.35B YoY-7.5%	3.62B YoY-15.8%	4.31B YoY-11.7%	4.88B YoY-15.5%
Finance lease liability (total)	167M YoY-19.0%	206M YoY+47.0%	140M YoY+170.4%	51.8M YoY+36.3%	38.0M YoY-54.3%
Deferred tax liabilities	320M YoY+31.0%	245M YoY+16.8%	209M YoY+9.2%	192M YoY-19.7%	239M YoY-65.8%
	68.4B YoY+1.9%	67.1B YoY+2.3%	65.6B YoY-2.4%	67.2B YoY-8.2%	73.3B YoY-11.2%
Common stock	36.3B YoY-6.0%	38.7B YoY+0.3%	38.5B YoY-12.4%	44.0B YoY-8.0%	47.8B YoY-9.5%
Retained earnings	25.6B YoY+14.9%	22.3B YoY+8.2%	20.6B YoY+11.9%	18.4B YoY-15.9%	21.9B YoY-18.5%
Treasury stock	1.96B YoY+3010.9%	63.1M YoY+1.6%	62.1M YoY-6.2%	66.3M YoY-3.4%	68.6M YoY+6.2%
Accumulated other comprehensive income	8.43B YoY+35.7%	6.21B YoY-4.5%	6.50B YoY+32.8%	4.90B YoY+35.4%	3.62B YoY+25.5%
Non-controlling interest	3.90B YoY+20.5%	3.23B YoY-2.5%	3.32B YoY-45.7%	6.11B YoY+40.7%	4.34B YoY-17.8%
Total equity incl. non-controlling	72.3B YoY+2.8%	70.4B YoY+2.1%	68.9B YoY-6.0%	73.3B YoY-5.5%	77.6B YoY-11.6%
Total liabilities & equity	1.86T YoY+0.7%	1.85T YoY+2.6%	1.80T YoY-4.2%	1.88T YoY-1.4%	1.90T YoY-5.3%
	12.4B YoY-1.0%	12.6B YoY-1.0%	12.7B YoY+0.0%	12.7B YoY+0.0%	12.7B YoY+0.0%
	12.4B YoY-1.0%	12.6B YoY-1.0%	12.7B	—	12.7B YoY+0.0%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	-11.8B YoY-3141.2%	387M YoY+101.6%	-23.9B YoY-421.5%	7.44B YoY-84.8%	48.9B YoY+1006.5%
Depreciation & amortization	1.84B YoY+17.6%	1.56B YoY+1.7%	1.54B YoY-12.8%	1.76B YoY-13.2%	2.03B YoY-7.0%
Intangible amortization	54.1M YoY-8.7%	59.2M YoY+0.1%	59.1M YoY+3.9%	56.9M YoY-19.7%	70.8M YoY-11.8%
Deferred income taxes	-433M YoY+36.8%	-684M YoY-159.9%	1.14B YoY+207.5%	-1.06B YoY+53.3%	-2.27B YoY-575.2%
	-78.0B YoY-162.7%	-29.7B YoY-16.9%	-25.4B YoY-155.6%	45.7B YoY+202.4%	-44.6B YoY-81.1%
Capital expenditure	2.03B YoY-8.4%	2.22B YoY+25.1%	1.77B YoY+29.3%	1.37B YoY+13.0%	1.21B YoY-39.2%
Free cash flow	-13.8B YoY-654.6%	-1.83B YoY+92.9%	-25.7B YoY-523.3%	6.07B YoY-87.3%	47.7B YoY+1866.2%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	36.9B YoY-67.3%	113B YoY-58.3%	271B YoY-7.2%	292B YoY-15.9%	347B YoY+16.7%
Proceeds from sale of PP&E	227M YoY-63.2%	617M YoY+557.3%	93.9M YoY+29.6%	72.5M YoY-56.5%	167M YoY+29.2%
	12.3B YoY-52.7%	25.9B YoY-67.2%	79.1B YoY+38.1%	57.3B YoY+223.5%	17.7B YoY-78.4%
Long-term debt issued	50.6B YoY+145.4%	20.6B YoY-2.5%	21.2B YoY-39.1%	34.7B YoY+29.9%	26.7B YoY+10.3%
Long-term debt repaid	16.8B YoY-40.8%	28.4B YoY+39.2%	20.4B YoY-7.4%	22.0B YoY-8.7%	24.2B YoY+69.5%
Net short-term debt	-18.3B YoY-244.0%	12.7B YoY+12859.2%	97.9M YoY+100.3%	-32.0B YoY-110.4%	-15.2B YoY-139.5%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	2.67B YoY+296.0%	675M YoY+2787.1%	23.4M YoY+36.8%	17.1M YoY-0.4%	17.1M YoY-1.7%
Dividends paid	2.44B YoY+22.1%	2.00B YoY+23.1%	1.62B YoY+4.9%	1.55B YoY-11.7%	1.75B YoY-2.5%
FX effect on cash	—	—	—	—	8.60B YoY+287.1%
Net change in cash	-71.6B YoY-1512.3%	-4.44B YoY-110.5%	42.3B YoY-63.8%	117B YoY+281.6%	30.6B YoY-52.2%
Interest paid	28.9B YoY-12.6%	33.1B YoY+0.6%	32.9B YoY+119.3%	15.0B YoY+513.7%	2.44B YoY-47.9%
Income taxes paid	1.83B YoY+124.5%	814M YoY-59.0%	1.99B YoY+101.8%	985M YoY-32.7%	1.46B YoY-28.5%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	98.8B YoY+42.7%	69.3B YoY+37.2%	50.5B YoY+41.1%	35.8B YoY+9.6%	32.6B YoY-11.7%
P/E	12.9× YoY-27.4%	17.8×	—	—	—
P/S	3.3× YoY+2.6%	3.2× YoY-0.7%	3.3× YoY+41.1%	2.3× YoY+9.6%	2.1× YoY+63.1%
P/B	1.4× YoY+40.0%	1.0× YoY+37.4%	0.8× YoY+41.1%	0.5× YoY+19.5%	0.4× YoY-0.5%
P/FCF	—	—	8.3× YoY+41.1%	5.9× YoY+762.3%	0.7× YoY-95.5%
	7.7% YoY+37.8%	5.6%	—	—	—
	—	—	12.0% YoY-29.1%	17.0% YoY-88.4%	146.2% YoY+2126.4%
	2.4% YoY-27.6%	3.3% YoY-8.6%	3.6% YoY-18.1%	4.5% YoY-19.6%	5.5% YoY+13.9%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: MFG's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MFG filings on SEC EDGAR → Not investment advice.