Training Example: Mizuho Financial Group – Review the Data, Give Your Score & Compare to the Real AI Evaluation

[H2] Our business
Our seasoned team of specialists is dedicated to helping our clients — both issuers and investors — achieve the best possible results in all market conditions and find stability for their future growth.View more
[H2] Our history
In Japanese, mizuho means "a fresh harvest of rice," and our name expresses our continuing commitment to offer highly valuable financial products and services to all of our customers, all over the world. Discover more
[H2] Our Corporate Identity
We bring fruitfulness to all of our stakeholders and contribute to the prosperity of economies and societies throughout the world, by bringing together our group–wide expertise and conducting business activities and operations rooted in this concept.Discover More
[H2] Our responsibility is to you, not our bottom line.
Corporate Social Responsibility (CSR) is integral to our efforts to serve the interests of you and all other stakeholders. Gain insights into our approach to CSR through case studies, initiatives to resolve social issues, noteworthy social contributions, and our commitment to diversity in human resources management.Read More
[IMG: Transformation through digitalization]
[H3] Transformation through digitalization
Learn More
[IMG: Giving back in the Americas]
[H3] Giving back in the Americas
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[IMG: Inclusion in EMEA]
[H3] Inclusion in EMEA
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[H2] News
May 28, 2026Receipt of Document Regarding Withdrawal of Shareholder Proposal and Matters to Be Submitted to the 24th Ordinary General Meeting of Shareholders (PDF/65KB)May 28, 2026May 28, 2026Receipt of Document Regarding Withdrawal of Shareholder Proposal and Matters to Be Submitted to the 24th Ordinary General Meeting of Shareholders (PDF/65KB)May 28, 2026May 28, 2026Receipt of Document Regarding Withdrawal of Shareholder Proposal and Matters to Be Submitted to the 24th Ordinary General Meeting of Shareholders (PDF/65KB)May 28, 2026May 20, 2026Announcement Regarding Strengthening of Strategic Capital and Business Alliance Between Mizuho Bank and Rakuten Bank and Expected Change in a Major Shareholder of Rakuten Bank (PDF/233KB)May 20, 2026May 20, 2026Announcement Regarding Strengthening of Strategic Capital and Business Alliance Between Mizuho Bank and Rakuten Bank and Expected Change in a Major Shareholder of Rakuten Bank (PDF/233KB)May 20, 2026May 20, 2026Announcement Regarding Strengthening of Strategic Capital and Business Alliance Between Mizuho Bank and Rakuten Bank and Expected Change in a Major Shareholder of Rakuten Bank (PDF/233KB)May 20, 2026May 18, 2026Regarding News Reports (PDF/100KB)May 18, 2026May 18, 2026Regarding News Reports (PDF/100KB)May 18, 2026May 18, 2026Regarding News Reports (PDF/100KB)May 18, 2026May 17, 2026Notice Regarding Media Articles (PDF/69KB)May 17, 2026May 17, 2026Notice Regarding Media Articles (PDF/69KB)May 17, 2026May 17, 2026Notice Regarding Media Articles (PDF/69KB)May 17, 2026May 15, 2026[Financial] Financial Statements for Fiscal 2025May 15, 2026May 15, 2026[Financial] Financial Statements for Fiscal 2025May 15, 2026May 15, 2026[Financial] Financial Statements for Fiscal 2025May 15, 2026Past News Releases
[H2] Information
5/29/26Fixed Income IR Presentation “Financial Results for FY25” (Material)5/29/265/29/26Capital Ratio Information 5/29/265/29/26Notice regarding a partial correction to the Convocation Notice of the 24th Ordinary General Meeting of Shareholders5/29/265/28/26Convocation Notice of the 24th ordinary General Meeting of Shareholders5/28/265/19/26"Investor Presentation for FY2025" Presentation Materials5/19/26
[H2] Important notices
Warning about Hoax Emails (phishing scams)Recently, business activities have been promoted by an entity identifying itself as "MZH Invest Group Pvt. Ltd." or "MZH Investment". Please be advised this entity is NOT part of the Mizuho group, and it is in no way affiliated with Mizuho Financial Group or any of our group companies.Recently, business activities have been promoted by an entity identifying itself as "Mizuho DKB Brokerage." Please be advised this entity is NOT part of the Mizuho group, and it is in no way affiliated with Mizuho Financial Group or any of our group companies.Recently, business activities have been promoted by an entity identifying itself as "Mizuho Corporate Global." Please be advised this entity is NOT part of the Mizuho group, and it is in no way affiliated with Mizuho Financial Group or any of our group companies.Warning about companies identifying themselves as companies belonging to Mizuho Financial Group: Companies calling themselves "Mizuho Mergers & Acquisitions," "Mizuho Investments Inc.," "Mizuho Investments Beverly Hills," and "Mizuho Financial Global" have established websites and are engaged in activities on the Internet, identifying themselves as companies belonging to Mizuho Financial Group. Please beware that these companies have absolutely no relationship or association with Mizuho Financial Group or any of our group companies.Recently, business activities have been promoted by an entity identifying itself as "Mizuho Holdings (6 Battery Road ♯12–01 Singapore. 049909)." Please be advised this entity is NOT part of the Mizuho group, and it is in no way affiliated with Mizuho Financial Group or any of our group companies.RSS feedsNews release e-mail distribution service

GovernanceCorporate Governance SystemCorporate Governance PolicyCorporate Governance StructurePolicy Regarding Mizuho Financial Group's Cross-shareholdings of Other Listed CompaniesCompensation for executive officersRules and Reports, etc.Risk GovernanceManagement of Top RisksComprehensive Risk ManagementCybersecurityDeclaration of Cybersecurity ManagementComplianceCrime preventionCustomer-oriented ApproachBusiness Continuity ManagementInternal Audit StructureSupport for SMEs and regional revitalizationCompliance with international financial regulationsBasic Stance toward Tax
[H1] Corporate Governance System
[H3] Corporate Governance Policy
Mizuho Financial Group's corporate governance policy.
[H3] Corporate Governance Structure
Mizuho Financial Group's corporate governance structure.SupervisionCompensation for executive officersExecutionInternal Audit GroupAccounting AuditorRelation with StakeholdersAppropriate Corporate Disclosure
[H3] Rules and Reports, etc.
Rules and Report, etc. shown below:Articles of IncorporationCorporate Governance GuidelinesOverview of Independence Standards of Outside DirectorsBasic Policy for Executive Compensation, etc.Corporate Governance ReportOutline of Results of the Evaluation on the Effectiveness of the Board of Directors

[H3] Governance Related Information

Corporate Governance System
Compliance
Risk Management Structure

[H1] Corporate Governance Policy
Mizuho's Corporate Identity, which is composed of Corporate Philosophy, Purpose and The Mizuho Values, serves as the concept that forms the basis of all activities conducted by Mizuho Financial Group. Under the "Mizuho's Corporate Identity," MHFG forms basic management policies and strategies for its entire group and has each company in our group work together and promote such group strategy. We aim to fulfill our social role and mission by giving due regard to creating value for diverse stakeholders and realizing improved corporate value through continuous and stable corporate growth and contributing to internal and external economic and industrial development and prosperity of society.MHFG, as a holding company, plays an active role in the management of our group and takes on a planning function with respect to strategies and policies of our group and a controlling function with respect to each company of our group as part of its business management, and establishes a corporate governance system consisting with the Board of Directors at its core, which operates for the benefit of the shareholders, and ensures that self–discipline and accountability of management of our group is fully functioning.
[H2] Basic policy regarding its corporate governance system
MHFG has adopted a Company with Three Committees in order to realize the basic policy regarding its corporate governance system.(1) Secure the effectiveness of corporate governance by ensuring the separation of supervision and management and making supervision of the management such as the execution of duties, etc., by executive officers the primary focus of the Board of Directors.(2) Make it possible for the management to make swift and flexible decisions and realize expeditious corporate management by the Board of Directors' delegating decisions on business execution to executive officers.(3) Utilize committees, etc., comprising mainly of outside directors who are independent from the management of Mizuho, and secure transparency and fairness in decision–making processes and the effective supervision of the management.(4) In the course of designing the organizations, etc., comprising the corporate governance system that realizes matters set out in items 1 through 3, the Company is to actively adopt operations and practices that are recommended at a global level regarding corporate governance as well as compliance with Japanese and foreign laws and regulations as a financial group expanding across the globe.For your reference, MHFG puts on its website "Corporate Governance Guidelines," which set out the fundamental perspectives regarding corporate governance in Mizuho, and the framework of the corporate governance system and the roles, composition, and operation policies of the Board of Directors, Executive Officers, Nominating Committee, Compensation Committee, and Audit Committee in MHFG as a Company with Three Committees.The Corporate Governance Report, which sets out the status of MHFG's corporate governance system, has been submitted to the Tokyo Stock Exchange, and it is also put up on the websites of both the Tokyo Stock Exchange and MHFG.(Related Principle of Corporate Governance Code)Principle 2.1, Principle 3.1 i), Principle 3.1 ii), General Principle 4
[H1] Corporate Governance Structure
Mizuho Financial Group ("MHFG") has adopted a Company with Three Committees in order to realize the basic policy regarding its corporate governance system.Overview of MHFG's corporate governance structure is shown below.Regarding the fundamental perspectives, framework and governing policies of MHFG's corporate governance system (Board of Directors, Directors, Nominating Committee, Compensation Committee, Audit Committee, voluntary committee, etc., Mizuho's group governance, and its advisor system), MHFG has established the "Corporate Governance Guidelines" as high–level regulations superseded only by the Articles of Incorporation.Related Principle of Corporate Governance CodePrinciple 3.1 ii)SupervisionExecutionInternal Audit GroupAccounting AuditorAdvisors SystemRelation with StakeholdersAppropriate Corporate DisclosureMHFG's Corporate Governance Structure
[H2] Supervision
* Following the resolution of the Board of Directors after the Annual General Meeting of Shareholders scheduled for June 2026, the number of Non-executive internal directors is expected to be two, and the number of internal directors who concurrently serves as executive officer is expected to be four.
[H3] The Board of Directors and Directors
[H4] Role of the Board of Directors and Directors
[H4] Role of the Board of Directors
The main roles of the Board of Directors are making decisions on business execution such as that basic management policy, which are matters to be determined solely by the Board of Directors under laws and regulations, and supervising the execution of duties by directors and executive officers.In order to fulfill the roles mentioned above, the Board of Directors shall appropriately establish and supervise the operation of the internal control systems (regarding matters such as risk management, compliance, and internal auditing) and risk governance systems of Mizuho.The Board of Directors shall, in principle, delegate to the President & CEO, who is the chief executive officer of Mizuho (Group CEO), decisions on business execution excluding matters to be determined solely by the Board of Directors under laws and regulations, for the purpose of realizing quick and flexible decision–making and expeditious corporate management and strengthening the supervision of executive officers, etc. by the Board of Directors.
[H4] Role of Directors
Each director shall supervise decision–making by the Board of Directors and the execution of duties by other directors and executive officers and execute the duties of the Committees by receiving reports and explanations from the Group CEO and other executive officers or other directors, etc. and asking questions or giving instructions or directions whenever necessary as members of the Board of Directors or appointed members of Committees.In addition to taking charge of the duties above as directors, it is expected that outside directors will conduct deliberations and make decisions in the course of making decisions on business execution such as basic management policy and supervising directors and executive officers particularly from the perspective of whether it is possible to realize continuous growth and social contributions by Mizuho from the standpoint of shareholders and other outside stakeholders.Related Principle of Corporate Governance CodeGeneral Principle 4, Principle 4.1, Supplementary Principles 4.1.1, Principle 4.2, Supplementary Principles 4.3.4, Principle 4.6, Principle 4.7
[H4] Composition of the Board of Directors
The Board of Directors shall not have more than fifteen (15) directors, which is the number of directors prescribed under the Articles of Incorporation. In light of the role of the Board of Directors to supervise the management, non–executive directors (outside directors and internal directors who do not concurrently serve as executive officers, managing directors, employees, or executive directors of MHFG or any subsidiary of MHFG) shall comprise a majority of the directors in the Board of Directors, while at least six (6) directors shall be outside directors (to fulfill the "Independence Standards of Outside Directors (PDF/229KB)").Composition of the Board of Directors (as of April 1, 2026)Number of the board members14Percentage of Non–Executive Directors86% (12 out of 14)* Following the resolution of the Board of Directors after the Annual General Meeting of Shareholders scheduled for June 2026, the percentage of Non-Executive Directors is expected to be 71% (10 out of 14)Percentage of Outside Directors57% (8 out of 14)ChairpersonTakashi Tsukioka (Outside Director (to fulfill the "Independence Standards of Outside Directors"))* Percentage of female directors: 14.3% / Average tenure: 3.1 years / Average age: 65.4 yearsRelated Principle of Corporate Governance CodePrinciple 4.6, Principle 4.8Composition of the Board of DirectorsSkill matrix of the Board of Directors (Reason for appointment)
[H4] Appointment and Dismissal of Directors
MHFG adopts a Company with Three Committees structure, therefore the Nominating Committee of MHFG determines the contents of proposals regarding the appointment and dismissal of directors of MHFG to be submitted to the general meeting of shareholders.Each candidate to be appointed as a director must satisfy the following requirements("Common Requirements"). The candidate possesses high integrity and deep insight, is highly ethical, and is committed to compliance with laws and regulations.The candidate can be expected to apply his or her extensive experience and knowledge in contributing to the continuous and stable corporate growth and improved corporate value of Mizuho.The candidate can be expected to contribute to the decision-making function and supervisory function of the Board of Directors.The candidate can ensure the time to invest sufficient time for performing his or her duties as a director.The candidate satisfies the qualification requirements for directors under laws and regulations. Each candidate to be appointed as an outside director must satisfy the following requirements as well as the requirements set out in the preceding paragraph in order to fully exert his or her supervisory function. The candidate has the ability to get an overview and understanding of the overall management of Mizuho, the ability to grasp essential issues and risks, and the ability to appropriately interview management and express opinions to and persuade management, etc.It is recognized that the candidate is independent from management of Mizuho in light of the Independence Standards of Outside Directors (PDF/397KB). Each candidate to be appointed as a director who concurrently serves as an executive officer, such as the Group CEO, must be a person who satisfies Common Requirements in the above and who is familiar with financial businesses and regulations and Mizuho's business model and has the ability to appropriately perform the business management of the Mizuho Group.The Nomination Committee selects candidates for directors to ensure that the Board of Directors as a whole possesses the necessary skills to exercise appropriate supervisory functions, including extensive experience and knowledge in the areas of management, risk management and internal control, finance and accounting, finance, human resources and organization, IT and digital, sustainability, and global fields.If there are objective and reasonable grounds for determining that a director has become significantly unqualified in light of the requirements set out in the each paragraph, and it is determined that the execution of duties as a director cannot be delegated to that director, then the Nominating Committee shall consider submitting a proposal regarding the dismissal of the director to the general meeting of shareholders.With regard to the status of concurrent offices of directors and the reason of appointment of directors, MHFG provides such information on reference materials of the "convocation notice of the ordinary general meeting of shareholders".Related Principle of Corporate Governance CodePrinciple 3.1 iv), Principle 3.1 v), Principle 4.9, Principle 4.11, Supplementary Principles 4.11.1, Supplementary Principles 4.11.2
[H4] Director Training
Our company's directors continuously gather information and enhance their knowledge regarding the business environment and the status of our Group's operations to fulfill their roles and enable the Board of Directors to exercise its supervisory functions. We consistently provide our directors with opportunities to acquire and improve the knowledge necessary to fulfill their expected roles and responsibilities.Upon their appointment, we offer opportunities for directors to acquire the necessary knowledge to fulfill their roles and responsibilities, including information on the Companies Act, related laws and regulations, and corporate governance. After their appointment, we continue to provide opportunities tailored to each director as needed. Additionally, for outside directors, we offer various opportunities for information gathering and communication, such as input sessions outside the Board of Directors, exchanges of opinions with officers and employees, and on-site inspections, to deepen their understanding of our Group's business, finances, organization, and business realities.The training policy for directors is described in "Corporate Governance Guidelines."
[H4] Overview of main initiatives
"Opportunities to acquire and improve knowledge" in relation to risk management, which directors should be aware of"Opportunities to acquire and improve knowledge" to deepen understanding of MizuhoRelated Principle of Corporate Governance CodePrinciple 4.14, Supplementary Principles 4.14.1, Supplementary Principles 4.14.2
[H4] Operation of the Board of Directors
The Chairperson of the Board of Directors shall, in principle, be an outside director in light of the role of the Board of Directors to supervise management. Mr. Takashi Tsukioka currently has been the Chairperson of the Board of Directors since June 2025.The Board of Directors may, whenever necessary, have executive officers, managing directors and employees of the Company, directors, corporate auditors, executive officers,

[H1] Shareholders' Meeting
[H2] The 24th Ordinary General Meeting of Shareholders
Date and Time: 10:00 a.m. on Friday June 26, 2026 (Doors open at 9:00 a.m.) Place: Tokyo International Forum(Hall A)Convocation Notice of the 24th Ordinary General Meeting of Shareholders (PDF/2,728KB)Notice regarding a partial correction to the Convocation Notice of the 24th Ordinary General Meeting of Shareholders (PDF/74KB)Convocation Notice of the 24th Ordinary General Meeting of Shareholders(Matters Omitted from the Documents to be Delivered to Shareholders Who Have Requested the Delivery of Documents in Paper Form) (PDF/497KB)
[H2] Archives regarding Shareholders' Meetings
[H1] Archives regarding Shareholders' Meetings
[H4] Ordinary General Meeting of Shareholders
[H2] The 23rd Ordinary General Meeting of Shareholders
Convocation Notice of the 23rd Ordinary General Meeting of Shareholders (PDF/2,840KB)Notice regarding a partial correction to the Convocation Notice of the 23rd Ordinary General Meeting of Shareholders (PDF/17KB)Convocation Notice of the 23rd Ordinary General Meeting of Shareholders(Matters Omitted from the Documents to be Delivered to Shareholders Who Have Requested the Delivery of Documents in Paper Form) (PDF/517KB)Our views on the proxy advisor reports (PDF/126KB)Our views on the proxy advisor reports (No.2) (PDF/100KB)Notice of Resolutions of the 23rd Ordinary General Meeting of Shareholders (PDF/320KB)Filing of Extraordinary Report (PDF/286KB)
[H3] The 22nd Ordinary General Meeting of Shareholders (Apr 1, 2023 to Mar 31, 2024)
Convocation Notice of the 22nd Ordinary General Meeting of Shareholders (PDF/3,013KB)Notice regarding a partial correction to the Convocation Notice of the 22nd Ordinary General Meeting of Shareholders (PDF/103KB)Convocation Notice of the 22nd Ordinary General Meeting of Shareholders(Matters Omitted from the Documents to be Delivered to Shareholders Who Have Requested the Delivery of Documents in Paper Form) (PDF/500KB)Notice of Resolutions of the 22nd Ordinary General Meeting of Shareholders (PDF/320KB)Filing of Extraordinary Report (PDF/297KB)Our views on the proxy advisor reports (PDF/132KB)
[H3] The 21st Ordinary General Meeting of Shareholders (Apr 1, 2022 to Mar 31, 2023)
Convocation Notice of the 21st Ordinary General Meeting of Shareholders (PDF/2,936KB)Convocation Notice of the 21st Ordinary General Meeting of Shareholders(Matters Omitted from the Documents to be Delivered to Shareholders Who Have Requested the Delivery of Documents in Paper Form) (PDF/514KB)Notice of Resolutions of the 21st Ordinary General Meeting of Shareholders (PDF/26KB)Filing of Extraordinary Report (PDF/98KB)
[H3] The 20th Ordinary General Meeting of Shareholders (Apr 1, 2021 to Mar 31, 2022)
Convocation Notice of the 20th Ordinary General Meeting of Shareholders (PDF/2,788KB)Items Disclosed on Internet pursuant to Laws and Regulations and the Articles of Incorporation in relation to the Convocation Notice (PDF/845KB)Notice of Resolutions of the 20h Ordinary General Meeting of Shareholders (PDF/100KB)Filing of Extraordinary Report (PDF/97KB)Items Disclosed on Internet in relation to the Convocation Notice of the 20th Ordinary General Meeting of Shareholders(Voluntary Disclosure) (PDF/223KB)Our views on the ISS and Glass Lewis reports (PDF/151KB)
[H3] The 19th Ordinary General Meeting of Shareholders (Apr 1, 2020 to Mar 31, 2021)
Convocation Notice of the 19th Ordinary General Meeting of Shareholders (PDF/1,506KB)Items Disclosed on Internet pursuant to Laws and Regulations and the Articles of Incorporation in relation to the Convocation Notice (PDF/548KB)Notice of Resolutions of the 19th Ordinary General Meeting of Shareholders (PDF/323KB)Filing of Extraordinary Report (PDF/285KB)
[H3] The 18h Ordinary General Meeting of Shareholders (Apr 1, 2019 to Mar 31, 2020)
Convocation Notice of the 18th Ordinary General Meeting of Shareholders (PDF/1,192KB)Items Disclosed on Internet pursuant to Laws and Regulations and the Articles of Incorporation in relation to the Convocation Notice (PDF/499KB)Notice of Resolutions of the 18th Ordinary General Meeting of Shareholders (PDF/30KB)Filing of Extraordinary Report (PDF/140KB)Amendment Report for Extraordinary Report (PDF/293KB)June 10, 2020 Proposal 5 at the 18th Ordinary General Meeting of Shareholders (PDF/311KB)
[H1] Reports for Shareholders
[H2] Shareholders' meeting
Convocation Notice of the 23rd Ordinary General Meeting of Shareholders (PDF/2,840KB)Notice regarding a partial correction to the Convocation Notice of the 23rd Ordinary General Meeting of Shareholders (PDF/17KB)
[H2] Interim period report to our shareholders
24th interim period report to our shareholders (PDF/881KB)
[H2] Archives regarding materials for shareholders
Convocation Notice of the 22nd Ordinary General Meeting of Shareholders (PDF/2,898KB)Convocation Notice of the 21st Ordinary General Meeting of Shareholders (PDF/2,936KB)Convocation Notice of the 20th Ordinary General Meeting of Shareholders (PDF/2,788KB)22nd interim period report to our shareholders (PDF/3,287KB)21st interim period report to our shareholders (PDF/3,134KB)20th interim period report to our shareholders (PDF/1,007KB)
[H1] Share Information
[H2] Number of Issued Shares
Common Stock2,489,848,594(As of September 30, 2025)
[H2] Matters regarding Common Stock
Classification by Types of Shareholders‍Number of ShareholdersTotal Number of Share UnitNumber of Share Unit Held %National & Municipal Government2228,1690.03%Financial Institutions3127,086,43828.59%Securities Companies771,407,5575.68%Other Domestic Companies9,3652,136,8438.62%Foreign Investors2,0998,909,68935.95%Individuals and Others560,8065,237,87321.13%Total572,88124,786,569100.0%Shares constituting less than one (1) unit-11,191,694-(As of September 30, 2025)Shareholders (Common Stock)Classification by Number of Shares Held‍Total Number of ShareholdersNumber of Shareholders %Total Number of Share UnitNumber of Share Unit Held %Over 5,000 Share Unit3580.06%17,408,91770.24%1,000 to 4,999 Share Unit7200.13%1,544,4006.23%500 to 999 Share Unit7450.13%503,6022.03%100 to 499 Share Unit8,1051.41%1,476,1525.96%50 to 99 Share Unit10,8681.90%694,5762.80%10 to 49 Share Unit108,33318.91%1,950,4477.87%5 to 9 Share Unit92,99116.23%573,3212.31%1 to 4 Share Unit350,76161.23%635,1542.56%Total572,881100.00%24,786,569100.00%Shares constituting less than one (1) unit--11,191,694-(As of September 30, 2025)
[H2] Major Shareholders
Common StockName of ShareholdersShare HeldPercentage of Shares OutstandingThe Master Trust Bank of Japan, Ltd. (Trustee account)384,905,40015.46%Custody Bank of Japan, Ltd. (Trustee account)138,591,2205.56%State Street Bank West Client - Treaty 50523454,367,6252.18%State Street Bank And Trust Company 50500149,336,4291.98%The Bank of New York Mellon as Depositary Bank for Depositary Receipt Holders42,228,6351.69%JP Morgan Chase Bank 38563237,715,1901.51%JP Morgan Chase Bank 38578137,660,2421.51%JPMorgan Securities Japan Co., Ltd.27,544,4161.10%Custody Bank of Japan, Ltd. (Taxable trust money account)26,034,0501.04%The Nomura Trust and Banking Co.,Ltd. (Investment trust account)24,794,4000.99%Notes:Figures for the Percentage of Shares Outstanding are rounded down to the nearest second decimal place.The Percentages of Shares Outstanding are calculated by excluding the treasury stock (922,472shares)(As of September 30, 2025)
[H2] Tradable Shares
Tradable Shares18,640,672 shares(As of March 31, 2025)
[H1] ADR Information
[H2] What is ADR?
ADRs are securities issued for the purpose of trading in the U.S. in place of the underlying stock of foreign companies. As ADRs are registered with the SEC as U.S. securities, they are traded, settled and held in custody in substantively the same manner as the stocks of U.S. companies. ADR is an acronym for American Depositary Receipts.
[H2] Outline of Mizuho Financial Group's ADR
Type of ADR Program: Sponsored Level 2 Program (*)Conversion Ratio : 5 ADRs ＝ 1 Underlying Share (Underlying Share : Mizuho Financial Group's common stock)U.S. Security Code (CUSIP): 60687Y109NYSE Ticker Symbol: MFGDepositary bank: The Bank of New York MellonLocal custodian bank: Mizuho Bank, Ltd.* For sponsored ADRs, the company issuing the underlying stock enters into a deposit agreement with a specific depositary bank, and ADRs are issued by the depositary bank once the issuer, depositary bank and investor rights and obligations have been clarified. In contrast, unsponsored ADRs are issued by the depositary bank based on investor demand without any involvement by the company issuing the underlying stock. Sponsored ADR Programs are divided into Levels 1, 2 or 3 depending on whether the issuance or sale of new stock is involved and the level of disclosure the company is obligated to provide. Under a Level 2 program, ADRs may be issued and listed on U.S. stock exchanges without being accompanied by the issuance or sale of new stock, and the issuer of the underlying stock is required to disclose information in a similar manner as U.S. listed companies.
[H2] ADR Price Information
Details of Mizuho Financial Group's ADR price, daily and weekly chart.
[H1] General Information
Fiscal Year –EndMar 31Ordinary General Meeting of ShareholdersLate JunShare unit100 sharesRecord Dates for Determination of DividendsMar 31 and Sep 30 (Interim dividends)Record DateThe date for the Ordinary General Meeting of Shareholders: Mar 31In other cases as deemed necessary, we will set the record date and give advance notice.Method of Public NoticesElectronic public notices; provided, however, that in the case where an electronic public notice is impracticable due to an accident or any other unavoidable reason, the same public notice of the Company may be given in the Nihon Keizai Shimbun.Stock Exchange ListingsPrime Market of the Tokyo Stock ExchangeNew York Stock Exchange*‍*We listed our ADRs (American Depositary Receipts) on the New York Stock ExchangeDomestic Stock Exchange Securities Code8411Shareholder special benefit plansAs of today, we do not offer a shareholder special benefit plan.
[H2] Contact List
‍Shareholder special benefit plansShareholder special benefit plansVarious procedures (e.g. change of address, change of method for receiving dividends, etc.)Request for purchase or additional purchase of shares constituting less than one unitPlease contact your securities company or other financial institutionStock Transfer Agency Department Mizuho Trust & Banking Co., Ltd.2–8–4 Izumi, Suginami–ku, Tokyo, Japan 168–8507Website:https://www.mizuho-tb.co.jp/daikou/index.html (Japanese Text Only)Tel: 0120–288–324 (toll–free within Japan only)Hours: 9:00 am to 5:00 pm (Tokyo local time), except Saturdays, Sundays and national holidays.Request for uncollected dividendsIssuance of payment statements, etc.‍Requesting payment of uncollected dividends can also be done at your local Mizuho Trust & Banking or Mizuho Bank branch.
[H2] Handling Office of Stock Procedure
Shareholder Register Manager3–3, Marunouchi 1–chome, Chiyoda–ku, TokyoMizuho Trust & Banking Co., Ltd.Handling Office3–3, Marunouchi 1–chome, Chiyoda–ku, TokyoStock Transfer Agency Department of the Head Office of Mizuho Trust & Banking Co., Ltd.Articles of Incorporation (PDF/221KB)Share Handling Regulations (PDF/173KB)
[H1] Analyst Coverage
[H2] Equity Analysts
Firms (in alphabetical order)Equity AnalystBofA Securities Japan Co., Ltd.Shinichiro NakamuraDaiwa Securities Co. Ltd.Ken MatsudaGoldman Sachs Japan Co., Ltd.Makoto KurodaJ.P. Morgan Securities Japan Co., Ltd.Takahiro YanoMorgan Stanley MUFG Securities Co., Ltd.Mia NagasakaNomura Securities Co., Ltd.Ken TakamiyaOkasan Securities Co., Ltd.Shinichi TamuraSBI SECURITIES Co., Ltd.Toyoki SameshimaSMBC Nikko Securities Inc.Masahiko Sato(As of July 22, 2025)
[H2] Credit Analysts
Firms (in alphabetical order)Credit AnalystSMBC Nikko Securities Inc.Muneharu Hashimoto(As of August 4, 2021)Note: Please note that any opinions, predictions or recommendations regarding Mizuho Financial Group, Inc. made by the analysts listed above are theirs alone and do not represent our opinions, predictions or recommendations. Mizuho Financial Group, Inc. does not by its reference above guarantee nor support those analysts' opinions, predictions or recommendations.
[H1] Creditor Information
The purpose of the Site is to facilitate fair and timely disclosure of information to Mizuho Group stockholders, investors and customers, as well as providing a broad range of information, including press releases. Information contained in the Site may include "important information" as defined by the Financial Instruments and Exchange Law. If a person receives such information by viewing the Site within twelve hours after the release of such information to the media and such person later conducts any sale, purchase or other transactions designated under the Financial Instruments and Exchange Law in respect of stocks or other securities or instruments issued by Mizuho Group, such transactions may be deemed to violate the Financial Instruments and Exchange Law. Visitors to the Site who are residents of countries other than Japan may be subject to similar restrictions under the laws of their country of residence, and MHFG expects that such visitors will utilize the information contained in the Site in compliance with such restrictions.
[H2] Rating Information
(Updated on May 17, 2024, no changes since then)

S&P
Moody's
Fitch
R&I
JCR

Long–
term
Short–
term
Long–
term
Short–
term
Long–
term
Short–
term
Long–
term
Short–
term
Long–
term
Short–
term

Mizuho Financial Group
A−
–
A1
P–1
A−
F1
AA−
–
AA
–

Mizuho Bank
A
A–1
A1
P–1
A
F1
AA
a–1+
AA
–

Mizuho Trust & Banking
A
A–1
A1
P–1
A
F1
AA
a–1+
AA
–

Mizuho Securities
A
A–1
A1
P–1
A−
F1
AA
a–1+
AA
J–1+

[H2] S&P
[IMG: Graph of S&P]
[H2] Moody's
[IMG: Graph of Moody]
[H2] Fitch
[IMG: Graph of Fitch]
[H2] Bond Information
[Mizuho Financial Group]Mizuho Financial Group is filing Shelf Registration Statement.

Filing Date
March 21, 2024

Planned Issuing Period
March 29, 2024 to March 28, 2026

Type of Securities
Senior Notes
Subordinated Notes
Perpetual Subordinated Bonds

Aggregate Amount of Planned Issuances
JPY 3 trillion

Shelf Registration Statement
(PDF/96KB)*1*2

For the details of subordinated notes, please refer to Capital Ratio Information.[Mizuho Bank]Mizuho Bank is filing Shelf Registration Statement.Notes

Filing Date
Apr 14, 2026

Planned Issuing Period
Apr 22, 2026 to Apr 21, 2028

Type of Securities
Notes

Aggregate Amount of Planned Issuances
JPY 1.2 trillion

Shelf Registration Statement
(PDF/31KB)*1

Notes

Filing Date
Apr 14, 2026

Planned Issuing Period
Apr 22, 2026 to Apr 21, 2028

Type of Securities
Notes

Aggregate Amount of Planned Issuances
JPY 300 billion

Shelf Registratio

[H1] Corporate Finance
Our extensive corporate finance solution is primarily geared toward meeting our client's long–term and short–term financial planning and the implementation of financial strategies. Corporate capital investments require decisions with regards to how they should be paid, with equity or with debts.In collaboration with several Mizuho Group companies, we provide a wide range of corporate financing services to clients–whether major international corporations, financial sponsors, public sector entities, or Fortune 1000® companies. At the same time, our global reach gives clients access to integrated capital markets and lending capabilities for more flexibility, efficiency and funding sources.
[H2] A Worldwide Network
Our extensive global footprint encompasses nearly 120 offices in nearly 40 countries and territories in Europe, the Middle East and Africa, Asia and the Americas.
[H3] East Asia
Headquarters: Hong KongNumber of offices: 29 offices in four countries/regions
[H3] Asia & Oceania
Headquarters: SingaporeNumber of offices: 25 offices in 10 countries/regions
[H3] Americas
Headquarters: New YorkNumber of offices: 35 offices in seven countries/regions
[H3] EMEA
Headquarters: LondonNumber of offices: 27 offices in 17 countries/regions
[H1] Syndicated Finance
We have a solid reputation in the syndicated loan market, leveraging our global network and large pool of investors to distribute debt in both the primary and secondary markets.In the first six months of 2020, Mizuho Financial Group was the 6th ranked global loan bookrunner by proceeds. (Source: Refinitiv, Global Syndicated Loans Review)
[H2] Global Syndicated Loans
Source: Refinitiv, Global Syndicated Loans Review
[H2] Structure of a Typical Syndicated Finance
As an arranger, we negotiate terms and conditions with clients and secure syndicate lenders.As an agent, we oversee an array of administrative tasks, including processing loan applications, assigning loan portions, and disbursing principal and interest payments to other syndicate lenders on behalf of the customer.
[H2] Benefits of Syndicated Loans
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[H2] One of Japan's Strongest Syndication Houses
As a leading bank in Japan, we're continuously ranked at the top of the league tables in the Japanese market with the best syndicated loan professionals and an excellent track record. We have accordingly built strong relationships with investors in Japan, including regional banks, trust banks and institutional investors.Mizuho's Share of the Japan Syndicated Loan Market–Bookrunner (2020 H1)Source: Refinitiv, Global Syndicated Loans Review‍
[H2] Notice
The use of the above products or services is contingent upon the credit assessment in accordance with Mizuho Bank’s prescribed procedures. As part of this assessment, you may be required to submit certain documents.Commissions will be charged for the various services performed as the arranger or agent of a syndicated loan. Commission rates differ depending on the details of the syndication.Please consult an attorney, accountant, or tax accountant regarding any legal matters, accounting issues, or taxation concerns.
[H1] Acquisition Finance
Acquisition or leveraged finance is a financing arrangement that focuses on the value and future cash flows of an asset. Our leveraged finance team comprises experienced, multinational professionals located in Tokyo, New York, London, Hong Kong and Sydney. Our expertise in providing alternative solutions and navigating complex legal issues helps deliver the best possible outcomes for our clients.
[H2] Leveraged Buy–Out
LBO allows financial sponsors to take advantage of the global debt markets to raise funds to purchase a target company or part of its business with limited capital. The future cash flow of the acquired assets can be used to secure the debt. It may use a mixture of multiple ranked debt including senior debt, mezzanine debt and junior debt.LBO can be applied to other types of financing such as a management buy–out (MBO) and can occur in growth situations, restructuring situations and insolvencies. We lead this market in terms of transaction volume.
[H2] Management Buy–Out
MBO allows the management team of a company to acquire all or part of the shares in the company through a new company established for that purpose.
[H2] Structure of a Typical MBO
[H2] Mizuho Bank’s Activities
[H3] Proposing ways to optimize the business portfolio
Proposing solutions such as business transfers, taking companies private and “spin–outs.”
[H3] Assisting with financing during the LBO/MBO process
Introducing potential investors and making proposals regarding the structuring of deals and the various procedures to use when executing the transaction.
[H3] Offering support for business restructuring and revitalization
Providing sophisticated financing solutions, including total debt restructuring, borrowing–base financing, and debtor–in–possession (DIP) financing.‍
[H2] Notice
The use of the above products or services is contingent upon the credit assessment in accordance with Mizuho Bank’s prescribed procedures. As part of this assessment, you may be required to submit certain documents.Fees may be charged for using these products or services. The amount and type differ depending on the details of individual transactions.Please consult an attorney, accountant, or tax accountant regarding any legal matters, accounting issues, or taxation concerns.
[H1] Real Estate Finance
Real estate finance can be used by property owners to optimize their balance sheets, as well as by REITs and other real estate businesses to acquire properties efficiently.Real estate securitization refers to the process whereby income generated from real estate properties, and the value of the properties themselves, are used as collateral to secure a loan that is then used by a special purpose company (SPC) to purchase the properties.We design financing proposals to meet the our clients’ specific needs based on the analysis of such factors as the property type, location, purchase price, occupancy rate, and related income versus expenditures.
[H2] Typical Structure of a Real Estate Securitization Arrangement
The real estate owner (customer) agrees to sell their real estate to the SPC.The SPC obtains funds for the purchase in the form of a non–recourse loan and investment capital.The SPC pays the purchase price to the real estate owner (customer).The SPC uses the cash flows generated from the purchased properties to repay the loan and pay dividends to investors.
[H2] Addressing Other Business Needs
The securitization financial model helps real estate owners diversify financing methods and optimize their balance sheet. It could also be used by REITs, etc., to acquire real estate properties.For those who need to consolidate or relocate their business centers, we provide simulations and cost estimates involved in such an action and suggest plans for effective alternatives. We also advise and provide optimal solutions for any real estate–related issues that may arise in the course of business development.
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[H2] Notice
The use of the above products or services is contingent upon the credit assessment in accordance with Mizuho Bank’s prescribed procedures. As part of this assessment, you may be required to submit certain documents.Fees may be charged for using these products or services. The amount and type differ depending on the details of individual transactions.Please consult an attorney, accountant, tax accountant, or auditing firm regarding any legal matters, accounting issues, or taxation concerns.
[H1] Project Finance
Project finance is a form of syndicated finance designed for long–term infrastructure and industrial projects often involving governments. We play a significant part in funding projects in various industrial sectors, catalyzing public and private partnerships and reducing project risk using a mix of government credits, insurance and private lending.
[H2] Global Project Finance
Source: Project Finance International, Mid-Year Review (2020)
[H2] Structure of a Typical Project Financing Arrangement
The sponsor establishes and invests capital in the project company, which will serve as the borrower.The project company signs contracts with various parties involved in the project.The project company signs a loan agreement with the financial institutions, and borrows funds for the completion and operation of the project.The project company uses cash flows that are generated from the project to repay the loan.
[H2] Mizuho Bank’s Roles at Each Stage of Project Finance
[H2] Equator Rules
We are a member of the Equator Principles Financial Institutions (EPFI), a group of 40 other major global private and governmental institutions that have established common standards that private financial institutions apply to determine, assess and manage environmental and social risks in project financing. The Equator Principles have been revised, reflecting the experience of the 40 member institutions.
[H2] Industry Sectors Covered
Gas, Gas Pipeline, and LNGOil, PetrochemicalsMining, SmeltingPower Generation, Transmission, and DistributionTelecommunications, Information TechnologyWaste TreatmentHighway, Railway, Port, Water, and Other Infrastructure
[H2] Notice
The use of the above products or services is contingent upon the credit assessment in accordance with Mizuho Bank’s prescribed procedures. As part of this assessment, you may be required to submit certain documents.Fees may be charged for using these products or services.Please consult an attorney, accountant, or tax accountant regarding any legal matters, accounting issues, or taxation concerns.
[H1] Export Credit Agency Finance
An Export Credit Agency (ECA) is an institution that serves as an intermediary between governments and exporters, providing credit insurance or financial guarantees, or both, as part of a financing.We have credentials and longstanding relationships with many of the major ECAs and with select Multilateral Finance Institutions (MFIs), which also operate to provide risk mitigation. We can provide our expertise to clients when structuring innovative financing solutions. Working alongside exporters and ECAs or MFIs, we can structure financings that mitigate exposure to so–called political risks, thereby facilitating exports to a potentially greater range of countries.Our global footprint brings together a team of highly experienced professionals who work seamlessly to deliver cutting–edge solutions to clients worldwide. We have a proven track record providing ECA finance for our clients including buyer credits, overseas investment loans, untied loans, natural resource and energy loans.
[H2] Notice
The use of the above products or services is contingent upon the credit assessment in accordance with Mizuho Bank’s prescribed procedures. As part of this assessment, you may be required to submit certain documents.Fees may be charged for using these products or services. The amount and type differ depending on the details of individual transactions.Please consult an attorney, accountant, tax accountant, or auditing firm regarding any legal matters, accounting issues, or taxation concerns.
[H1] Other Structured Finance
We serve you with innovative ideas and solutions for your corporate needs, drawing upon the expertise of our international branch networks and our experience in structuring sophisticated products.​​​​​​‍SecuritizationLeaseShip financeAircraft finance