Mizuho Financial Group, Inc. · TSE:8411
Mizuho Financial — Debt Investor Presentation (August 2026)
20 slides from Mizuho Financial's debt investor presentation, August 2026
Slide 1: FY26 Q1 Update for Fixed Income Investors
FY26 Q1 Update for Fixed Income Investors Apr. 2026 - Jun. 2026 August 2026 © 2026 Mizuho Financial Group, Inc.
Slide 2: Financial Summary
Financial Summary
Slide 3: Summary of Financial Results
Summary of Financial Results (JPY B) FY26 Q1 YoY 1 Consolidated Gross Profits: +39.1% YoY Significant profit growth driven by strong fee business mainly with A Consolidated Gross Profits1 domestic corporates, increased equity flows in S&T in and outside 1 1,070.1 +301.0 Japan, and banking revenue gr
Slide 4: Historical Performance
Historical Performance Consolidated Net Business Profits & Expense ratio Profit Attributable to Owners of Parent & ROE (JPY B) (JPY B) Expense ratio ROE2 (past 12 months) Consolidated Net Business Profits1 Profit Attributable to Owners of Parent 12.5% 11.4% 64.0% 64.6% 62.9% 1,461.1 62.7% 62.5% 59.4
Slide 5: Financial Results by In-house Company
Financial Results by In-house Company (JPY B, Group aggregate, preliminary figures) Profit Attributable to Gross Profits G&A Expenses Net Business Profits Owners of Parent FY26 Q1 YoY1 FY26 Q1 YoY1 FY26 Q1 YoY1 FY26 Q1 YoY1 Customer Groups 718.0 +102.5 -398.6 -26.5 335.8 +86.7 +35% 241.0 +21.2 +10%
Slide 6: Overview of Balance Sheet (Jun-26)
Overview of Balance Sheet1 (Jun-26) Total Assets JPY 304T (+2.0) Of which Non-JPY4 Loans Deposits/NCDs ◼ Loans covered by customer deposits and stable mid-long term funding, such as corporate bonds and currency swaps 175 (-2.1) USD 499.1B (-1.3) 103 (+3.3) YoY JPY in Japan2 121.4 (-2.5) （+0.0） Custo
Slide 7: Loans in Japan
Loans in Japan1 (JPY T) Average bal. 61.4 <Period-end bal.> Loan and Deposit Rate Margin2 (vs. FY25 avg bal.) 57.8 <62.9> 56.9 Returns on Loans and Bills Discounted (a) <60.4> RBC Cost of Deposits (b) <56.3> 7.3 Individual Loans and Deposit Rate Margin (a-b) <7.3> 7.8 7.5 (-0.2) 1.59% <7.4> <7.6> 1.
Slide 8: Loans outside Japan
Loans outside Japan1 (USD B) Average bal. <Period-end bal.> 247.5 252.7 (vs. FY25 avg bal.) Loan and Deposit Rate Margin2 242.7 <250.9> Returns on Loans and Bills Discounted (a) <249.1> <237.9> Cost of Deposits (b) Loans and Deposit Rate Margin (a-b) 49.3 EMEA 47.3 5.54% 48.9 <50.4> (+2.0) <49.0> 4.
Slide 9: Non-interest Income
Non-interest Income1 (JPY B, Figures in ( ) represent YoY) 376.8 Domestic Corporate Solutions Business +60.0 RBC: 119.0 (+14.3) 94.3 IB Business: 18.9 (+2.5) Solutions Business2: 28.7 (+3.8) 316.8 Individual Wealth Real estate: 11.1 (+1.2) Management3: 40.0 (+6.5) 62.1 (Ref.) Total Assets in Credit-
Slide 10: Asset Quality
Asset Quality Credit-related Costs Non-performing Loans based on BA1 and FRA2,3 (JPY B, Consolidated) (JPY T, Consolidated) NPL Ratio Reserves recorded from a forward-looking perspective Others 1.1 Claims against Bankrupt 1.04 and Substantially -133.0 Bankrupt Obligors 0.92 0.9 -54.7 0.84 -51.6 Clai
Slide 11: Securities Portfolio
Securities Portfolio1 Other Securities JGB Portfolio5 (JPY B, Consolidated) (JPY T, 2 Banks) Net Unrealized 1.0 0.9 0.8 Average remaining Acquisition cost basis Gains (Losses)2 period6(yrs) Jun-26 vs Mar-26 Jun-26 vs Mar-26 20.6 Medium to long A Total 40,956.9 +7,026.3 1,822.5 +3.5 14.9 6.5 term bon
Slide 12: Summary of Capital and Funding
Summary of Capital and Funding
Slide 13: Basel Regulatory Disclosures
Basel Regulatory Disclosures (JPY B, Consolidated) Capital Ratios Other Regulatory Ratios (Regulatory (Regulatory minimum1) Mar-25 Mar-26 Jun-26 Minimum) Total (11.5%) 17.75% 17.61% 17.74% Leverage Ratio 4.77% 4.87% 4.86% （3.70%） Tier1（9.5%) 15.65% 15.73% 15.94% External TLAC Ratio RWAs Basis 26.86%
Slide 14: Basel Capital Regulations in Japan
Basel Capital Regulations in Japan (JPY) Capital Ratio1 Leverage Ratio 26.02% Risk Weighted Assets Total Exposure 82.2T 269.1T4 6.8T 18.05% 17.74% 1.4T 15.94% 4.86% TLAC 1.9T AT1 3.1T 13.51% 3.70% 11.50% Capital 4.5T 0.55% Tier2 Leverage distribution (5.51%) Buffer 9.50% constraints2,3 AT1 Capital d
Slide 15: Bond Issuance Overview
Bond Issuance Overview1 Outstanding by FY26 Issuance Notes currency Capital Purpose AUD GBP Funding Purpose 1% 1% USD 6.6 B FY26 Issuance Plan: USD 7B equivalent HoldCo EUR 0.0 B EUR ◼ Mainly issue in USD and EUR Senior Bonds 31% (TLAC eligible) USD (Ref.) ◼ Determine Callable/Bullet format Total US
Slide 16: HoldCo Senior Bond (TLAC eligible) Issuances and Redemptions by FY
HoldCo Senior Bond (TLAC eligible) Issuances and Redemptions by FY1 (USD B) Issuance 9.5 7.1 5.8 5.2 6.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -3.5 -2.9 -5.3 -3.2 -3.5 -7.4 -1.6 -6.2 -6.6 -6.0 -6.8 Redemption -9.0 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 Past issuance (announcement date) :
Slide 17: AT1 Capital Securities Issuances and Redemptions by FY
AT1 Capital Securities Issuances and Redemptions by FY1 (JPY B) 574 Issuance 77 261 314 290 0 0 0 0 0 0 0 -195 -140 -163 -101 -235 -317 -225 -313 -305 -44 Redemption -392 -359 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 Past issuance Total Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Slide 18: Tier 2 Capital Securities Issuances and Redemptions by FY
Tier 2 Capital Securities Issuances and Redemptions by FY1 (JPY B) Issuance 238 200 180 131 150 0 -89 -163 -192 -214 -205 -241 -238 -173 -187 -46 Redemption -275 -65 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 Past issuance Total Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar (JPY B
Slide 19: Abbreviations, Foreign exchange rate, Definitions
Abbreviations Foreign exchange rate FG ： Mizuho Financial Group, Inc. RBC ： Retail & Business Banking Company ◼ Management accounting ◼ Financial accounting (TTM at the respective period-end) BK ： Mizuho Bank, Ltd. CIBC ： Corporate & Investment Banking Company TB ： Mizuho Trust & Banking Co., Ltd. G
Slide 20: Disclaimer
Disclaimer This presentation contains statements that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 in regard to Mizuho Financial Group, Inc. (“Mizuho FG”), including estimations, forecasts, targets and plans. Such forw
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